Original scientific paper
https://doi.org/10.1080/1331677X.2022.2039877
Role of R&D investments and air quality in green governance efficiency
Linhai Zhao
Farhad Taghizadeh-Hesary
Abstract
This article measures the impact of R&D investment and carbon
dioxide (CO2) emission of the Shanghai and Shenzhen stock market
listed companies on the green governance efficiency (G.G.E.).
An econometric analysis based on the data from 2015 to 2019 is
used to measure the impact. The study’s findings reveal that
research and development (R&D) investments significantly boost
G.G.E. On the other hand, CO2 emission and energy intensity
reduce G.G.E. The study results show that the listed companies’
performance would have a significant role in achieving the
Chinese government’s carbon neutrality goal. The study provides
policy recommendations to promote green governance performance
in China and other developing countries
Keywords
green governance; energy efficiency; research and development (R&D) investment; CO2 emission
Hrčak ID:
302955
URI
Publication date:
31.3.2023.
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