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Environmental regulation and enterprise employment creation: A quasi-natural experiment based on the implementation of the new environmental protection law

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  • Ren, Yuning
  • Liu, Kunlun

Abstract

This paper empirically tests the effects of environmental regulations implemented under the new Environmental Protection Law. The findings indicate that, among heavily polluting listed companies, a quasi-natural experiment based on the new Environmental Protection Law can promote the employment creation effects of enterprises. Moreover, heterogeneity analysis suggests that this is primarily observed in state-owned enterprises and those located in the eastern part of the country. This study provides significant empirical evidence for the factors affecting enterprise employment creation and contributes a fresh perspective to the field.

Suggested Citation

  • Ren, Yuning & Liu, Kunlun, 2024. "Environmental regulation and enterprise employment creation: A quasi-natural experiment based on the implementation of the new environmental protection law," Finance Research Letters, Elsevier, vol. 66(C).
    • Handle: RePEc:eee:finlet:v:66:y:2024:i:c:s1544612324006172
    DOI: 10.1016/j.frl.2024.105587
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    References listed on IDEAS

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    1. Wang, Qian & Wang, Jun & Gao, Feng, 2021. "Who is more important, parents or children? Economic and environmental factors and health insurance purchase," The North American Journal of Economics and Finance, Elsevier, vol. 58(C).
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    4. Hondo, Hiroki & Moriizumi, Yue, 2017. "Employment creation potential of renewable power generation technologies: A life cycle approach," Renewable and Sustainable Energy Reviews, Elsevier, vol. 79(C), pages 128-136.
    5. Yao, Wenyun & Zhang, Yi & Ma, Jingwen & Cui, Guanghui, 2023. "Does environmental regulation affect capital-labor ratio of manufacturing enterprises: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 86(C).
    6. Zhang, Dongyang, 2022. "Environmental regulation, green innovation, and export product quality: What is the role of greenwashing?," International Review of Financial Analysis, Elsevier, vol. 83(C).
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    Cited by:

    1. Zhang, Cheng & He, Ping & Zhou, Zhongsheng, 2024. "Environmental regulation, digital transformation, and corporate ESG performance: Evidence from the implementation of China's NEPL," Finance Research Letters, Elsevier, vol. 69(PA).

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