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Role of R&D investments and air quality in green governance efficiency

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  • 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.

Suggested Citation

  • Linhai Zhao & Farhad Taghizadeh-Hesary, 2022. "Role of R&D investments and air quality in green governance efficiency," Economic Research-Ekonomska Istraživanja, Taylor & Francis Journals, vol. 35(1), pages 5895-5906, December.
    • Handle: RePEc:taf:reroxx:v:35:y:2022:i:1:p:5895-5906
    DOI: 10.1080/1331677X.2022.2039877
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    Cited by:

    1. Lifang Guo & Hewu Kuang & Zehua Ni, 2023. "A step towards green economic policy framework: role of renewable energy and climate risk for green economic recovery," Economic Change and Restructuring, Springer, vol. 56(5), pages 3095-3115, October.
    2. Wang, Yunqiao & Han, Liangliang & Sun, Jiaqi & Sun, Zheyu, 2024. "Financing the green transition: Mobilizing resources for efficient natural resource management," Resources Policy, Elsevier, vol. 89(C).

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