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Normative institutional pressures and corporate green development: evidence from a quantile regression approach

Author

Listed:
  • Fahad Khalid

    (Guilin University of Electronic Technology)

  • Petru Curseu

    (UBB - Babes-Bolyai University [Cluj-Napoca])

  • Mohit Srivastava

    (Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School)

  • Xinhui Sun

    (University of International Business and Economics [Beijing, China])

  • Cosmina Voinea

    (Open University of the Netherlands [Heerlen])

Abstract

This study explores the often-overlooked role of environmental non-governmental organizations (ENGOs) as catalysts for sustainable practices; it unravels the impact of normative institutional pressures (NIPs) on corporate green investment (CGI). By employing the innovative panel quantile regression (PQR) methodology, this research goes beyond conventional approaches to shed light on the non-monotonic association between NIPs and corporate green investment (CGI) among Chinese listed companies (2009 − 2019). Research findings contribute to the literature on institutional forces and corporate environmental sustainability practices. Meanwhile, policymakers may consider developing frameworks that encourage partnerships, knowledge-sharing, and joint initiatives between the corporate sector and ENGOs.

Suggested Citation

  • Fahad Khalid & Petru Curseu & Mohit Srivastava & Xinhui Sun & Cosmina Voinea, 2024. "Normative institutional pressures and corporate green development: evidence from a quantile regression approach," Post-Print hal-04973836, HAL.
    • Handle: RePEc:hal:journl:hal-04973836
    DOI: 10.1080/13504851.2024.2334441
    as

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