Please use this identifier to cite or link to this item:
http://nopr.niscpr.res.in/handle/123456789/44806| Title: | The Effects of Environmental Regulation and Financial Constraints on Corporate R&D Investment in China |
| Authors: | Li, Hang He, Feng Shao, Yanmin Chen, Lili |
| Keywords: | Environmental Regulations;Financial Constraints;R&D Investment;Mediating Effect |
| Issue Date: | Aug-2018 |
| Publisher: | NISCAIR-CSIR, India |
| Abstract: | Based on a panel dataset of non-financial listed firms during 2007–2014 in China, we examine both independent and combined effects of environmental regulations and financial constraints on corporate R&D investment. In addition, we uncover the underlying mechanism of how both indicators affect R&D investment through three financing sources. The results show that: (1) Environmental regulations can significantly promote R&D investment, while financial constraints have the opposite effects. (2) Among the three financing sources, environmental regulations promote R&D investment only by internal financing, while financial constraints inhibit R&D investment by all three financing sources. |
| Page(s): | 442-446 |
| ISSN: | 0975-1084 (Online); 0022-4456 (Print) |
| Appears in Collections: | JSIR Vol.77(08) [August 2018] |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| JSIR 77(8) 442-446.pdf | 450.59 kB | Adobe PDF | View/Open |
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