GX & Decarbonization Research

Xiaoling Yang, Mohd Rahimie Abd Karim, B. Abdullah

Using panel data from China's A-share listed companies from 2014 to 2023, this study empirically shows that AI significantly enhances corporate green competitiveness across strategy, innovation, and practices. The mechanisms include improve…

Ruochen Wu

Using data from Chinese A-share listed companies from 2010 to 2024, this study employs a fixed-effects model to examine the impact of ESG performance on corporate debt financing costs. Findings show that strong ESG performance significantly…

Wang Yujue, Nur Syazwani Mazlan

Using Chinese listed firm data from 2009-2022, this study employs a generalized DID approach to show that green credit interest subsidies significantly improve corporate environmental governance performance (GGP). The mechanism operates thr…

Xin-ying Cao, Ha Youngho

Using Chinese firm-level panel data from 2011-2024, this paper finds that green finance significantly promotes high-quality manufacturing development by easing corporate financing constraints. Environmental regulation positively moderates t…

Yanling Wang, Dongmin Kong, Mingli Xu

This paper uses the Paris Agreement as an exogenous shock to causally identify the impact of climate risk perception on cash holdings of Chinese firms. It finds that climate risk perception significantly increased cash reserves post-Paris. …

Eunice Taveng, A. Idun, K. D. Moro +1

This paper examines the relationship between green finance and environmental debt in OECD countries, focusing on how infrastructure investment influences sustainability outcomes. Empirical analysis suggests that green finance reduces enviro…

Sukma Febrianti, Mustaruddin Mustaruddin, Wendy Wendy

This study examines the effect of green finance and capital structure on firm value, with sustainability disclosure as a mediator, using Indonesian data. Findings show green finance positively affects firm value both directly and indirectly…

Qidong Zhang

This paper empirically analyzes how ESG rating disagreements affect corporate green loans. It finds that greater rating divergence leads to higher verification costs and reduced credibility, resulting in smaller loan amounts and lower inter…

Sejal Jaiswal, Sheetal Singh Kharwar

This conceptual paper argues that environmental responsibility is a core dimension of corporate social responsibility, using stakeholder, legitimacy, institutional, and sustainable finance theories. It proposes a framework linking environme…

A. Masum, Md. Abul Kalam Azad, Md. Tofael Ahmed Bhuiyan +1

This study proposes a framework combining a stacking ensemble of LightGBM, XGBoost, and MLPs with a novel Federated Dynamic Weighted Averaging (FedDWA) algorithm to address data heterogeneity, outliers, and privacy in ESG forecasting. Empir…

Minh Vinh Vo, Thuy Vi Le, Cao Ky Anh Dang +1

This paper investigates the impact of ESG-linked investment instruments (green financing and SRI) on profitability of publicly-owned enterprises in emerging markets. Using survey data from 385 respondents, regression analysis shows green fi…

Changchun Tan, Lingyu Mo, Jun Li +1

Using textual analysis of Chinese listed firms' annual reports, this study finds that higher-quality climate risk disclosure significantly lowers corporate debt financing costs. The effect operates through reduced information asymmetry, wit…

Ali Salem Ali Al-Marri

This study examines how Saudi Arabia's commercial contract law is evolving to support climate adaptation and low-carbon transition under Vision 2030. Through doctrinal analysis and 25 interviews, it finds that practitioners are adapting for…

Xiaodong Xu, Nan Huang, Ting Liang +2

This study uses Chinese provincial panel data to analyze the impact of the digital economy on carbon emission intensity in grain production. It finds that the digital economy directly reduces emissions and indirectly does so by promoting gr…

Binghong Lin, B. Li, Tao Zhang

This study uses Chinese A-share listed firms from 2014-2021 to examine how green institutional investors affect corporate ESG performance. Results show they promote ESG by easing financing constraints, enhancing green management, and improv…

Yu Cao, H. H. Mohd, F. Mohd +1

This study analyzes how corporate sustainability transition policy affects ESG performance in China, examining the mediating roles of green innovation and financing constraints.

Quan Zhang, Yichuan Wang, Le Zhu +1

Using panel data of Chinese A-share firms from 2012 to 2023, we find executives' digital attention positively associated with corporate sustainability performance. The effect is stronger for large firms, competitive players, and firms in ea…

Wei Wang, Yizhang Ye, Lei Qin +1

This study uses Chinese listed company data to examine how regional social financing structure affects corporate green innovation quantity and quality. It finds that a higher degree of marketization in financing structure increases both qua…

S. Khan, Mohd. Abass Bhat, C. Tiwari +2

This study surveys 290 Indian procurement experts to examine how Big Data Analytical Capabilities (BDAC) and Green Finance (GF) drive ESG performance. Results show BDAC significantly improves all ESG dimensions, especially environmental and…

Jessica Karina Fernández Salazar, Margarita del Milagro Chafloque Gonzales, Eduardo Ygnacio Arraya Celis

This systematic review analyzes the relationship between green finance and sustainable development based on 58 articles (2020-2024) using PRISMA methodology. It identifies four main barriers (regulatory, financial, technical, sociopolitical…