Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?

The Chinese government proposed the policy of the leading officials’ accountability audit of natural resources (AANR) in 2013 and launched pilot audits in some regions in 2014. In order to explore whether AANR reduces corporate environmental pollution, this paper validates the impact of AANR on corp...

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Main Authors: Dan Yu, Kewei Hu, Yugui Hao
Format: Article
Language:English
Published: Taylor & Francis Group 2024-12-01
Series:Carbon Management
Subjects:
Online Access:https://www.tandfonline.com/doi/10.1080/17583004.2024.2317282
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author Dan Yu
Kewei Hu
Yugui Hao
author_facet Dan Yu
Kewei Hu
Yugui Hao
author_sort Dan Yu
collection DOAJ
description The Chinese government proposed the policy of the leading officials’ accountability audit of natural resources (AANR) in 2013 and launched pilot audits in some regions in 2014. In order to explore whether AANR reduces corporate environmental pollution, this paper validates the impact of AANR on corporate emission reduction using a multi-period difference-in-difference (DID) method based on a sample of Chinese A-share heavy-polluting corporations from 2010 to 2017. The results indicated that AANR can significantly reduce corporate pollutant emissions, with legitimacy pressures and resource dependence playing a mediating role. Further research found that the AANR promoted emission reduction more strongly for large-sized corporations and political connection corporations, and more significantly for corporations with higher internal and external governance levels. Policy effects were more significant in regions with favorable economic growth and legalization. The above findings verify the effect of government audits on micro corporation pollution management, enrich the theoretical system of AANR research, and provide meaningful empirical evidence for AANR's further improvement.
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spelling doaj-art-bc3da89e6eb44b92b8087315cb22dd7b2025-08-20T02:39:25ZengTaylor & Francis GroupCarbon Management1758-30041758-30122024-12-0115110.1080/17583004.2024.2317282Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?Dan Yu0Kewei Hu1Yugui Hao2Jiyang College, Zhejiang A&F University, Zhuji, ChinaCollege of Economics and Management, Zhejiang A&F University, Hangzhou, ChinaCollege of Economics and Management, Zhejiang A&F University, Hangzhou, ChinaThe Chinese government proposed the policy of the leading officials’ accountability audit of natural resources (AANR) in 2013 and launched pilot audits in some regions in 2014. In order to explore whether AANR reduces corporate environmental pollution, this paper validates the impact of AANR on corporate emission reduction using a multi-period difference-in-difference (DID) method based on a sample of Chinese A-share heavy-polluting corporations from 2010 to 2017. The results indicated that AANR can significantly reduce corporate pollutant emissions, with legitimacy pressures and resource dependence playing a mediating role. Further research found that the AANR promoted emission reduction more strongly for large-sized corporations and political connection corporations, and more significantly for corporations with higher internal and external governance levels. Policy effects were more significant in regions with favorable economic growth and legalization. The above findings verify the effect of government audits on micro corporation pollution management, enrich the theoretical system of AANR research, and provide meaningful empirical evidence for AANR's further improvement.https://www.tandfonline.com/doi/10.1080/17583004.2024.2317282Leading official’s accountability audit of natural resourcesmicro corporationsemissions reductiongovernment audits
spellingShingle Dan Yu
Kewei Hu
Yugui Hao
Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?
Carbon Management
Leading official’s accountability audit of natural resources
micro corporations
emissions reduction
government audits
title Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?
title_full Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?
title_fullStr Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?
title_full_unstemmed Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?
title_short Can China’s leading officials’ accountability audit of natural resources policy promote corporate emissions reduction?
title_sort can china s leading officials accountability audit of natural resources policy promote corporate emissions reduction
topic Leading official’s accountability audit of natural resources
micro corporations
emissions reduction
government audits
url https://www.tandfonline.com/doi/10.1080/17583004.2024.2317282
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AT keweihu canchinasleadingofficialsaccountabilityauditofnaturalresourcespolicypromotecorporateemissionsreduction
AT yuguihao canchinasleadingofficialsaccountabilityauditofnaturalresourcespolicypromotecorporateemissionsreduction