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How does social credit system constructions affect corporate carbon emissions? Empirical evidence from Chinese listed companies

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  • Cui, Xinghua
  • Xu, Ning
  • Yan, Xiangwu
  • Zhang, Wenjie

Abstract

This paper investigates the impact of social credit system reform pilots on corporate carbon emissions adopting a quasi-natural experimental approach. We find that the implementation of social credit system reform pilots has a statistically significant impact on reducing corporate carbon emissions.

Suggested Citation

  • Cui, Xinghua & Xu, Ning & Yan, Xiangwu & Zhang, Wenjie, 2023. "How does social credit system constructions affect corporate carbon emissions? Empirical evidence from Chinese listed companies," Economics Letters, Elsevier, vol. 231(C).
    • Handle: RePEc:eee:ecolet:v:231:y:2023:i:c:s0165176523003348
    DOI: 10.1016/j.econlet.2023.111309
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    References listed on IDEAS

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    5. Hu, Shan & Yu, Yongze & Fei, Qingyu, 2023. "Social credit and patent quality: Evidence from China," Journal of Asian Economics, Elsevier, vol. 84(C).
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    Citations

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    Cited by:

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    4. Guo, Chenhao & Zhang, Sirui & Chen, Sian, 2024. "Does carbon risk travel along the supply chain? Evidence from corporate default risk," Economics Letters, Elsevier, vol. 236(C).
    5. Guo, Shulong & Wang, Yongqiang & Liu, Yubin, 2025. "How social credit affects enterprise innovation: Evidence from the development of China's social credit system," Technological Forecasting and Social Change, Elsevier, vol. 213(C).
    6. Lyu, Hengyu & Ma, Chunai & Arash, Farnoosh, 2024. "Central environmental protection inspection, green technology innovation and carbon intensity of industrial enterprises – Empirical research based on multi-period differences-in-differences model," Energy, Elsevier, vol. 307(C).
    7. Gu, Zhouyi & Chen, Xihui & Parziale, Anna & Tang, Zhuoyuan, 2024. "Evaluation of primary-level credit environment, indicator system and empirical analysis: A case study of credit construction in China county and district," Evaluation and Program Planning, Elsevier, vol. 104(C).
    8. Chen, Jinyu & Fan, Yirui & Yang, Yan & Tang, Ying, 2025. "Carbon risk and technological mergers and acquisitions(M&A):The perspective of institutional pressures," Energy Economics, Elsevier, vol. 143(C).
    9. Zhang, Zhenhua & Zhang, Yunpeng & Wu, Huangbin & Song, Shunfeng & Pan, Yuxi & Feng, Yanchao, 2024. "Dual effects of automation on economy and environment: Evidence from A-share listed enterprises in China," China Economic Review, Elsevier, vol. 88(C).
    10. Zhang, Yunhan & Zhao, Yu & Zheng, Qian, 2024. "Managerial climate attention and corporate carbon emissions: Sincerity or disguise？," International Review of Economics & Finance, Elsevier, vol. 94(C).
    11. Du, Jiangze & Li, Zhiwei & Shi, Guoping & Wang, Bin, 2024. "Can “environmental protection fee to tax” reduce carbon emissions? Evidence from China," Finance Research Letters, Elsevier, vol. 62(PB).

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