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Corporate resilience, economic policy uncertainty, and corporate carbon emissions

Author

Listed:
  • Shi, Chao
  • Cui, Xinghua
  • Li, Xingwang
  • Xu, Ning
  • Niu, Zongling

Abstract

This study examines the carbon emission reduction effect of enterprise resilience, and further explores the mitigation effect of external economic policy uncertainty on carbon emission reduction effects. The study findings are as follows: (1) Firstly, the enhancement of enterprise resilience significantly promotes carbon emission reduction, a result that holds true even after undergoing multidimensional robustness tests. (2) Secondly, this research conclusion varies depending on factors such as company ownership, industry pollution type, industry factor intensity, city size, urban location, and urban resource attributes. (3) Thirdly, the viability of enterprises, level of green innovation, and total factor productivity are three key pathways. (4) Lastly, further analysis reveals that economic policy uncertainty indeed weakens the carbon emissions reduction effect of enterprise resilience, with fiscal policy uncertainty.

Suggested Citation

  • Shi, Chao & Cui, Xinghua & Li, Xingwang & Xu, Ning & Niu, Zongling, 2025. "Corporate resilience, economic policy uncertainty, and corporate carbon emissions," Finance Research Letters, Elsevier, vol. 86(PD).
    • Handle: RePEc:eee:finlet:v:86:y:2025:i:pd:s1544612325018902
    DOI: 10.1016/j.frl.2025.108636
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    References listed on IDEAS

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