IDEAS home Printed from https://ideas.repec.org/h/spr/advbcp/978-94-6463-811-0_97.html

Exploring the Nexus between Corporate Greenwashing, Pay Disparities, and Fixed Asset Ratios in Chinese Firms amidst Emerging ESG Frameworks

In: Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025)

Author

Listed:
  • Borui Hu

    (Shantou University, School of Business)

Abstract

This study investigates the relationship between corporate greenwashing behaviors and salary disparities within Chinese A-share listed companies, utilizing panel regression models for empirical analysis on data spanning from 2012 to 2023. Furthermore, it examines how the nature of enterprises, industry characteristics, and shareholder ownership ratios influence this relationship, while also exploring the moderating role of fixed asset ratios. The findings reveal that greenwashing significantly exacerbates the salary gap, particularly within state-owned enterprises and those with low ownership concentration among major shareholders. Conversely, in heavily polluting industries, the impact of greenwashing on the salary gap is not statistically significant. Rigorous oversight and control by major shareholders with substantial ownership stakes can effectively mitigate the adverse effects of greenwashing on salary disparities. Moreover, the proportion of fixed assets exerts a negative moderating influence on the correlation between greenwashing and the salary gap, suggesting that firms with high fixed asset ratios adopt a more prudent approach to long-term resource allocation. This research contributes to the academic literature by addressing the influence of corporate greenwashing on employee salary disparities, elucidating the heterogeneous effects of greenwashing across different enterprise types, and providing empirical support for enhancing China's environmental governance legal framework and developing a multidimensional ESG evaluation system to foster sustainable corporate development.

Suggested Citation

  • Borui Hu, 2025. "Exploring the Nexus between Corporate Greenwashing, Pay Disparities, and Fixed Asset Ratios in Chinese Firms amidst Emerging ESG Frameworks," Advances in Economics, Business and Management Research, in: Prasad Siba Borah & Norhayati Zakuan & Nazimah Hussin & Azlina Binti Md Yassin (ed.), Proceedings of the 2025 5th International Conference on Enterprise Management and Economic Development (ICEMED 2025), pages 886-900, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-811-0_97
    DOI: 10.2991/978-94-6463-811-0_97
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a
    for a similarly titled item that would be available.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:advbcp:978-94-6463-811-0_97. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.