This paper presents empirical evidence on the effects of environmental regulation announcements on corporate performance in China when performance is proxied by stock returns. While some results indicate the effectiveness of environmental regulation, others point to the opposite. The perverse...

The Porter hypothesis holds that appropriate environmental regulation creates a win-win situation for the simultaneous, coordinated development of the environment and the economy in a certain locale. To open the black box of the Porter hypothesis in the Chinese context, this paper considers...

The chemical fertilizer industry has made great contributions to China's food security. Existing studies mainly focus on evaluating fertilizer use efficiency at the farm level whereas little is known about the technical efficiency of Chinese firms producing fertilizer. Based on the Chinese...