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

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

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

Economics letters, October 2023, 2023-10-00, Volume: 231

Journal Article

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. •The social credit system reform pilots reduce corporate carbon emissions.•The transmission pathways including enterprises, governments, and the public.•We examined the heterogeneity of effects at enterprise and regional levels.

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

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