The Impact of the “Belt and Road” Initiative on Accounting Conservatism of Energy-Intensive Enterprises under the Low-Carbon Background

Tingting Liu; Kai Gao; Sajid Anwar

doi:10.1155/2022/4239939

Back

Journal article

Open access

Peer reviewed

The Impact of the “Belt and Road” Initiative on Accounting Conservatism of Energy-Intensive Enterprises under the Low-Carbon Background

Tingting Liu, Kai Gao and Sajid Anwar

Journal of Environmental and Public Health, Vol.2022, pp.1-15

2022

DOI: https://doi.org/10.1155/2022/4239939

PMCID: PMC9328970

PMID: 35910749

Files and links (2)

pdf

The Impact of the “Belt and Road” Initiative on Accounting Conservatism of Energy-Intensive Enterprises under the Low-Carbon Background575.53 kBDownload View

Published VersionCC BY V4.0, Open Access

url

https://doi.org/10.1155/2022/4239939View

Published Version

Abstract

In recent years, the “Belt and Road” Initiative (BRI) has paid more and more attention to practicing the concept of green development. The concept of green development in the BRI will help promote the active response to climate change in the regions along the route and maintain global ecological security and is of great significance to the green transformation and development of energy-intensive enterprises. Using company-level data from China over the 2011–2020 period, we provide a comprehensive analysis of the impact of the BRI on energy-intensive enterprise accounting conservatism. We find that BRI has decreased the energy-intensive enterprise accounting conservatism, and this result continues to hold after a series of robustness tests. We also examine the effect of the RBI on accounting conservatism across company types and ages and find that the BRI is beneficial to energy-intensive state-owned enterprises (SOEs) and young companies. Furthermore, analysis reveals that BRI changes the accounting conservatism of energy-intensive enterprises mainly through debt financing, tax burden, and legal environment channels.

Details

Title: The Impact of the “Belt and Road” Initiative on Accounting Conservatism of Energy-Intensive Enterprises under the Low-Carbon Background
Authors: Tingting Liu (Author) - School of International Trade and EconomicsShanghai Lixin University of Finance and AccountingShanghaiChina
Kai Gao (Author) - Shanghai University
Sajid Anwar (Author) - University of the Sunshine Coast, Queensland, School of Business and Creative Industries
Publication details: Journal of Environmental and Public Health, Vol.2022, pp.1-15
Publisher: Hindawi Limited
Date published: 2022
DOI: 10.1155/2022/4239939
ISSN: 1687-9813; 1687-9805
PMID: 35910749; PMC9328970
Copyright note: Copyright © 2022 Tingting Liu et al. This is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Organisation Unit: School of Business and Creative Industries; Indigenous and Transcultural Research Centre; University of the Sunshine Coast, Queensland
Language: English
Record Identifier: 99659496602621
Output Type: Journal article

Metrics

212 File views/ downloads

64 Record Views

InCites Highlights

These are selected metrics from InCites Benchmarking & Analytics tool, related to this output

Collaboration types: Domestic collaboration; International collaboration
Web Of Science research areas: Public, Environmental & Occupational Health