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Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model
This study addresses the issues of Greenhouse Gas Emission and corporate social responsibility of firms in USA. This paper estimates various econometrics estimations varying from multivariate regression, static panel modes and dynamic panel models. Finally, to control the endogeneity problem dynamic...
Autores principales: | , , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
Elsevier
2023
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9988493/ https://www.ncbi.nlm.nih.gov/pubmed/36895412 http://dx.doi.org/10.1016/j.heliyon.2023.e13979 |
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author | Ahmad, Khaleeq Irshad Younas, Zahid Manzoor, Wajiha Safdar, Nabeel |
author_facet | Ahmad, Khaleeq Irshad Younas, Zahid Manzoor, Wajiha Safdar, Nabeel |
author_sort | Ahmad, Khaleeq |
collection | PubMed |
description | This study addresses the issues of Greenhouse Gas Emission and corporate social responsibility of firms in USA. This paper estimates various econometrics estimations varying from multivariate regression, static panel modes and dynamic panel models. Finally, to control the endogeneity problem dynamic panel model is preferred to capture the relationship of greenhouse gas emissions and corporate social responsibility. The result of the study shows a positive and significant relationship between greenhouse gas emission and corporate social responsibility. Further, it is also observed that firms with better corporate social responsibility performance can reduce greenhouse gas emissions. This is the first research that attempts to explore two-way relationships between greenhouse gas emission and corporate social responsibility by using various estimation techniques varying from multivariate, OLS to dynamic panel GMM. From a policy point of view, corporate social responsibility plays an important role in managing and reducing greenhouse gas emissions, ultimately creating a secure environment for all parties while improving business performance. Policymakers should create policies to control greenhouse gas emissions and enhance corporate social responsibility. |
format | Online Article Text |
id | pubmed-9988493 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2023 |
publisher | Elsevier |
record_format | MEDLINE/PubMed |
spelling | pubmed-99884932023-03-08 Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model Ahmad, Khaleeq Irshad Younas, Zahid Manzoor, Wajiha Safdar, Nabeel Heliyon Research Article This study addresses the issues of Greenhouse Gas Emission and corporate social responsibility of firms in USA. This paper estimates various econometrics estimations varying from multivariate regression, static panel modes and dynamic panel models. Finally, to control the endogeneity problem dynamic panel model is preferred to capture the relationship of greenhouse gas emissions and corporate social responsibility. The result of the study shows a positive and significant relationship between greenhouse gas emission and corporate social responsibility. Further, it is also observed that firms with better corporate social responsibility performance can reduce greenhouse gas emissions. This is the first research that attempts to explore two-way relationships between greenhouse gas emission and corporate social responsibility by using various estimation techniques varying from multivariate, OLS to dynamic panel GMM. From a policy point of view, corporate social responsibility plays an important role in managing and reducing greenhouse gas emissions, ultimately creating a secure environment for all parties while improving business performance. Policymakers should create policies to control greenhouse gas emissions and enhance corporate social responsibility. Elsevier 2023-02-22 /pmc/articles/PMC9988493/ /pubmed/36895412 http://dx.doi.org/10.1016/j.heliyon.2023.e13979 Text en © 2023 The Authors https://creativecommons.org/licenses/by-nc-nd/4.0/This is an open access article under the CC BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/). |
spellingShingle | Research Article Ahmad, Khaleeq Irshad Younas, Zahid Manzoor, Wajiha Safdar, Nabeel Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
title | Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
title_full | Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
title_fullStr | Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
title_full_unstemmed | Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
title_short | Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
title_sort | greenhouse gas emissions and corporate social responsibility in usa: a comprehensive study using dynamic panel model |
topic | Research Article |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9988493/ https://www.ncbi.nlm.nih.gov/pubmed/36895412 http://dx.doi.org/10.1016/j.heliyon.2023.e13979 |
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