| Title |
Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
| ID_Doc |
77545 |
| Authors |
Ahmad, K; Younas, ZI; Manzoor, W; Safdar, N |
| Title |
Greenhouse gas emissions and corporate social responsibility in USA: A comprehensive study using dynamic panel model |
| Year |
2023 |
| Published |
Heliyon, 9, 3 |
| DOI |
10.1016/j.heliyon.2023.e13979 |
| Abstract |
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. |
| Author Keywords |
Greenhouse gas; Corporate social responsibility; Greenhouse gas emission; Firm size; Generalized method of moments |
| Index Keywords |
Index Keywords |
| Document Type |
Other |
| Open Access |
Open Access |
| Source |
Science Citation Index Expanded (SCI-EXPANDED) |
| EID |
WOS:000973555200001 |
| WoS Category |
Multidisciplinary Sciences |
| Research Area |
Science & Technology - Other Topics |
| PDF |
https://doi.org/10.1016/j.heliyon.2023.e13979
|