Chen, J. orcid.org/0000-0002-4076-7121, Jing, C., Keasey, K. et al. (1 more author) (Accepted: 2025) Government Procurement and Corporate Environmental Policies. Journal of Financial and Quantitative Analysis. ISSN: 0022-1090 (In Press)
Abstract
We investigate how the government, as a customer, affects a supplier’s environmental policies. We find that government contractors have significantly lower levels of toxic pollution. Exploring the mechanisms, we show that government contractors reduce pollution by strengthening internal environmental governance and increasing investments in pollution abatement. Further analysis rules out alternative explanations related to reduced economic activities and financial constraints. Overall, our results highlight the important role of the government in disciplining corporate environmental misbehavior.
Metadata
Item Type: | Article |
---|---|
Authors/Creators: |
|
Copyright, Publisher and Additional Information: | This is an author produced version of an article accepted for publication in the Journal of Financial and Quantitative Analysis, made available under the terms of the Creative Commons Attribution License (CC-BY), which permits unrestricted use, distribution and reproduction in any medium, provided the original work is properly cited. |
Keywords: | federal government procurement, corporate environmental policies, toxic emissions, pollution abatement |
Dates: |
|
Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 06 Aug 2025 12:03 |
Last Modified: | 06 Aug 2025 12:03 |
Status: | In Press |
Publisher: | Cambridge University Press |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:230060 |