📈 economics

Central Environmental Protection Inspections, Corporate ESG Performance, and Green Transition: New Evidence from Nighttime Light Data, 2012–2025

Using nighttime light data and a difference-in-differences design on 695 Chinese listed firms from 2012 to 2025, this study demonstrates that Central Environmental Protection Inspections causally enhance corporate ESG performance and green innovation through increased investment and eased financing constraints, though these effects exhibit an inverted-U trajectory and diminishing marginal returns over time.

Jiawei Ma, LAN Juping2026-10-15
📈 economics

Digital M&A, R&D leapfrogging, and new quality productive forces: quasi-experimental evidence from China’s listed firms

Using quasi-experimental evidence from Chinese listed firms, this study demonstrates that digital mergers and acquisitions significantly enhance new quality productive forces by facilitating R&D leapfrogging and shifting patenting into new technological domains, provided the technological distance between acquirer and target remains within an optimal range to avoid integration traps.

Jiawei Ma2026-10-15
📈 economics

Renewable Energy Transition and Environmental Sustainability for Micro, Small and Medium Scale Enterprises in West Africa

This systematic literature review, grounded in the resource-based view, concludes that transitioning to renewable energy significantly enhances the performance and environmental sustainability of Micro, Small, and Medium Enterprises in West Africa by addressing energy justice and social equity, while recommending policy and financial interventions to accelerate adoption.

Olusegun Suleiman, Peter Mayowa Olumoyegun, Edward Taiye Onyambayi, Robert Eboh Hinson, Zekeri Ochidi, Kazeem Audu, Bank (…)2026-10-15