Do companies influenced by smart cities pay more attention to green governance?Mechanism and optimal spatial correlation

Smart cities are a way for China to construct an innovative and environmentally conscious nation.The paper examines the impact of smart cities on corporate green governance and provides a theoretical foundation for formulating and executing smart city policy in China.Based on panel data from Chinese A-share listed companies in Shanghai and Shenzhen from 2008 to 2020,this study constructs a multiperiod double-difference model to examine the influence of smart cities on corporate green governance.Additionally,it uses a spatial double-difference model to investigate the spatial spillover effect of smart cities on neighboring areas.The findings indicate that smart cities effectively enhance corporate green governance.Analyzing the influencing mechanisms reveals that resource allocation efficiency,technological innovation,management environmental awareness,and regional environmental enforcement efforts act as mediators.Furthermore,the study reveals that the impact of smart cities on promoting corporate green governance is more pronounced in regions with lower levels of marketization and resource-based cities.Moreover,the research explores the spatial spillover effects of smart cities,with an effective radius of approximately 350 km.The optimal spatial correlation zone for green governance of businesses in neighboring areas in relation to smart cities is within a range of 250-350 km.This is manifested by the significant promotion of green governance in neighboring area businesses facilitated by smart cities.

Does green governance affect financing constraints?Evidence from China's heavily polluting enterprises

Given the increasing focus on global sustainable development, many enterprises in developing countries such as China participate in green governance and scale up their green investment;however, many enterprises still experience financing difficulties. Our study investigates whether green governance can mitigate corporate financing constraints. Using a sample of Chinese, A-share listed, high-pollution enterprises from 2013 to 2018, we find that corporate green governance practices, including environmental performance and information disclosure, ease corporate financing constraints. This effect is pronounced in areas with high levels of financial development and for stateowned enterprises. This paper not only proposes a channel for alleviating enterprises’ financing constraints but also reveals the importance of industrial transformation and emissions reduction for energy-intensive industries in emerging markets.

An Approach to the Construction of Green Infrastructure and Green Spatial Governance for a City

There is a substantial significance to construct city green spaces for improvement of the city environment and ecological function. The conservation of city green space includes a sound plan of green space and the non-statutory parks and green open space, which are open spaces of both public and private land to be greened, they both become the basis for constructing an ecological green network of great city environment. To manipulate cross-sectoral integration, the city greening practice performs effective implementation. The main objective of an approach is to perform the governance indices of green spaces by expert questionnaire and then draft the greening strategies for Taipei city to improve the green landscape and the quality of city environment. The research draws on the green infrastructure and green ecological network system, analyzes the green ecological resources and the characteristic and structure of city spaces in Taipei city, in the meanwhile, learns the domestic and international experiences of greening development. By means of city green space of activation transformation and program of action under greening performance, Taipei city promotes the green image and the quality of city environment and green city landscape.

Green Development and Integrated Risk Governance

The‘‘International Symposium on Integrated Governance of Large-scale Disaster and Economic Risks’’was held in Qianhai,Shenzhen,China on 13–14 May 2017.The Academy of Disaster Reduction and Emergency Management of Ministry of Civil Affairs and Ministry of Educa-