Asset Details
MbrlCatalogueTitleDetail
Do you wish to reserve the book?
![Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/generic/no-book-image.png)
Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?
by
Zhang, Yue-Jun
, Liu, Jing-Yue
in
Aviation
/ Carbon
/ Carbon emissions
/ Civil Engineering
/ Earth and Environmental Science
/ Earth Sciences
/ Economics
/ Electric industries
/ Emissions
/ Emissions control
/ Emissions trading
/ Energy consumption
/ Environmental Management
/ Geophysics/Geodesy
/ Geotechnical Engineering & Applied Earth Sciences
/ Heterogeneity
/ Hydrogeology
/ Industry
/ Markets
/ Metal industry
/ Metals
/ Natural Hazards
/ Nonferrous metals
/ Nonferrous metals industry
/ Organic chemistry
/ Original Paper
/ Policies
/ Profitability
/ Sustainable development
2019
![Hey, we have placed the reservation for you!](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/illustrations/modal-success.png)
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
You are currently in the queue to collect this book. You will be notified once it is your turn to collect the book.
![Oops! Something went wrong.](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/illustrations/modal-fail.png)
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
![](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/generic/no-book-image.png)
Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?
by
Zhang, Yue-Jun
, Liu, Jing-Yue
in
Aviation
/ Carbon
/ Carbon emissions
/ Civil Engineering
/ Earth and Environmental Science
/ Earth Sciences
/ Economics
/ Electric industries
/ Emissions
/ Emissions control
/ Emissions trading
/ Energy consumption
/ Environmental Management
/ Geophysics/Geodesy
/ Geotechnical Engineering & Applied Earth Sciences
/ Heterogeneity
/ Hydrogeology
/ Industry
/ Markets
/ Metal industry
/ Metals
/ Natural Hazards
/ Nonferrous metals
/ Nonferrous metals industry
/ Organic chemistry
/ Original Paper
/ Policies
/ Profitability
/ Sustainable development
2019
![Oops! Something went wrong.](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/illustrations/modal-fail.png)
Oops! Something went wrong.
While trying to remove the title from your shelf something went wrong :( Kindly try again later!
Do you wish to request the book?
![Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/generic/no-book-image.png)
Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?
by
Zhang, Yue-Jun
, Liu, Jing-Yue
in
Aviation
/ Carbon
/ Carbon emissions
/ Civil Engineering
/ Earth and Environmental Science
/ Earth Sciences
/ Economics
/ Electric industries
/ Emissions
/ Emissions control
/ Emissions trading
/ Energy consumption
/ Environmental Management
/ Geophysics/Geodesy
/ Geotechnical Engineering & Applied Earth Sciences
/ Heterogeneity
/ Hydrogeology
/ Industry
/ Markets
/ Metal industry
/ Metals
/ Natural Hazards
/ Nonferrous metals
/ Nonferrous metals industry
/ Organic chemistry
/ Original Paper
/ Policies
/ Profitability
/ Sustainable development
2019
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
![We have requested the book for you!](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/illustrations/modal-success.png)
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
![Oops! Something went wrong.](https://www.mbrl.ae/o/mbrl-theme/images/site-assets/illustrations/modal-fail.png)
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?
![Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?](https://syndetics.com/index.aspx?isbn=/mc.gif&issn=0921-030X&client=MBRL&type=mbrl)
Journal Article
Does carbon emissions trading affect the financial performance of high energy-consuming firms in China?
2019
Request now
and choose the collection method
Overview
Whether China’s carbon emissions trading (CET) has an impact on the financial performance of the market players of carbon trading, i.e., firms, is crucial to the sustainable development of national economy and carbon trading market. Based on the panel data of the listed firms in the seven high energy-consuming industries in China during 2010–2017, this paper uses the DID model to study the impact of CET on the firms’ financial performance. The empirical results show that the impact of CET on firms’ financial performance presents obvious industrial heterogeneity; CET policy reduces the financial performance of firms in the nonferrous metal industry but improves that in the power industry. In addition, with the implementation of CET policy, its impact on the financial performance of firms in the nonferrous metal and power industries is increasingly intensifying. Finally, there is a lag of 2–4 years on the impact of CET on the firms’ financial performance in the chemical, paper and aviation industries, and the effects change from negative to positive over time. That is, CET policy can hardly ensure that all firms are profitable in the short term, but there is still the possibility of profitability in the long term.
Publisher
Springer Netherlands,Springer Nature B.V
This website uses cookies to ensure you get the best experience on our website.