Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Egg-Timer: Biodiversity, Health and Sustainability Policy Location: D-106 Session Chair: Roberto Kimura, The Ohio State University | |
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Bridging the corporate biodiversity attention-behavior gap: The role of external governance Sapienza University of Rome, Italy Despite the growing attention to biodiversity losses across the world, there are considerable concerns of whether this leads to actual behavior for protection. Using a sample of Chinese listed firms from 2008 to 2023, this paper firstly demonstrates a clear biodiversity attention–behavior gap. This gap has been narrowing in recent years, which is arguably due to the changing external environment. Using the adoption of the Kunming Declaration in 2021 as a quasi-natural experiment, we show that the biodiversity-sensitive firms exhibit stronger responses and engage more actively in environmental protection investment. Further analyses explore the role of external governance, at the government, public, and investor levels, in the attention-behavior relationship. Results confirm that the enhancement of external governance against biodiversity challenges can help bridging the gap. Overall, our results highlight the importance of government enforcements and public awareness in driving corporate eco-friendly actions and avoiding potential greenwashing. | |