Financing Constraints and Environmental Performance: Management in Resource Constraint Settings

The majority of research examines the relationship between finance and environment empirically, but they lack a comprehensive theoretical framework. To shorten this gap, we develop an analytical framework dubbed “management in resource constraint settings” elucidate process constraints influencing environmental performance. We explore influence on performance China's enterprises, as well their possible mechanism, using financial data from A-share listed companies Shanghai Stock Exchange 2010 to 2019. Our findings suggest that can drastically reduce China’s firms’ performance, green management is viable channel. These discoveries are crucial for ecological civilization considerable economy coordinated manner.