{"id":"https://openalex.org/W4391147337","doi":"https://doi.org/10.1016/j.frl.2024.105029","title":"Greening your way to profits: Green strategies and green revenues","display_name":"Greening your way to profits: Green strategies and green revenues","publication_year":2024,"publication_date":"2024-01-23","ids":{"openalex":"https://openalex.org/W4391147337","doi":"https://doi.org/10.1016/j.frl.2024.105029"},"language":"en","primary_location":{"id":"doi:10.1016/j.frl.2024.105029","doi":"https://doi.org/10.1016/j.frl.2024.105029","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.frl.2024.105029","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance Research Letters","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.1016/j.frl.2024.105029","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5067295276","display_name":"Zijie Huang","orcid":"https://orcid.org/0009-0001-0394-4440","observed_orcids":["https://orcid.org/0009-0001-0394-4440"]},"institutions":[{"id":"https://openalex.org/I205640436","display_name":"Curtin University","ror":"https://ror.org/02n415q13","country_code":"AU","type":"education","lineage":["https://openalex.org/I205640436"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Zijie Huang","raw_affiliation_strings":["School of Accounting, Economics and Finance, Curtin University, Australia"],"raw_orcid":"https://orcid.org/0009-0001-0394-4440","affiliations":[{"raw_affiliation_string":"School of Accounting, Economics and Finance, Curtin University, Australia","institution_ids":["https://openalex.org/I205640436"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5088345498","display_name":"June Cao","orcid":"https://orcid.org/0000-0003-2981-4174","observed_orcids":["https://orcid.org/0000-0003-2981-4174"]},"institutions":[{"id":"https://openalex.org/I205640436","display_name":"Curtin University","ror":"https://ror.org/02n415q13","country_code":"AU","type":"education","lineage":["https://openalex.org/I205640436"]}],"countries":["AU"],"is_corresponding":true,"raw_author_name":"June Cao","raw_affiliation_strings":["School of Accounting, Economics and Finance, Curtin University, Australia"],"raw_orcid":"https://orcid.org/0000-0003-2981-4174","affiliations":[{"raw_affiliation_string":"School of Accounting, Economics and Finance, Curtin University, Australia","institution_ids":["https://openalex.org/I205640436"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5038744898","display_name":"Lei Pan","orcid":"https://orcid.org/0000-0002-1054-981X","observed_orcids":["https://orcid.org/0000-0002-1054-981X"]},"institutions":[{"id":"https://openalex.org/I205640436","display_name":"Curtin University","ror":"https://ror.org/02n415q13","country_code":"AU","type":"education","lineage":["https://openalex.org/I205640436"]},{"id":"https://openalex.org/I56590836","display_name":"Monash University","ror":"https://ror.org/02bfwt286","country_code":"AU","type":"education","lineage":["https://openalex.org/I56590836"]}],"countries":["AU"],"is_corresponding":false,"raw_author_name":"Lei Pan","raw_affiliation_strings":["Centre for Development Economics and Sustainability, Monash University, Australia","School of Accounting, Economics and Finance, Curtin University, Australia"],"raw_orcid":"https://orcid.org/0000-0002-1054-981X","affiliations":[{"raw_affiliation_string":"Centre for Development Economics and Sustainability, Monash University, Australia","institution_ids":["https://openalex.org/I56590836"]},{"raw_affiliation_string":"School of Accounting, Economics and Finance, Curtin University, Australia","institution_ids":["https://openalex.org/I205640436"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5088345498"],"corresponding_institution_ids":["https://openalex.org/I205640436"],"apc_list":{"value":3350,"currency":"USD","value_usd":3350},"apc_paid":{"value":3350,"currency":"USD","value_usd":3350},"fwci":13.7656,"has_fulltext":true,"cited_by_count":31,"citation_normalized_percentile":{"value":0.98498925,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":89,"max":100},"biblio":{"volume":"61","issue":null,"first_page":"105029","last_page":"105029"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10880","display_name":"Environmental Sustainability in Business","score":0.8647000193595886,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10880","display_name":"Environmental Sustainability in Business","score":0.8647000193595886,"subfield":{"id":"https://openalex.org/subfields/1406","display_name":"Marketing"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.10859999805688858,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13146","display_name":"Sustainable Finance and Green Bonds","score":0.012199999764561653,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/green-strategy","display_name":"green strategy","score":0.9079999923706055},{"id":"https://openalex.org/keywords/green-revenue","display_name":"green revenue","score":0.8040000200271606},{"id":"https://openalex.org/keywords/porter-hypothesis","display_name":"Porter hypothesis","score":0.7110000252723694},{"id":"https://openalex.org/keywords/emission-trading-scheme","display_name":"emission trading scheme","score":0.8939999938011169},{"id":"https://openalex.org/keywords/environmental-regulation","display_name":"environmental regulation","score":0.8669999837875366},{"id":"https://openalex.org/keywords/corporate-environmental-performance","display_name":"corporate environmental performance","score":0.6859999895095825},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.3540000021457672}],"concepts":[{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.7683889865875244},{"id":"https://openalex.org/C2778354632","wikidata":"https://www.wikidata.org/wiki/Q5604190","display_name":"Greening","level":2,"score":0.6462202072143555},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5399466156959534},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.5309312343597412},{"id":"https://openalex.org/C2778556080","wikidata":"https://www.wikidata.org/wiki/Q5603535","display_name":"Green growth","level":3,"score":0.49316996335983276},{"id":"https://openalex.org/C2993150066","wikidata":"https://www.wikidata.org/wiki/Q2491831","display_name":"Green innovation","level":2,"score":0.48528000712394714},{"id":"https://openalex.org/C21839126","wikidata":"https://www.wikidata.org/wiki/Q598188","display_name":"Green economy","level":3,"score":0.4665367901325226},{"id":"https://openalex.org/C2779530757","wikidata":"https://www.wikidata.org/wiki/Q1207505","display_name":"Quality (philosophy)","level":2,"score":0.4642423391342163},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.3852890729904175},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.36886292695999146},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3466527462005615},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.18681997060775757},{"id":"https://openalex.org/C552854447","wikidata":"https://www.wikidata.org/wiki/Q131201","display_name":"Sustainable development","level":2,"score":0.12356129288673401},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.09255006909370422},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.frl.2024.105029","doi":"https://doi.org/10.1016/j.frl.2024.105029","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.frl.2024.105029","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance Research Letters","raw_type":"journal-article"},{"id":"pmh:oai:espace.curtin.edu.au:20.500.11937/94243","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/20.500.11937/94243","pdf_url":"https://espace.curtin.edu.au/bitstream/20.500.11937/94243/2/94027.pdf","source":{"id":"https://openalex.org/S4306401790","display_name":"eSpace (Curtin University)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I205640436","host_organization_name":"Curtin University","host_organization_lineage":["https://openalex.org/I205640436"],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Journal Article"},{"id":"pmh:oai:eprints.soton.ac.uk:501351","doi":null,"is_oa":true,"landing_page_url":"http://doi.org/10.1016/j.frl.2024.105029>).","pdf_url":"https://eprints.soton.ac.uk/501351/1/30_Greening_your_way_to_profits-_Green_strategies_and_green_revenues.pdf","source":{"id":"https://openalex.org/S4306401019","display_name":"ePrints Soton (University of Southampton)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I43439940","host_organization_name":"University of Southampton","host_organization_lineage":["https://openalex.org/I43439940"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Article"},{"id":"pmh:oai:RePEc:eee:finlet:v:61:y:2024:i:c:s154461232400059x","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S154461232400059X","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":{"id":"doi:10.1016/j.frl.2024.105029","doi":"https://doi.org/10.1016/j.frl.2024.105029","is_oa":true,"landing_page_url":"https://doi.org/10.1016/j.frl.2024.105029","pdf_url":null,"source":{"id":"https://openalex.org/S88577320","display_name":"Finance research letters","issn_l":"1544-6123","issn":["1544-6123","1544-6131"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a","anvur-class-a","anvur-scientific","cwts-core","fnege-3","jufo-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":"cc-by-nc-nd","license_id":"https://openalex.org/licenses/cc-by-nc-nd","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Finance Research Letters","raw_type":"journal-article"},"sustainable_development_goals":[{"display_name":"Climate action","score":0.75,"id":"https://metadata.un.org/sdg/13"}],"study_designs":[],"awards":[{"id":"https://openalex.org/G5029426484","display_name":null,"funder_award_id":"23YJC630095","funder_id":"https://openalex.org/F4320321408","funder_display_name":"Ministry of Education"}],"funders":[{"id":"https://openalex.org/F4320320987","display_name":"Curtin University of Technology","ror":"https://ror.org/02n415q13"},{"id":"https://openalex.org/F4320321408","display_name":"Ministry of Education","ror":"https://ror.org/01p262204"},{"id":"https://openalex.org/F4320321410","display_name":"Jiangsu University","ror":"https://ror.org/03jc41j30"}],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":34,"referenced_works":["https://openalex.org/W1584858319","https://openalex.org/W1978371266","https://openalex.org/W1986684890","https://openalex.org/W2006769952","https://openalex.org/W2052802022","https://openalex.org/W2057184155","https://openalex.org/W2090841340","https://openalex.org/W2121266760","https://openalex.org/W2130042267","https://openalex.org/W2142831770","https://openalex.org/W2465587637","https://openalex.org/W2794229777","https://openalex.org/W2900494848","https://openalex.org/W3007466462","https://openalex.org/W3111870856","https://openalex.org/W3122812581","https://openalex.org/W3123822488","https://openalex.org/W3123989125","https://openalex.org/W3153066495","https://openalex.org/W3173695712","https://openalex.org/W3173751459","https://openalex.org/W3208458538","https://openalex.org/W4205282386","https://openalex.org/W4220670000","https://openalex.org/W4226432297","https://openalex.org/W4281698496","https://openalex.org/W4283748619","https://openalex.org/W4284964555","https://openalex.org/W4321438533","https://openalex.org/W4362605737","https://openalex.org/W4379135140","https://openalex.org/W4384207697","https://openalex.org/W4386898687","https://openalex.org/W4387246874"],"related_works":["https://openalex.org/W4409486488","https://openalex.org/W7140494452","https://openalex.org/W4391037851","https://openalex.org/W4402557336","https://openalex.org/W3193321107","https://openalex.org/W7164030998","https://openalex.org/W7160847115","https://openalex.org/W4416918126","https://openalex.org/W4318475202","https://openalex.org/W4313364515"],"abstract_inverted_index":{"We":[0],"examine":[1],"hot-debated":[2],"but":[3],"underexplored":[4],"questions":[5],"of":[6,35,87],"whether":[7],"and":[8,63,75,84],"how":[9],"green":[10,14,25,30,54,57,61],"strategies":[11,26,55],"affect":[12],"corporate":[13,29],"revenues.":[15],"Using":[16],"a":[17],"generalized":[18],"Difference-in-Differences":[19],"(DiD)":[20],"framework,":[21],"we":[22],"find":[23],"that":[24,53],"significantly":[27],"enhance":[28],"revenues":[31,58],"in":[32],"the":[33,46,81],"presence":[34],"China's":[36],"Emission":[37],"Trading":[38],"Scheme":[39],"(ETS)":[40],"pilot.":[41],"This":[42,68],"is":[43],"consistent":[44],"with":[45],"Porter":[47],"Hypothesis.":[48],"Our":[49],"mechanism":[50],"analyses":[51],"document":[52],"increase":[56],"by":[59],"improving":[60],"quality":[62],"catalyzing":[64],"environmentally":[65],"friendly":[66],"transformation.":[67],"study":[69],"has":[70],"important":[71],"implications":[72],"for":[73],"policymakers":[74],"practitioners,":[76],"offering":[77],"new":[78],"insights":[79],"into":[80],"intended":[82],"consequences":[83],"real":[85],"outcomes":[86],"environmental":[88],"regulations.":[89]},"counts_by_year":[{"year":2026,"cited_by_count":16},{"year":2025,"cited_by_count":12},{"year":2024,"cited_by_count":2},{"year":2022,"cited_by_count":1}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2024-01-24T00:00:00"}