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April 12, 2026Accounting and Finance0 citations

Pro‐Environmental Behaviour and Corporate Green Performance: How Local Environmental Behaviour Shape Firm Sustainability in China

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SJShaoyan JiangYWYufen WeiJWJunyi Wang

Key Points

  • This research investigates the relationship between public pro-environmental behaviour and corporate green performance in China.
  • Constructed city-level measurement of public pro-environmental behaviour using Ant Forest data.
  • Analyzed performance of Chinese listed firms from 2018 to 2019.
  • Examined the influence of local behaviours on corporate sustainability and innovation.
  • Public pro-environmental behaviour significantly enhances corporate green performance.
  • Larger companies and those with less pollution benefit more from public environmental behaviour.
  • In cities with strong pro-environmental behaviour, corporate improvements support green innovation.

Abstract

ABSTRACT This paper examines how public pro‐environmental behaviour influences corporate green performance. We construct a unique city‐level measurement of public pro‐environmental behaviour using the dataset from Ant Forest, an online welfare project by Alipay that encourages users to adopt low‐carbon behaviours. Based on a sample of Chinese listed firms from 2018 to 2019, this paper finds that public pro‐environmental behaviour has a significant influence on corporate green performance, and this impact is more pronounced in larger companies, those with less heavy pollution and those with political connections. Public pro‐environmental behaviour promotes corporate green performance by increasing government attention to environmental protection. Additionally, in cities with strong pro‐environmental behaviour, improvements in corporate green performance facilitate green innovation among enterprises, enhancing their green innovation performance. Overall, our findings offer new insights into how public pro‐environmental perceptions influence firm‐level sustainability practices.

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Cite This Study

Jiang et al. (2026) studied this question.

synapsesocial.com/papers/69db37044fe01fead37c4f86https://doi.org/10.1111/acfi.70215
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