Marketing carbon offset credits generated by urban forest projects could help cities and local governments achieve their financial self-sufficiency and environmental sustainability goals. Understanding the value of carbon credits sourced from urban forests, and the factors that determine buyers’ willingness to pay a premium for such credits could benefit cities in strategically marketing carbon...

This study investigates the substitution financing effect of suppliers’ trade credit on customers’ trade-credit using Chinese listed firms from 2009 to 2018. Results verify credit, indicating that with higher have lower credit. Moreover, substitutes by alleviating constraints. Customer concentration weakens relation. Finally, bank is more pronounced than As exogenous policy shock, capital marke...

This paper investigates the effect of tax policy on productivity in Taiwanese manufacturing firms for the period 2001 to 2008. We first adopt the dynamic random effect (RE) probit model to analyze the determinants of a firm’s decision as to whether or not to apply for tax credits. The results show that the causal effect from past tax credits usage to current tax credits usage exists across indu...

This paper proposes a framework for assessing credits trading mechanisms for corporate social responsibility (CSR). The motivation to structure this framework derives from contemporary market-based mechanisms of emissions trading (or carbon/credits/offsets) and renewable energy credits (RECs). However, the framework proposed herein moves beyond existing forms of credits trading mechanisms that ...