1. OSCM Publications
  2. Volume 19, Issue 3, 2026
  3. Stimulating Green Investment Behaviors for Enterprises at the End of the Value Chain in China

Stimulating Green Investment Behaviors for Enterprises at the End of the Value Chain in China

Author(s):

  • Xianyou Pan (School of Economics and Management, Shanghai University of Electric Power, Shanghai, China, Marxism Research Institute, Shanghai University of Electric Power, Shanghai, China)
  • Jiajia Ma (School of Economics and Management, Shanghai University of Electric Power, Shanghai, China)
  • Yalin Shu (School of Management, Beijing Institute of Technology, Beijing, China)
Volume: 19 Issue: 3 Publication Year: 2026 Page: 576-591 Available Online: 15 May 2026 DOI: 10.31387/oscm0660539
Full PDF
.BIB APA
Abstract:
Enhancing the green investment (GI) behaviors and leveraging the synergies between enterprises at different value-chain (VC) positions are important guarantees for addressing climate risks and avoiding green overcapacity in developing country. Based on the sample includes 1918 Shanghai and Shenzhen A-share listed companies in China, this paper provides a specific analysis of the impact of VC position on GI. Further, it explores the formation mechanism of differentiated GI effects across different VC positions in terms of internal drivers and external conditions. Using one-way ANOVA and regression analysis, we reveal how the disparity in GI is shaped by key mechanism factors. Overall, the increase of VC position significantly promotes the enterprise GI. The differences of enterprise GI in different VC positions are influenced by factors such as the executive green cognition, the technological innovation ability, the non-controlling shareholders exit threat, and market competition. Specifically, enterprises in high VC positions have stronger GI due to stronger executive green cognition and technological innovation ability, and weaker exit threat and market competition than those of enterprises in low VC positions. Based on the above conclusions, this paper provides scientific suggestions on how to stimulate the willingness of GI and leverage the synergistic effects between enterprises at different VC positions.
Keywords:

Developing country, Driving factors, Synergy effect, Value-chain positions, Corporate green investment

Download full PDF 
@article{oscm-2026-875,
  title={Stimulating Green Investment Behaviors for Enterprises at the End of the Value Chain in China},
  year={2026},
  author={Xianyou Pan and Jiajia Ma and Yalin Shu},
  journal={Operations and Supply Chain Management: An International Journal},
  volume={19},
  number={3},
  pages={576--591},
  doi={10.31387/oscm0660539}
}
Xianyou Pan, Jiajia Ma, Yalin Shu (2026). Stimulating Green Investment Behaviors for Enterprises at the End of the Value Chain in China. Operations and Supply Chain Management: An International Journal, 19(3), 576-591. https://doi.org/10.31387/oscm0660539
Other links