Development Corporation Research Articles

Enhancing employee performance appraisal through optimized association rule algorithms: a data mining approach.

The planning and development department of the China Yangtze river three gorges engineering development corporation aims to improve its intelligent performance management system in accordance with the company's vision. This paper presents a study on enhancing intelligent performance management in the Planning and Development Department of the China Yangtze River Three Gorges Engineering Development Corporation. By combining data mining techniques with association rule algorithms, a performance prediction model was established. The goal is to explore a performance management system aligned with the company's vision and the specific characteristics of construction enterprises. Experimental results show the effectiveness of the GABPNN model, achieving a prediction error of 5% or less in seven out of seventeen sample points, with a maximum relative error of 20.86%. The suggested performance management system presents a useful strategy for construction companies to improve their performance evaluation procedures, boosting overall management efficiency and aligning with their distinctive traits.

Sustainable development goals and corporate financial performance: Examining the influence of stakeholder engagement

AbstractThis study investigates the relationship between sustainable development goals (SDG) and corporate financial performance (CFP) in the motor vehicle manufacturing sector. Using a comprehensive dataset from CSRHUB database, covering 380 companies from 2016 to 2022, we analyze how SDG‐related disclosures—across depth, breadth, and concentration—impact financial metrics such as return on assets (ROA), return on equity (ROE), return on invested capital (ROIC), and Tobin's Q. The study employs the system generalized method of moments (System GMM) to mitigate endogeneity concerns, ensuring robust results. Our findings reveal that while SDG initiatives positively influence CFP, the role of stakeholder engagement is pivotal. Firms with comprehensive SDG strategies and high stakeholder engagement experience superior financial outcomes. However, an overly narrow focus on specific SDG themes, even with strong stakeholder interactions, correlates with weaker financial performance. This research contributes to the ongoing discourse on corporate sustainability by highlighting the moderating effect of stakeholder engagement in SDG disclosures. The findings offer practical implications for both policymakers and business leaders, suggesting a balanced approach to SDG reporting to maximize financial performance.

Conceptual foundations for implementing European and international non-financial reporting standards

Throughout the current years, non-financial reporting has undergone rapid development, manifesting both in international frameworks by non-governmental organizations and via national or regional (European) standards. However, internationallystandardised reporting standards play a crucial role in ensuring the efficiency of international capital markets and satisfying users’ needs for data comparability. This article aims to examine the theoretical foundations and principles underlying the implementation of non-financial reporting standards in the EU and at the international level. The study explores the nuances of incorporating sustainable development components into non-financial reporting standards.The significance of materiality is defined for prioritizing information from the financial aspect and ESG concerns. It has been contemplated that the scope of reporting encompasses activities, products, services, and risks extending beyond a company, encouraging the consideration of value creation chains. Emphasis is placed on the potential to present non-financial information at various levels of consolidation, aiming for relevance and compatibility. Types of information subject to disclosure are disclosed.Crucial principles of sustainable reporting are highlighted, considering a focus on essential information and stakeholder orientation. Global policy priorities are noted to expect business contributions towards achieving sustainable development goals and corporate social responsibility. Standards and frameworks are shown to be pivotal in presenting non-financial information related to sustainable development, facilitating its digitization. It has been accentuated that the assessment of materiality defines the content of non-financial reports, yet challenges arise due to the absence of recommendations and stakeholder perspectives. Sustainability information should encompass the company’s value creation chain with guidance for priorities and impact assessment to enhance the effectiveness of actions and reporting. General scientific and special methods are used: analysis and synthesis, theoretical-applied analysis of sources, inductive-deductive approach, generalization and abstraction, ascent from the abstract to the concrete. The contribution of business to the global policy of sustainable development and the role of corporate social responsibility are also considered. It is substantiated that the assessment of materiality determines the content of non-financial reports, but challenges arise due to the lack of recommendations and taking into account the perspective of interested parties. The current research stimulates further scientific developments in the field of NFZ.

Can Negative Emotions on Social Media Predict Corporate Financial Risks: Perspective from Baidu Tieba

The intrinsic relationship between social media and corporate development has emerged as one of the key research topics today. Most current studies focus on the positive impacts and opportunities that social media can bring to enterprises. However, there remains a lack of a unified explanation for the influence of negative news on social media on businesses. Consequently, the research theme of this paper is to explore whether negative sentiments on social media can predict corporate financial risks. Firstly, this paper collects data related to bearish posts on social media and financial risks of enterprises. Subsequently, regression analysis is conducted on the data using SPSS. The results reveal that, under the condition of controlling the asset-liability ratio, negative posts on social media do have an impact on corporate financial risks, with a greater number of negative posts correlating to a higher level of financial risk for the enterprise. This paper fills a gap in understanding the negative implications of social media on certain aspects of businesses and provides data support for researching the influence of negative sentiments on social media on corporate financial risks.

Industrialization, decarbonization, and sustainability: The role of development finance and implications for inequality

ABSTRACT Post-apartheid, the South African economy remains characterised by persistent unemployment and world-leading inequality. Transitioning towards more equal and inclusive economic outcomes is hampered by an industrial base concentrated in powerful firms in upstream resource-based carbon-intensive sectors. Pursuing industrialisation in the context of the push towards decarbonisation and sustainability by significant trading partners depends on a massive investment programme in renewable energy and specific high-emitting sectors and developing linkages between sectors to target a just, equitable, and inclusive transition that tackles the country’s deep-rooted inequalities. This paper evaluates South Africa’s main development finance institution, the Industrial Development Corporation’s role in green industrialisation in South Africa. It investigates whether the investments made and the orientation of the IDC positively impacts the structural transformation of the economy, using disclosed and publicly available data. It suggests a set of criteria with which the IDC can assess the transformational impacts of its climate change funding.

ESG Information Disclosure and Innovation in New Energy Enterprises: A Case Study of CATL

Abstract: In recent years, ESG (Environmental, Social, and Governance) information disclosure and related ratings have garnered increasing attention from the public and enterprises. ESG information disclosure has gradually become an important way for enterprises to fulfill social responsibility. It not only meets the information needs of various stakeholders but is also closely related to corporate innovation, bearing significant implications for long-term corporate development. This paper employs a combination of literature research and case study methods, selecting CATL (Contemporary Amperex Technology Co., Limited), a representative enterprise in the new energy sector, as a typical case study. By analyzing data and business activities from CATLs ESG reports over the past five years, the relationship between ESG information disclosure and corporate innovation is explored. Additionally, this study incorporates LONGi Green Energy, another industry benchmark, for horizontal comparative analysis to reinforce the research findings. Based on the existing conclusions, the paper further delves into the long-term impacts of the mechanism of ESG information disclosure and corporate innovation. The research results indicate that ESG information disclosure can promote corporate innovation, fostering a virtuous cycle between the two and laying a foundation for the future development of enterprises.

Indigenous Knowledge and the Hann Expedition: Re-Examining Scientific Collections From Colonial Expeditions

An examination of the motivations, dynamics and activities of colonial exploring expeditions can provide valuable insights into the ways in which the colonial mindset shaped the development of natural history collections in colonised lands. The Indigenous Knowledge and the Hann Expedition: Re-examining scientific collections from colonial expeditions project is working to redress these omissions in the historical record by re-contextualising the botanical specimens collected on the 1872 Northern Expedition and re-connecting them with the Aboriginal Country from which they were collected (Dalley et al. 2024). The 1872 Northern Expedition, led by William Hann, sought to establish the mineral and agricultural potential of Cape York Peninsula in northern Queensland, Australia. Alongside Hann, the expedition party included Jerry (Aboriginal guide), Dr Thomas Tate (botanist), Norman Taylor (geologist) and three other European men: Warner, Stewart and Nation. It was this expedition, with its reports of gold on the Palmer River, that triggered Queensland’s biggest goldrush and led to an influx of more than 20,000 settlers, with disastrous consequences for the Aboriginal people who occupied the area (Taylor and Huxley 2020). Between June and November, the expedition party travelled from Mount Surprise north to the Stewart River, before returning south via the coast at Cooktown and Weary Bay (Taylor and Huxley 2020). Geological specimens were collected by Taylor, and botanical specimens were collected by Tate and Taylor (Dowe and Taylor 2019). The botanical specimens collected by Tate and Taylor, now held at Royal Botanic Gardens Kew (K) and the National Herbarium of Victoria (MEL), were enumerated by John Dowe and Peter Taylor (Dowe and Taylor 2019). It has since emerged that the Queensland Herbarium (BRI) holds an additional 18 botanical specimens collected by Tate during the expedition (Council of Heads of Australasian Herbaria 2024). These specimens—along with expedition diaries and maps—will provide a stimulus for regional engagement that explores the intersection between the Hann expedition, colonial science, and the ongoing impacts of colonial violence on Indigenous peoples. The project is being led by three direct descendants of members of the expedition party: Nicole Huxley (descendant of Jerry); Peter Taylor (descendant of Norman Taylor) and Cameo Dalley (descendant of Thomas Tate), making the project uniquely—and powerfully—positioned to examine the personal, scientific and sociopolitical legacies of the expedition (Dalley 2021). It was co-designed with Balkanu Cape York Development Corporation and the three herbaria that house the expedition’s botanical collections. Through engaging in truth-telling with Aboriginal knowledge-holders on Cape York Peninsula to openly share and discuss historical truths around colonial violence and disposession—while highlighting the strength and resilience of First Peoples (ANTaR 2024)—the project team hope to correct historical omissions that have stood for more than 150 years and provide a more complete picture of the way in which colonial plant collections were made. Initial engagement is being undertaken with Aboriginal communities in Cape York will be undertaken to generate shared history-making and elevate Indigenous knowledge and memory to develop countervailing historical narratives and recontextualise the botanical specimens collected on the expedition. All engagement with Aboriginal communities will be held on-Country, i.e., on lands to which the Aboriginal peoples being consulted are connected via law, cultural practice, spiritual belief, language and/or custom (AIATSIS 2024). At the time of writing, the three descendants are continuing a series of region-specific engagements that are generating interest in—and support for—Indigenous-led knowledge-sharing and the documentation of untold stories. Based on this initial show of support, the project partners will likely seek funding for a broader Indigenous-led program of on-Country truth- and storytelling around key events that followed the 1872 Hann Expedition. Alongside the on-Country truth-telling, the project will help herbaria develop protocols for recording Indigenous Cultural Knowledge (ICK) shared by Aboriginal knowledge-holders in ways that uphold cultural safety and principles of Indigenous Data Sovereignty and Data Governance. Through two-way knowledge sharing, we hope to enrich the specimens both culturally and scientifically by: acknowledging the histories of specimens and the Traditional Owners of the lands on which they were collected; accommodating ethnobotanical enrichment of specimens by recording ICK alongside Western scientific knowledge in collection management systems, if requested by Traditional Owners; and connecting specimens to Country via enhanced georeferencing utilising Aboriginal knowledge of plants and place, and Expedition resources. acknowledging the histories of specimens and the Traditional Owners of the lands on which they were collected; accommodating ethnobotanical enrichment of specimens by recording ICK alongside Western scientific knowledge in collection management systems, if requested by Traditional Owners; and connecting specimens to Country via enhanced georeferencing utilising Aboriginal knowledge of plants and place, and Expedition resources. This symbiotic blending of botanical science and Indigenous Cultural Knowledge will 'give voice to Country' through knowledge partnerships, helping to heal the past, and to better understand and conserve the complex biodiversity of Cape York.

Measuring The Pulse of Sustainable Investment: A Systematic Review & Bibliometric Perspective

In recent times, increasing regulatory pressure and changes in investor preferences have led to an increase in the importance of sustainable investment at both academic and practitioner levels, with the field still occupying the formative stage. Therefore, the objectives of this study are to explore the intellectual underpinnings of and suggest future research avenues in the discipline of sustainable investment, as well as to conduct a systematic review and bibliometric analysis. In total 1,222 articles were selected from the Scopus database for the period 2013-2023. The study follows the SPAR-4-SLR protocol, involving performance analysis and science mapping using VOSviewer and the R-package. Network analysis revealed eight major clusters primarily focusing on firms’ financial performance, stock returns, contributions to climate change, economic growth, sustainable development goals, risk assessment, and corporate social responsibility. Additionally, the study developed a unified taxonomy model based on a causal framework that includes the foremost independent, mediating, moderating, and dependent variables, studied in the field of sustainable investment.

The Lessons from Sanctions on Iran and Their Impacts on the Development of Civil Aviation Understanding and Iranian Airlines

After the Islamic Revolution, Iran lived through many hard times not only because of its economic and financial resources such as oil and petroleum but also because of its historical, social, supremacy and leadership of some other Islamic countries and communities. Essentially, it has tried to defend its position for many years without sacrificing its Idiosyncratic Islamic governance structure within the world context or other Islamic countries, for these reasons, it has witnessed a lot of economic and financial sanctions or bans. Although Iran has a lot of highly qualified academicians and a workforce in the science of aviation, its civil aviation management structure and related activities, such as airline management, are very far from the average of the world depending on these financial and economic sanctions and bans by international orders. This situation is subjected to this research as a gap. This paper will analyse the civil aviation and air carrier industry of Iran under the impacts of these economic and financial bans and sanctions regarding four dimensions: Maintenance, Training and licensing, corporal development, and relationships with manufacturers. Essentially, at the beginning of the new age, in terms of international politics and conflicts in every continent of the world, new sanctions and bans are on the trouble agenda of world civil aviation agencies and institutions because of their highly political structure, and these bans and sanctions carry generally economic and financial identities, although they have international policy claims. There are a lot of possibilities on the desks of the civil aviation authorities for the burdens of these sanctions and bans and their sustainability impacts on civil aviation. Moving from the situation of Iran, the correct courses and necessary economic and financial policies will be suggested in this new world context and understanding.

Renewable energy technology innovation and ESG greenwashing: Evidence from supervised machine learning methods using patent text

As global environmental pollution worsens, environmental governance has become a critical aspect of corporate development. In environmental, social, and governance (ESG) risk management, how firms address the threat of greenwashing has emerged as a central focus in achieving sustainable green development. This study explores an under-researched factor contributing to ESG greenwashing: renewable energy technology innovation (RETI). Using supervised machine learning and text analysis methods, the study constructs a proxy variable for RETI and applies it to a sample of Chinese listed companies. The findings reveal that RETI reduces corporate ESG greenwashing, and this effect remains consistent after a series of endogeneity and robustness tests. The inhibitory impact of RETI on ESG greenwashing is more significant when board experiential diversity and media attention are higher. This study contributes to the theoretical basis and demonstration for the research on RETI, greenwashing, managerial experience, and corporate governance.

From ancient philosophy to modern governance: Confucian culture shaping low-carbon corporate transformation in China’s listed companies

Confucianism has been passed down for thousands of years, naturally turning into a research hotspot. Considering the goal of green development, this study examines the role of Confucian culture in low-carbon corporate transformation. This study shows that Confucian culture can effectively promote a low-carbon transformation and the development of companies. The greater the influence of Confucianism on a company, the higher its level of low-carbon transformation. Confucian culture takes effect in three ways: by improving corporate environmental awareness, by promoting social responsibility, and by strengthening corporate governance. Heterogeneity research shows that state-owned and low-capital-intensity companies, low-competition and high-attention industries, non-low-carbon pilot programs, and low-marketization areas all increase the extent of influence. The findings shed light on the influence of Confucians on low-carbon transformation at the firm level and enrich the ideas surrounding Confucian culture and corporate development.

ESG disclosures, green innovation, and greenwashing: All for sustainable development?

AbstractAs stakeholder concerns about corporate sustainability intensify, greenwashing—where companies deceptively report their environmental performance for short‐term economic gain—poses a significant threat to long‐term sustainability, making it crucial to explore effective ways to curb this practice. Using data from 1,270 Chinese listed companies from 2009 to 2019, this study constructs two‐way fixed effects and moderating effects models to explore the crucial role of green innovation in curbing greenwashing. Green innovation not only reduces the incentives for greenwashing, but also makes a genuine contribution to environmental protection, thus promoting a “win‐win” scenario for both sustainability and corporate development. Moreover, the positive impact of green innovation on curbing greenwashing can be significantly amplified by easing financial constraints and enhancing firms’ risk‐taking capabilities to foster a stable financial environment, as well as by strengthening the governance structure through increased gender diversity and environmental background among managers. Heterogeneity tests show that this pathway is particularly effective in companies with heavy pollution and higher economic performance. The research findings help to formulate more effective management strategies and incentive mechanisms to reduce greenwashing and achieve sustainable development.

Evaluation and Comparison of the Performance of Different Hypervisors under Various Workloads of GIADEC

This research study evaluates and compares the performance of Hyper-V, Citrix Xen, and VMware ESXi to aid Ghana Integrated Aluminium Development Corporation (GIADEC) in informed hypervisor selection. The study focuses on identifying the optimal hypervisor for GIADEC, considering factors like effectiveness and efficient resource utilization. It aims to improve resource allocation, hypervisor selection, and performance optimization within GIADEC's IT infrastructure. Using a qualitative approach and extensive literature review, the study supports informed decision-making for hypervisor selection. Through benchmarking with Passmark Performance Test Suite and BootRacer application, each hypervisor underwent rigorous testing across various performance metrics. The study assesses performance aspects including installation and booting times, CPU, memory, disk, and network performance. Results highlight distinct advantages of each hypervisor: Hyper-V for quick virtualization deployment, VMware ESXi for superior CPU, memory, and network performance. Hyper-V excels in memory write and disk sequential read/write speeds, while VMware ESXi demonstrates low memory latency and superior network bandwidth. It is recommended that GIADEC should consider VMware ESXi due to its outstanding overall performance and suitability for diverse workload requirements. This study adds to the knowledge base on hypervisor performance evaluation and supports GIADEC's decision-making process for optimal hypervisor selection.

Propaganda Sektor Perkhidmatan Awam di Persekutuan Tanah Melayu melalui Malayan Film Unit (MFU), 1957–1963

This research aimed to investigate the extent of the roles played by the Malayan Film Unit (MFU) as a propaganda platform for the civil service sector by the federal government from 1957 until 1963. The government had indeed been using MFU as a platform to promote the roles and to attract the support of the citizens towards the civil service sector in the Federation of Malaya. Various films had been produced based on the selected themes in the civil service sector. Moreover, the films had been played at the cinemas and mobile cinematic shows (locally called wayang pacak) in the whole of the Federation of Malaya along the specified period. This research was qualitative in nature and completely employed the historic research methodology. The materials and resources were obtained from the National Archives Malaysia, National Film Development Corporation Malaysia (FINAS), National Library of Malaysia, libraries at the local higher learning institutions nationwide, and others. The findings showed that MFU played it significant roles as a propaganda tool in the efforts by the federal government to promote the roles and to attract the support from the citizens towards the activities of civil services in the Federation of Malaya. In fact, MFU was seen as the earliest platform used by the government for the earlier-mentioned purpose, which was then further enhanced after the formation of Malaysia and establishment of Malaysian National Film Department in 1963.

Analysis of the Impact of Corporate Social Responsibility on Corporate Competitiveness

In today's societal context, corporate development faces new opportunities and challenges, with competition among businesses shifting from talent, products, and economic strength to corporate social responsibility (CSR). This change brings new demands for business development. CSR originated in Western countries, but initially did not significantly impact corporate growth. In recent years, the concept of social responsibility has gradually been recognized by society and has gained influence internationally. Current research, both domestically and internationally, mainly focuses on how CSR fulfillment affects corporate competitiveness. To maintain a strong position in the highly competitive market, companies must actively fulfill their social responsibilities. Only by doing so can they gain customer recognition and wield better market influence. Therefore, this paper comprehensively analyzes the impact of CSR on corporate competitiveness, clarifies the role of CSR in enhancing market competitiveness, and ensures that companies actively fulfill social responsibilities while developing economically.

Silence vs. Catering: Carbon Information Disclosure Strategies and High-Quality Corporate Development

A corporate carbon information disclosure strategy is essentially an environmental responsibility manifestation of “inconsistency between words and deeds”. It has two forms:, green “silence” and green “catering”, both of which restrict the externalization of green productivity and affect the high-quality development of enterprises. This study shows that ① there is a U-shaped relationship between carbon information disclosure strategies and the high-quality development of enterprises. Green “silence” positively affects the high-quality development of enterprises, and the impact of green “catering” on the high-quality development of enterprises changes from negative to positive. ② Green “silence” affects the high-quality development of enterprises by increasing R&D investment, reducing tax burdens, and intensifying financing constraints, while green “catering” affects the high-quality development of enterprises by decreasing R&D investment, increasing the tax burden, and easing financing constraints. ③ If the competition in the industry is fierce, the green “silence” strategy should be adopted. When there is monopoly in the industry, the green “catering” strategy is dominant. The findings of this study not only provide management suggestions for enterprises on how to correctly treat the carbon information disclosure strategies that have been implemented or planned to promote their own high-quality development, but also provide policy inspiration for relevant regulatory authorities to complete the transition from voluntary disclosure to mandatory disclosure.

Innovations of Express Companies: Adoption of Protective Wearable Artificial Intelligence Devices by Couriers

Providing couriers with wearable artificial intelligence devices to prevent accidents is not only beneficial to the courier’s safety but will also save money in terms of insurance premiums for express companies; therefore, it is worth investigating what factors can influence the acceptance of wearable artificial intelligence devices by couriers. Push–pull–mooring (PPM) theory and affective event theory (AET) are integrated, to test couriers’ adoption of wearable safety detection devices. Social influence, perceived security, personal innovativeness, and affective event reaction are applied to the research model. Questionnaires are distributed among several listed express companies and 263 valid questionnaires are used for empirical testing. Empirical results indicated that social influence, perceived safety, personal innovativeness and affective event reaction are positively related to usage with coefficients 0.218, 0.301, 0.698 and 0.309. Personal innovativeness has positive moderating effects on relationships between affective event reaction, perceived security and usage, with coefficients 0.145 and 0.106; however, it has no significant moderating effect on the relationship between social influence and usage. The research aims to help support the proliferation and adoption of wearable artificial intelligence devices to optimize the current state of the express industry and improve the interaction between couriers and managers, creating an active management strategy that will allow express companies to thrive. The study not only provides insights to help express companies reduce insurance costs, but also provides recommendations for accelerating the company’s environmental, social and governance goals, leading sustainable development and building new corporate value.

An Exploration of the Promotion of Human Resource Management to Enterprise Development Strategies

Human resource management, as a pivotal component of corporate management systems, exerts a direct influence on a company’s competitiveness and long-term development. With the acceleration of globalization and the intensification of market competition, the formulation and implementation of corporate development strategies increasingly hinge on the efficacy of human resource management. Recruitment, training, and motivation of talent have become crucial driving factors in achieving strategic goals. Through judicious resource allocation and systematic human resource management, enterprises can enhance their innovative capacities, bolster their market responsiveness, and sustain a competitive edge in an ever-changing business environment. Effective human resource management not only facilitates the execution of corporate strategies but also ensures that a company remains flexible and adaptive at various stages of development, thereby providing a solid foundation for sustainable growth.

Governance of Corporate Greenwashing through ESG Assurance

This study utilizes data from Chinese A-share listed companies from 2014 to 2022 to theoretically analyze and empirically test the governance effect of ESG assurance on corporate greenwashing behavior, as well as the role played by the legal environment and management shareholding in this context. The impacts of ownership and the governance mechanism of ESG assurance on corporate greenwashing behavior are also explored. This study employs text mining, OLS, PSM, IV-LIML, treatment effect models, feasible generalized least squares, placebo tests, bootstrap methods, etc., to conduct empirical analysis and conclude the following results: ESG assurance has a significant inhibitory effect on corporate greenwashing behavior, playing a crucial role in resource allocation, particularly in non-state-owned enterprises. The legal environment has a certain substitution effect on ESG assurance in inhibiting corporate greenwashing behavior, meaning that when the legal environment is weak, ESG assurance is more effective in curbing such behavior. Management shareholding also has a certain substitution effect on ESG assurance in inhibiting corporate greenwashing behavior, indicating that when management shareholding is low, ESG assurance is better at curbing such behavior. Further research reveals that corporate ESG performance plays a mediating role between ESG assurance and corporate greenwashing governance. This article provides policy references and empirical evidence for strengthening ESG assurance and enhancing corporate ESG performance and greenwashing governance to promote high-quality corporate development.

How Do Chinese Exporting Firms Respond to Environment‐related Notifi cations? A Green Innovation Perspective

AbstractEnvironment‐related notifications play an important role in the coordinated development of trade and environment protection. In this paper, we examine how Chinese exporting enterprises responded to environment‐related notifications implemented by the US through green innovation practices. These notifications significantly encouraged exporting firms to increase green innovation, as evidenced particularly by the number of green utility model patents granted. This effect was most pronounced in non‐foreign‐invested enterprises, high‐total‐factor‐productivity firms, technology‐intensive industries, and nongreen industries. These notifications also increased the probability of enterprises exiting the market while reducing the probability of new enterprises entering it. The innovation motivation of surviving firms was higher than that of the new entrants. Our analysis also suggests that environment‐related notifications had a crowding‐out effect on other innovation rather than a leverage effect. This study offers important empirical evidence that helps enterprises to respond to green non‐tariff measures effectively, enrich the existing literature, and provide practical guidance for both policymaking and corporate development.