The DOI matches its Crossref record; 6 of the 6 references it cites were found in a registry or an index.
How the Market Values Greenwashing? Evidence from China
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Coase, R. H. (1960) · The Journal of Law and Economics · doi:10.1086/466560 · Cited by 18,255
Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2008) · Accounting, Organizations and Society · doi:10.1016/j.aos.2007.05.003 · Cited by 3,570
Greenwash: Corporate Environmental Disclosure under Threat of Audit
Lyon, T. P., & Maxwell, J. W. (2011) · Journal of Economics & Management Strategy · doi:10.1111/j.1530-9134.2010.00282.x · Cited by 1,569
Chen, Y.-S., & Chang, C.-H. (2013) · Journal of Business Ethics · doi:10.1007/s10551-012-1360-0 · Cited by 1,281
Parguel, B., Benoît-Moreau, F., & Larceneux, F. (2011) · Journal of Business Ethics · doi:10.1007/s10551-011-0901-2 · Cited by 1,024
Corporate Environmental Disclosure Strategies: Determinants, Costs and Benefits
Cormier, D., & Magnan, M. (1999) · Journal of Accounting, Auditing & Finance · doi:10.1177/0148558x9901400403 · Cited by 533
Research works printed but not linked: 71
- Al-Tuwaijri, S. A., Christensen, T. E., & Hughes, K. E. (2004). The relations among environmental disclosure, environmental performance, and economic performance: A simultaneous equations approach. Accounting, Organizations and Society, 29(5–6), 447–471. · DOI · Paper page
- Alves, I. (2009). Green spin everywhere: How greenwashing reveals the limits of the CSR paradigm. Journal of Global Change and Governance, I(1), 1–26.
- Baker, M., Litov, L., Wachter, J. A., & Wurgler, J. (2010). Can mutual fund managers pick stocks? Evidence from their trades prior to earnings announcements. Journal of Financial and Quantitative Analysis, 45(5), 1111–1113. · DOI · Paper page
- Blacconiere, W. G., & Northcut, W. D. (1997). Environmental information and market reactions to environmental legislation. Journal of Accounting, Auditing & Finance, 12(2), 149–178. · DOI
- Bragdon, J., & Marlin, J. (1972). Is pollution profitable? Risk Management, 19(4), 9–18.
- Brown, T. J., & Dacin, P. A. (1997). The company and product: Corporate associations and consumer product response. Journal of Marketing, 61, 68–84. · doi:10.2307/1252190 · Paper page
- Brown, S. J., & Warner, J. B. (1985). Using daily stock returns: The case of event studies. Journal of Financial Economics, 14, 3–31. · DOI · Paper page
- Bushee, B. J., Core, J. E., Guay, W., & Hamm, S. J. (2010). The role of the business press as an information intermediary. Journal of Accounting Research, 48(1), 1–19. · DOI · Paper page
- Chen, Y.-S. (2008a). The driver of green innovation and green image—Green core competence. Journal of Business Ethics, 81(3), 531–543. · DOI · Paper page
- Chen, Y.-S. (2008b). The positive effect of green intellectual capital on competitive advantages of firms. Journal of Business Ethics, 77(3), 271–286. · DOI · Paper page
- Chen, Y.-S. (2010). The drivers of green brand equity: Green brand image, green satisfaction, and green trust. Journal of Business Ethics, 93(2), 307–319. · DOI · Paper page
- Chen, Y.-S., Lai, S.-B., & Wen, C.-T. (2006). The influence of green innovation performance on corporate advantage in Taiwan. Journal of Business Ethics, 67(4), 331–339. · DOI · Paper page
- Cho, C. H., Guidry, R. P., Hageman, A. M., & Patten, D. M. (2012). Do actions speak louder than words? An empirical investigation of corporate environmental reputation. Accounting, Organizations and Society, 37(1), 14–25. · DOI · Paper page
- Clarkson, P. M., Li, Y., Richardson, G. D., & Vasvari, F. P. (2011a). Does it really pay to be green? Determinants and consequences of proactive environmental strategies. Journal of Accounting and Public Policy, 30(2), 122–144. · DOI · Paper page
- Clarkson, P. M., Overell, M. B., & Chapple, L. (2011b). Environmental reporting and its relation to corporate environmental performance. Abacus, 47(1), 27–60. · DOI · Paper page
- Dahl, R. (2010). Green washing: Do you know what you’re buying? Environmental Health Perspectives, 118(6), A246–A252. · DOI · Paper page
- Dasgupta, S., Laplante, B., & Mamingi, N. (2001). Pollution and capital markets in developing countries. Journal of Environmental Economics and Management, 42(3), 310–335. · DOI · Paper page
- De Villiers, C., & Van Staden, C. J. (2010). Shareholders’ requirements for corporate environmental disclosures: A cross country comparison. The British Accounting Review, 42(4), 227–240. · DOI · Paper page
- Deegan, C., & Gordon, B. (1996). A study of the environmental disclosure practices of Australian corporations. Accounting and Business Research, 26(3), 187–199. · DOI · Paper page
- Dixon-Fowler, H. R., Slater, D. J., Johnson, J. L., Ellstrand, A. E., & Romi, A. M. (2013). Beyond “Does it pay to be green?” A meta-analysis of moderators of the CEP–CFP relationship. Journal of Business Ethics, 112(2), 353–366. · DOI · Paper page
- Du, X. (2012). Does religion matter to owner-manager agency costs? Evidence from China. Journal of Business Ethics,. doi: 10.1007/s10551-012-1569-y . · DOI · Paper page
- Du, X., Jian, W., Zeng, Q., & Du, Y. (2013). Corporate environmental responsibility in polluting industries: Does religion matter? Journal of Business Ethics,. doi: 10.1007/s10551-013-1888-7 . · DOI · Paper page
- Dyck, A., Volchkova, N., & Zingales, L. (2008). The corporate governance role of the media: Evidence from Russia. The Journal of Finance, 63(3), 1093–1135. · DOI · Paper page
- Dyck, A., & Zingales, L. (2002). The corporate governance role of the media. In R. Islam (Ed.), The right to tell: The role of the media in development (pp. 107–137). Washington, DC: The World Bank.
- Fang, L., & Peress, J. (2009). Media Coverage and the Cross-section of Stock Returns. The Journal of Finance, 64(5), 2023–2052. · DOI · Paper page
- Fieseler, C., Fleck, M., & Meckel, M. (2010). Corporate social responsibility in the blogosphere. Journal of Business Ethics, 91, 599–614. · DOI · Paper page
- Gray, R., Kouhy, R., & Lavers, S. (1995). Corporate social and environmental reporting: A review of the literature and a longitudinal study of UK disclosure. Accounting Auditing and Accountability Journal, 8(2), 47–77. · DOI · Paper page
- Greene, W. H. (2012). Econometric analysis (7th ed.). Upper Saddle River, NJ: Prentice Hall.
- Gupta, S., & Goldar, B. (2005). Do stock markets penalize environment-unfriendly behavior? Evidence from India. Ecological Economics, 52(1), 81–95. · DOI · Paper page
- Guthrie, J., & Parker, L. (1989). Corporate social reporting: A rebuttal of legitimacy theory. Accounting and Business Research, 19(76), 343–352. · DOI · Paper page
- Hamilton, J. T. (1995). Pollution as news: Media and stock market reactions to the toxics release inventory data. Journal of Environmental Economics and Management, 28(1), 98–113. · DOI · Paper page
- Herman, E. (2002). The media and market in the United States. The right to tell the role of mass media in economic development (pp. 61–81). Washington, DC: The World Bank Institute.
- Holliday, C. O., Schmidheiny, S., & Watts, P. (2002). Walking the talk: The business case for sustainable development. Sheffield: Greenleaf.
- Hooks, J., & van Staden, C. J. (2011). Evaluating environmental disclosures: The relationship between quality and extent measures. The British Accounting Review, 43(3), 200–213. · DOI · Paper page
- Horiuchi, R., & Schuchard, R. (2009). Understanding and preventing greenwash: A business guide. London: Futerra Sustainability Communications.
- Howard, J., Nash, J., & Ehrenfeld, J. (1999). Industry codes as agents of change: Responsible care adoption by U.S. chemical companies. Business Strategy and the Environment, 8, 281–295. · doi:10.1002/(sici)1099-0836(199909/10)8:5<281::aid-bse213>3.0.co;2-#
- Huang, C. L., & Kung, F. H. (2010). Drivers of environmental disclosure and stakeholder expectation: Evidence from Taiwan. Journal of Business Ethics, 96(3), 435–451. · DOI · Paper page
- Huberman, G., & Regev, T. (2001). Contagious speculation and a cure for cancer: A nonevent that made stock prices soar. The Journal of Finance, 56(1), 387–396. · DOI · Paper page
- Hughes, S. B., Anderson, A., & Golden, S. (2001). Corporate environmental disclosures: Are they useful in determining environmental performance? Journal of Accounting and Public Policy, 20, 217–240. · DOI · Paper page
- Ilinitch, A. Y., Soderstrom, N. S., & Thomas, T. E. (1998). Measuring corporate environmental performance. Journal of Accounting and Public Policy, 17(4-5), 383–408. · DOI · Paper page
- Ingram, R., & Frazier, K. B. (1980). Environmental performance and corporate disclosure. Journal of Accounting Research, 18, 612–622. · DOI · Paper page
- Investor Responsibility Research Center. (1992). Corporate environmental profiles directory. Washington, DC: Investor Responsibility Research Center.
- Joe, J. R., Louis, H., & Robinson, D. (2009). Managers’ and investors’ responses to media exposure of board ineffectiveness. Journal of Financial and Quantitative Analysis, 44(03), 579–605. · DOI · Paper page
- Khanna, M., Quimio, W. R. H., & Bojilova, D. (1998). Toxics release information: A policy tool for environmental protection. Journal of Environmental Economics and Management, 36(3), 243–266. · DOI · Paper page
- King, A. A., & Lenox, M. (2000). Industry self-regulation without sanctions: The chemical industry’s responsible care program. Academy of Management Journal, 43, 698–716. · DOI · Paper page
- Klassen, R. D., & McLaughlin, C. P. (1996). The impact of environmental management on firm performance. Management Science, 42(8), 1199–1214. · DOI · Paper page
- Kolari, J. W., & Pynnönen, S. (2010). Event study testing with cross-sectional correlation of abnormal returns. The Review of Financial Studies, 23(11), 3996–4025. · DOI · Paper page
- Konar, S., & Cohen, M. A. (2001). Does the market value environmental performance? Review of Economics and Statistics, 83(2), 281–289. · DOI · Paper page
- Lanoie, P., Laplante, B., & Roy, M. (1998). Can capital markets create incentives for pollution control? Ecological Economics, 26(1), 31–41. · DOI · Paper page
- Laplante, B., & Lanoie, P. (1994). The market response to environmental incidents in Canada: A theoretical and empirical analysis. Southern Economic Journal, 60, 657–672. · DOI · Paper page
- Laufer, W. S. (2003). Social accountability and corporate greenwashing. Journal of Business Ethics, 43(3), 253–261. · DOI · Paper page
- Logsdon, J. M. (1985). Organizational responses to environmental issues: Oil refining companies and air pollution. In L. E. Preston (Ed.), Research in corporate social performance and policy (Vol. 7, pp. 47–71). Greenwich, CT: JAI.
- Lyon, T. P., & Montgomery, A. W. (2013). Tweetjacked: The impact of social media on corporate greenwash. Journal of Business Ethics, 118(4), 747–757. · DOI · Paper page
- Miller, G. S. (2006). The press as a watchdog for accounting fraud. Journal of Accounting Research, 44(5), 1001–1033. · DOI · Paper page
- Morris, S., & Shin, H. S. (2002). Social value of public information. The American Economic Review, 92(5), 1521–1534. · DOI · Paper page
- Nyhan, B., & Reifler, J. (2010). When corrections fail: The persistence of political misperceptions. Political Behavior, 32(2), 303–330. · DOI · Paper page
- Patten, D. M. (1992). Intra-industry environmental disclosures in response to the Alaskan oil spill. Accounting, Organizations and Society, 17(5), 471–475. · DOI · Paper page
- Polonsky, M. J., Grau, S. L., & Garma, R. (2010). The new greenwash? Potential marketing problems with carbon offsets. International Journal of Business Studies, 18(1), 49–54.
- Rahman, N., & Post, C. (2012). Measurement issues in environmental corporate social responsibility (ECSR): Toward a transparent, reliable, and construct valid instrument. Journal of Business Ethics, 105(3), 307–319. · DOI · Paper page
- Ramus, C. A., & Montiel, I. (2005). When are corporate environmental policies a form of greenwashing? Business and Society, 44(4), 377–414. · DOI · Paper page
- Self, R. M., Self, D. R., & Bell-Haynes, J. (2010). Marketing tourism in the Galapagos Islands: Ecotourism or greenwashing? International Business & Economics Research Journal, 9(6), 111–125.
- Sharfman, M. P., & Fernando, C. S. (2008). Environmental risk management and the cost of capital. Strategic Management Journal, 29(6), 569–592. · DOI · Paper page
- Sharma, S., Pablo, A. L., & Vredenburg, H. (1999). Corporate environmental responsiveness strategies: The importance of issue interpretation and organizational context. Journal of Applied Behavioral Science, 35, 87–108. · DOI · Paper page
- TerraChoice. (2010). The sins of greenwashing. Ottawa, ON: TerraChoice Environmental Marketing.
- Walley, N., & Whitehead, B. (1994). It’s not easy being green. Harvard Business Review, 72(3), 46–52.
- Winn, M. I., & Angell, L. C. (2000). Towards a process model of corporate greening. Organization Studies, 21, 1119–1147. · DOI · Paper page
- Wiseman, J. (1982). An evaluation of environmental disclosures made in corporate annual reports. Accounting, Organizations and Society, 7(1), 53–63. · DOI · Paper page
- Ye, K., & Zhang, R. (2011). Do lenders value corporate social responsibility? Evidence from China. Journal of Business Ethics, 104, 197–206. · DOI · Paper page
- Yoon, Y., Gurhan-Ganli, Z., & Zhu, C. (2003). Drowing inferences about others on the basis of corporate association. Academy of Marketing Science, 34(2), 167–173. · DOI
- Zeghal, D., & Ahmed, S. (1990). Comparison of social responsibility information disclosure media by Canadian firms. Accounting, Auditing, and Accountability Journal, 3(1), 38–53. · DOI · Paper page
- Zeng, S. X., Xu, X. D., Yin, H. T., & Tam, C. M. (2012). Factors that drive Chinese listed companies in voluntary disclosure of environmental information. Journal of Business Ethics, 109(3), 309–321. · DOI · Paper page
Cited by
Greenwash and Green Purchase Intention: The Mediating Role of Green Skepticism
Nguyen, T. T. H., Yang, Z., Nguyen, N., Johnson, L. W., & Cao, T. K. (2019) · Sustainability · doi:10.3390/su11092653 · Cited by 341
Making Green Stuff? Effects of Corporate Greenwashing on Consumers
De Jong, M. D. T., Harkink, K. M., & Barth, S. (2018) · Journal of Business and Technical Communication · doi:10.1177/1050651917729863 · Cited by 249
How Green Trust, Consumer Brand Engagement and Green Word-of-Mouth Mediate Purchasing Intentions
Guerreiro, J., & Pacheco, M. (2021) · Sustainability · doi:10.3390/su13147877 · Cited by 185
Cooke, F. L. (2025) · Human Resource Management · doi:10.1002/hrm.22318 · Cited by 50
Sustainability reporting and greenwashing: A bibliometrics assessment in G7 and non-G7 nations
Sundarasen, S., Zyznarska-Dworczak, B., & Goel, S. (2024) · Cogent Business & Management · doi:10.1080/23311975.2024.2320812 · Cited by 39
Metadata
- Authors
- Du, X.
- Venue
- Journal of Business Ethics
- Published
- 2014-04-08
- Volume
- 128
- Issue
- 3
- Pages
- 547-574
- ISSN
- 0167-4544 (ISSN-L)
- 1573-0697
- OpenAlex
- W2071297337
- Cited by
- 636
- References
- 6
- FWCI
- 25.77
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- www.springer.com/tdm (tdm)
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: How the Market Values Greenwashing? Evidence from China. https://app.cochat.ai/papers/10.1007/s10551-014-2122-y
- The paper
- Du, X. (2015). How the Market Values Greenwashing? Evidence from China. Journal of Business Ethics. https://doi.org/10.1007/s10551-014-2122-y
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.