{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2025,2,21]],"date-time":"2025-02-21T13:28:10Z","timestamp":1740144490859,"version":"3.37.3"},"reference-count":46,"publisher":"EDP Sciences","issue":"6","license":[{"start":{"date-parts":[[2024,12,6]],"date-time":"2024-12-06T00:00:00Z","timestamp":1733443200000},"content-version":"vor","delay-in-days":35,"URL":"https:\/\/creativecommons.org\/licenses\/by\/4.0"}],"funder":[{"DOI":"10.13039\/501100012456","name":"National Social Science Fund of China","doi-asserted-by":"publisher","award":["22CJY059"],"award-info":[{"award-number":["22CJY059"]}],"id":[{"id":"10.13039\/501100012456","id-type":"DOI","asserted-by":"publisher"}]},{"name":"The Postgraduate Research & Practice Innovation Program of Jiangsu Province","award":["SJCX24_0429"],"award-info":[{"award-number":["SJCX24_0429"]}]}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["RAIRO-Oper. Res."],"accepted":{"date-parts":[[2024,9,11]]},"published-print":{"date-parts":[[2024,11]]},"abstract":"<jats:p>As the global community confronts the challenges of climate change, businesses face increasing pressure to adopt sustainable practices. This study develops a tripartite game model to investigate the impact of green investments on corporate performance, considering the dynamic interplay between governments regulations and public participation in shaping strategic initiatives. First, the evolutionary stability strategy (ESS) is identified by solving replicator dynamic equations and performing stability analysis of equilibrium points. Next, the practicability and rationality of the evolutionary game model are assessed by analyzing ESSs under various corporate green investment scenarios. Finally, a case-based example is provided to validate the theoretical findings and support the following arguments: there are eight equilibrium points and four potential ESSs in the game model; the selection of each ESS is primarily determined by the trade-off between costs and revenues for each stakeholder; increased governmental regulatory costs prompt a strategic shift, incentivizing corporations to enhance green investments; while rising penalties drive a preference for green options; and corporations recognizing compensatory responsibilities are steered towards sustainable pathways.<\/jats:p>","DOI":"10.1051\/ro\/2024182","type":"journal-article","created":{"date-parts":[[2024,9,16]],"date-time":"2024-09-16T11:46:08Z","timestamp":1726487168000},"page":"5275-5300","source":"Crossref","is-referenced-by-count":0,"title":["Driving factors on corporate green investments behaviors: from the strategic intersection of governments regulation and public participation"],"prefix":"10.1051","volume":"58","author":[{"ORCID":"https:\/\/orcid.org\/0000-0002-3436-8730","authenticated-orcid":false,"given":"Ke","family":"Jiang","sequence":"first","affiliation":[]},{"given":"Liping","family":"Xu","sequence":"additional","affiliation":[]},{"given":"Xueqing","family":"Chen","sequence":"additional","affiliation":[]},{"given":"Yuchen","family":"Ge","sequence":"additional","affiliation":[]}],"member":"250","published-online":{"date-parts":[[2024,12,6]]},"reference":[{"key":"R1","doi-asserted-by":"crossref","first-page":"4753","DOI":"10.1007\/s10668-023-02909-7","volume":"26","author":"Ajide","year":"2024","journal-title":"Environ. Dev. Sustain."},{"key":"R2","doi-asserted-by":"crossref","first-page":"128721","DOI":"10.1016\/j.energy.2023.128721","volume":"282","author":"Amiri-Pebdani","year":"2023","journal-title":"Energy"},{"key":"R3","doi-asserted-by":"crossref","first-page":"121434","DOI":"10.1016\/j.apenergy.2023.121434","volume":"347","author":"Asgarian","year":"2023","journal-title":"Appl. Energy"},{"key":"R4","doi-asserted-by":"crossref","first-page":"111365","DOI":"10.1016\/j.econlet.2023.111365","volume":"232","author":"Cao","year":"2023","journal-title":"Econ. Lett."},{"key":"R5","doi-asserted-by":"crossref","first-page":"140352","DOI":"10.1016\/j.jclepro.2023.140352","volume":"434","author":"Chai","year":"2023","journal-title":"J. Clean. Prod."},{"key":"R6","doi-asserted-by":"crossref","first-page":"112252","DOI":"10.1016\/j.enpol.2021.112252","volume":"153","author":"Chen","year":"2021","journal-title":"Energy Policy"},{"key":"R7","doi-asserted-by":"crossref","first-page":"772","DOI":"10.1016\/j.eap.2024.01.003","volume":"81","author":"Chen","year":"2024","journal-title":"Econ. Anal. Policy"},{"key":"R8","doi-asserted-by":"crossref","first-page":"106782","DOI":"10.1016\/j.eiar.2022.106782","volume":"95","author":"Chu","year":"2022","journal-title":"Environ. Impact Assess. Rev."},{"key":"R9","doi-asserted-by":"crossref","first-page":"22","DOI":"10.1016\/j.gloenvcha.2018.05.002","volume":"51","author":"Dauvergne","year":"2018","journal-title":"Glob. Environ. Change"},{"key":"R10","doi-asserted-by":"crossref","first-page":"878","DOI":"10.1016\/j.iref.2023.08.010","volume":"89","author":"Farooq","year":"2024","journal-title":"Int. Rev. Econ. Finance"},{"key":"R11","doi-asserted-by":"crossref","first-page":"637","DOI":"10.2307\/2938222","volume":"3","author":"Friedman","year":"1991","journal-title":"Econometrica"},{"key":"R12","doi-asserted-by":"crossref","first-page":"105379","DOI":"10.1016\/j.eneco.2021.105379","volume":"100","author":"Gu","year":"2021","journal-title":"Energy Econ."},{"key":"R13","doi-asserted-by":"crossref","first-page":"104038","DOI":"10.1016\/j.frl.2023.104038","volume":"58","author":"He","year":"2023","journal-title":"Finance Res. Lett."},{"key":"R14","doi-asserted-by":"crossref","first-page":"121265","DOI":"10.1016\/j.apenergy.2023.121265","volume":"344","author":"Jiang","year":"2023","journal-title":"Appl. Energy"},{"key":"R15","doi-asserted-by":"crossref","first-page":"118391","DOI":"10.1016\/j.jclepro.2019.118391","volume":"241","author":"Jiang","year":"2019","journal-title":"J. Clean. Prod."},{"key":"R16","doi-asserted-by":"crossref","first-page":"902","DOI":"10.1016\/j.jclepro.2018.12.252","volume":"214","author":"Jiang","year":"2019","journal-title":"J. Clean. Prod."},{"key":"R17","first-page":"123518","volume":"206","author":"Jiang","year":"2024","journal-title":"Soc. Change"},{"key":"R18","doi-asserted-by":"crossref","first-page":"119577","DOI":"10.1016\/j.jenvman.2023.119577","volume":"349","author":"Kara\u00b8san","year":"2024","journal-title":"J. Environ. Manag."},{"key":"R19","doi-asserted-by":"crossref","first-page":"61","DOI":"10.1016\/j.envsci.2020.09.013","volume":"115","author":"Kolcava","year":"2021","journal-title":"Environ. Sci. Policy"},{"key":"R20","doi-asserted-by":"crossref","first-page":"101785","DOI":"10.1016\/j.seps.2023.101785","volume":"91","author":"Kou","year":"2024","journal-title":"Socio-Econ. Plan. Sci."},{"key":"R21","doi-asserted-by":"crossref","first-page":"101709","DOI":"10.1016\/j.seps.2023.101709","volume":"89","author":"Lee","year":"2023","journal-title":"Socio-Econ. Plan. Sci."},{"key":"R22","first-page":"1","volume":"26","author":"Liu","year":"2023","journal-title":"Environ. Dev. Sustain."},{"key":"R23","doi-asserted-by":"crossref","first-page":"119766","DOI":"10.1016\/j.jenvman.2023.119766","volume":"351","author":"Liu","year":"2024","journal-title":"J. Environ. Manag."},{"key":"R24","doi-asserted-by":"crossref","first-page":"531","DOI":"10.1080\/00207179208934253","volume":"55","author":"Lyapunov","year":"1992","journal-title":"Int. J. Control"},{"key":"R25","doi-asserted-by":"crossref","first-page":"683","DOI":"10.1016\/j.renene.2022.07.139","volume":"197","author":"Nketiah","year":"2022","journal-title":"Renew. Energy"},{"key":"R26","doi-asserted-by":"crossref","first-page":"101124","DOI":"10.1016\/j.ecosys.2023.101124","volume":"47","author":"Peng","year":"2023","journal-title":"Econ. Syst."},{"key":"R27","doi-asserted-by":"crossref","first-page":"840","DOI":"10.1111\/rego.12314","volume":"15","author":"Schmid","year":"2021","journal-title":"Regul. Gov."},{"key":"R28","doi-asserted-by":"crossref","first-page":"93","DOI":"10.1016\/S0022-5193(80)81038-1","volume":"84","author":"Selten","year":"1980","journal-title":"J. Theor. Biol."},{"key":"R29","doi-asserted-by":"crossref","first-page":"129891","DOI":"10.1016\/j.energy.2023.129891","volume":"290","author":"Song","year":"2024","journal-title":"Energy"},{"key":"R30","doi-asserted-by":"crossref","first-page":"123102","DOI":"10.1016\/j.techfore.2023.123102","volume":"200","author":"Su","year":"2024","journal-title":"Technol. Forecast. Soc. Change"},{"key":"R31","doi-asserted-by":"crossref","first-page":"107041","DOI":"10.1016\/j.eneco.2023.107041","volume":"126","author":"Tao","year":"2023","journal-title":"Energy Econ."},{"key":"R32","unstructured":"The State Council of China, Reform Program of Ecological and Environmental Damage Compensation System (2017). https:\/\/www.gov.cn\/zhengce\/2017-12\/17\/content_5247952.htm."},{"key":"R33","unstructured":"The State Council of China, Measures for the administration of packaging of express mail (2021). https:\/\/www.gov.cn\/gongbao\/content\/2021\/content_5602014.htm."},{"key":"R34","doi-asserted-by":"crossref","first-page":"722","DOI":"10.1016\/j.iref.2023.02.008","volume":"85","author":"Van Huong","year":"2023","journal-title":"Int. Rev. Econ. Finance"},{"key":"R35","doi-asserted-by":"crossref","first-page":"403","DOI":"10.1002\/smj.2714","volume":"39","author":"Wang","year":"2018","journal-title":"Strateg. Manag. J."},{"key":"R36","doi-asserted-by":"crossref","first-page":"103319","DOI":"10.1016\/j.resourpol.2023.103319","volume":"81","author":"Wang","year":"2023","journal-title":"Resour. Policy"},{"key":"R37","doi-asserted-by":"crossref","first-page":"117849","DOI":"10.1016\/j.jenvman.2023.117849","volume":"340","author":"Wang","year":"2023","journal-title":"J. Environ. Manag."},{"key":"R38","unstructured":"Weibull J.W., Evolutionary Game Theory. MIT Press (1997)."},{"key":"R39","doi-asserted-by":"crossref","first-page":"122916","DOI":"10.1016\/j.eswa.2023.122916","volume":"244","author":"Xia","year":"2024","journal-title":"Expert Syst. Appl."},{"key":"R40","first-page":"116","volume":"30","author":"Yang","year":"2020","journal-title":"Chin. J. Popul. Resour. Environ."},{"key":"R41","doi-asserted-by":"crossref","first-page":"118","DOI":"10.1016\/j.renene.2022.04.092","volume":"192","author":"Zhang","year":"2022","journal-title":"Renew. Energy"},{"key":"R42","doi-asserted-by":"crossref","first-page":"109240","DOI":"10.1016\/j.cie.2023.109240","volume":"180","author":"Zhang","year":"2023","journal-title":"Comput. Ind. Eng."},{"key":"R43","doi-asserted-by":"crossref","first-page":"133905","DOI":"10.1016\/j.scitotenv.2019.133905","volume":"695","author":"Zhang","year":"2019","journal-title":"Sci. Total Environ."},{"key":"R44","doi-asserted-by":"crossref","first-page":"103676","DOI":"10.1016\/j.frl.2023.103676","volume":"53","author":"Zhang","year":"2023","journal-title":"Finance Res. Lett."},{"key":"R45","doi-asserted-by":"crossref","first-page":"475","DOI":"10.1051\/ro\/2023190","volume":"58","author":"Zhao","year":"2024","journal-title":"RAIRO:RO"},{"key":"R46","doi-asserted-by":"crossref","first-page":"815","DOI":"10.1016\/j.spc.2022.01.017","volume":"30","author":"Zhong","year":"2022","journal-title":"Sustain. Prod. Consum."}],"container-title":["RAIRO - Operations Research"],"original-title":[],"link":[{"URL":"https:\/\/www.rairo-ro.org\/10.1051\/ro\/2024182\/pdf","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2024,12,6]],"date-time":"2024-12-06T08:52:10Z","timestamp":1733475130000},"score":1,"resource":{"primary":{"URL":"https:\/\/www.rairo-ro.org\/10.1051\/ro\/2024182"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2024,11]]},"references-count":46,"journal-issue":{"issue":"6"},"alternative-id":["ro240172"],"URL":"https:\/\/doi.org\/10.1051\/ro\/2024182","relation":{},"ISSN":["0399-0559","2804-7303"],"issn-type":[{"type":"print","value":"0399-0559"},{"type":"electronic","value":"2804-7303"}],"subject":[],"published":{"date-parts":[[2024,11]]}}}