Vol. 13 No. 2 (2024), 58-63

This study analyzes a sample of A-share listed firms from Shanghai and Shenzhen, utilizing data spanning from 2017 to 2021 to empirically examine the connection between executive remuneration, equity incentives, and corporate investments in environmental initiatives. The findings indicate a significant negative correlation between elevated executive compensation and corporate environmental investment, implying that increased remuneration adversely affects such investments. In a similar vein, the strength of executive equity incentives also shows a noteworthy negative relationship with corporate environmental investments, suggesting that stronger equity incentives hinder environmental investment.