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Article
Publication date: 31 October 2024

Pengfei Deng, Peng Zheng and Dan Xie

The issue of excessive carbon emissions continues to be a critical global challenge. As a prominent mode of transportation for long-distance travel, aircraft is widely…

84

Abstract

Purpose

The issue of excessive carbon emissions continues to be a critical global challenge. As a prominent mode of transportation for long-distance travel, aircraft is widely acknowledged as a significant source of these emissions. Carbon offset initiatives function as ecological measures, helping to reduce the negative environmental impact. This study aims to explore how benefit appeals (BA) within the aviation industry impact tourists’ carbon offset payment intentions (COPIt).

Design/methodology/approach

In Studies 1 and 2, scenario-based experiments were conducted to explore how goal framing (GF) and (BA) interact to influence COPIt. Study 2 further investigated the mediating roles of moral responsibility and trust in airlines within this interaction. Study 3 used real-world surveys to examine the moderating influence of moral elevation, thereby supporting the interactive effects and mediation mechanisms identified in the earlier studies.

Findings

Across three studies, the authors consistently identified pivotal factors shaping COPIt in the context of air travel. Study 1 revealed that the combination of BA and GF significantly impacts COPIt, with egoistic appeals linked to loss framing and altruistic appeals connected to gain framing being particularly effective in encouraging COPIt. Study 2 extended these insights by showing that moral responsibility and trust in airlines serve as mediators between BA, GF and COPIt. In Study 3, moral elevation was found to moderate the influence of BA and GF on both moral responsibility and COPIt, deepening the understanding of these dynamics.

Originality/value

This study expands the range of factors affecting COPIt and delves into the underlying mechanisms through which BA and GF shape COPIt. Additionally, it advances current understanding by revealing the intricate processes influenced by moral elevation. The findings not only contribute to the existing knowledge on COPIt determinants but also offer practical guidance for the aviation industry and related sectors in promoting tourists’ participation in carbon offset programs.

研究目的

本研究探讨航空业中不同利益诉求(利他 vs. 利己)和目标框架(收益 vs. 损失)如何影响游客的碳补偿支付意向, 以应对航空业作为主要碳排放源的环境挑战。

设计/方法

通过三项实验分析利益诉求与目标框架对碳补偿支付意向的影响, 前两项研究探讨利益诉求与目标框架的交互作用以及道德责任感和信任的中介作用, 第三项在机场调研中考察道德提升感的调节作用。

发现

结果显示, 利他诉求与收益框架、利己诉求与损失框架的匹配显著提高游客的支付意向, 道德责任感和信任为中介, 且道德提升感调节了这一影响。

原创性/价值

本研究丰富了碳补偿支付意向的理论, 揭示利益诉求与目标框架的交互作用机制, 并为航空业提供了有效推动碳补偿项目的实践建议。

Objetivo del studio

Este estudio analiza cómo los intereses (altruismo vs. egoísmo) y el marco objetivo (ganancia vs. pérdida) influyen en la intención de pago de compensación de carbono de los turistas en la industria aérea.

Diseño/método

Se emplearon métodos experimentales en dos estudios iniciales para explorar la interacción entre intereses y marco objetivo, y el papel mediador de la responsabilidad moral y la confianza en la aerolínea. Un tercer estudio en un aeropuerto evaluó el efecto moderador de la elevación moral.

Resultados

Los intereses y el marco objetivo influyen conjuntamente en la intención de pago de compensación de carbono. La combinación de altruismo con un marco de ganancia y egoísmo con un marco de pérdida aumenta esta intención. La responsabilidad moral y la confianza en la aerolínea median estos efectos, mientras que la elevación moral modera su impacto.

Originalidad/valor

Este estudio amplía la investigación sobre la compensación de carbono, revelando cómo la interacción entre intereses y marco objetivo afecta la intención de pago, ofreciendo recomendaciones prácticas para la industria aérea.

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Article
Publication date: 5 December 2024

Guozhen Liu, Liu Wang, Chuang Liu, Pengfei Bai, Tieming Liu, Chunping Wei and Zhang Yi

This study aims to investigate the sealing performance of reciprocating seals under the effect of rubber abrasion using ABAQUS simulation software, and to propose a prediction…

17

Abstract

Purpose

This study aims to investigate the sealing performance of reciprocating seals under the effect of rubber abrasion using ABAQUS simulation software, and to propose a prediction framework based on a hybrid algorithm (GA-PSO-BPNN) to predict the leakage of reciprocating seals of downhole gauging instrumentation under different working condition parameters.

Design/methodology/approach

The authors combined the UMESHMOTION user program with the improved Archard wear model to investigate reciprocating seal performance. GA and a PSO were proposed as ways to enhance the BPNN’s predictive model.

Findings

The results show that the impact of fluid pressure fluctuations on the wear of the seal lip is more pronounced during the rapid wear phase compared to the steady wear phase. Similarly, variations in compression rate have a greater impact on seal lip wear at different stages of wear. The GA-PSO-BPNN prediction model outperforms the single-prediction model in terms of prediction accuracy.

Originality/value

The authors investigated sealing performance through simulation software and propose a GA-PSO-BPNN-based fault diagnosis method for rotating machinery. To verify the accuracy of the prediction model, a reciprocating sealing test platform for gauge work cylinders is constructed.

Peer review

The peer review history for this article is available at: https://publons.com/publon/10.1108/ILT-08-2024-0293/

Details

Industrial Lubrication and Tribology, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0036-8792

Keywords

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Article
Publication date: 22 January 2025

Xiulu Huang, Chuxiong Tang, Yichao Liu and Pengfei Ge

This paper aims to unveil the greenwashing intention of green bonds issuing in Chinese enterprises through the lens of stock pricing efficiency.

66

Abstract

Purpose

This paper aims to unveil the greenwashing intention of green bonds issuing in Chinese enterprises through the lens of stock pricing efficiency.

Design/methodology/approach

Drawing on data of Chinese listed companies during 2012–2021, this study uses a difference-in-differences method to study how and through what mechanisms issuing green bonds impacts stock pricing efficiency.

Findings

Issuing green bonds lowers stock pricing efficiency, verifying the greenwashing intention of green bonds in China. Potential mechanisms underlie the increased investor attention and sentiment resulting from the information disclosures about corporate green and low-carbon development. This greenwashing issue is more pronounced in firms facing lower financing constraints, having stronger relations with the government, and located in highly marketized regions. In the context of uncertainty surrounding economic policies, especially trade policies, issuing green bonds can signal a weakening of the greenwashing effect.

Practical implications

The quality of information disclosure should be emphasized to ensure a substantive commitment to environmental responsibility signaled by green bond issuance, thereby mitigating greenwashing concerns.

Social implications

Regulators and standard-setters should improve the issuance system for green bonds and promote the sustainable development of the green bond market through formulating unified certification criteria for green bonds and implementing a stringently periodic reporting system.

Originality/value

First, to the best of the authors’ knowledge, it is the first study to draw on the quality of information disclosure and the perspective of stock pricing efficiency to identify whether firms issuing green bonds engage in greenwashing. Second, the study uncovers the black-box underlying this greenwashing issue through investor attention and sentiment and examines further the moderating role of economic policy uncertainties.

Details

Sustainability Accounting, Management and Policy Journal, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2040-8021

Keywords

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