淡江大學機構典藏:Item 987654321/125649
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    题名: Social enterprise, renewable energy, and cap-and-trade under sustainable insurance
    作者: Lin, Jyh-horng
    关键词: Cap-and-trade;Renewable energy;Social enterprise;Subsidy;Sustainable insurance
    日期: 2024-04-12
    上传时间: 2024-07-31 12:06:16 (UTC+8)
    出版者: Energy Economics
    摘要: Social entrepreneurship encompasses entrepreneurial activities designed to tackle societal and environmental
    challenges. This paper introduces a capped call option model for sustainable insurance within the context of
    financing social enterprise green operations, emphasizing the adoption of renewable energy and the implementation of cap-and-trade mechanisms. Our focus is on an objective defined as a combined stakeholder equity
    function, reflecting sustainable insurance resulting from the social enterprise’s green operations and stakeholder
    engagement to fulfill the goals of social entrepreneurship. The research reveals that increasing subsidies for the
    social enterprise embracing renewable energy enhances stakeholder equity and social enterprise equity while
    negatively impacting insurer equity. Additionally, as the social enterprise integrates advanced green technologies
    into production, the positive effect on stakeholder equity becomes more pronounced. Stringent regulatory caps,
    however, adversely affect both stakeholder equity and social enterprise equity. Moreover, the study highlights
    green loan subsidies as a mutually beneficial strategy, fostering positive outcomes for both the borrowing social
    enterprise and the fund-providing insurer. It emphasizes the need for policies prioritizing green subsidies to
    promote the adoption of renewable energy for enhanced equity under sustainable insurance.
    關聯: Energy Economics 133, 107535
    DOI: 10.1016/j.eneco.2024.107535
    显示于类别:[國際企業學系暨研究所] 期刊論文

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