Social enterprise, renewable energy, and cap-and-trade under sustainable insurance
學年 112
學期 2
出版（發表）日期 2024-04-12
作品名稱 Social enterprise, renewable energy, and cap-and-trade under sustainable insurance
作品名稱（其他語言）
著者 Lin, Jyh-horng
單位
出版者
著錄名稱、卷期、頁數 Energy Economics 133,　107535
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.
關鍵字 Cap-and-trade;Renewable energy;Social enterprise;Subsidy;Sustainable insurance
語言 en
ISSN 1873-6181
期刊性質 國外
收錄於 SSCI
產學合作
通訊作者 Jyh-Horng Lin
審稿制度 是
國別 NLD
公開徵稿
出版型式 ,電子版
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機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/125649 )

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