Fig 1.
The number of corporations selected in the “China Greenwashing List” from 2009–2016.
Fig 2.
“Shared value” that balances economic, social, and environmental values.
Fig 3.
Interaction between stakeholders in value creation.
Fig 4.
The research framework of this article.
Table 1.
Social value measurement calculation formula.
Table 2.
Sustainability reporting “greenwashing” indicator system.
Table 3.
The variable definition table used in this article.
Table 4.
Descriptive statistics.
Table 5.
Correlation coefficients.
Table 6.
Regression results of Sustainability reporting “greenwashing” and “shared value” creation.
Table 7.
Tool variable regression results.
Table 8.
Mediation effect test results.
Table 9.
Further analysis results.