Abstract

The adoption of the amended Environmental Protection Law (NEPL) in 2015 signaled a turning point toward more strict regulatory policies meant to solve environmental concerns and support sustainable economic growth. By combining points of view from both institutional theory and the resource-based viewpoint, this study investigates how the NEPL affects enterprise green development resilience (EGDR). We built a thorough framework to evaluate EGDR by means of the Vertical and Horizontal Slot-Drawing (VHSD) approach combined with entropy-based analysis, hence capturing its dynamic and structural aspects. From an institutional point of view, our findings show that following environmental rules increases company legitimacy and promotes green development. At the same time, the resource-based viewpoint shows that by improving companies' green knowledge bases, promoting green innovation, offering policy-driven incentives, and reducing financial constraints, the NEPL supports EGDR. Importantly, the law's effect shows notable diversity across various areas and technological settings, hence stressing notable variety. This research provides insightful analysis for legislators seeking to create more efficient environmental plans by revealing fresh pathways connecting regulatory enforcement to company resilience. In the end, this study deepens the knowledge of how regulatory regimes influence corporate green resilience and sustainability practices, hence enhancing the body of work on sustainable development.