Green finance and corporate green innovation

被引:1
|
作者
Lei, Hao [1 ]
Gao, Renyuan [2 ]
Ning, Chutong [3 ]
Sun, Guanglin [3 ,4 ]
机构
[1] Renmin Univ China, Sch Finance, Beijing 100086, Peoples R China
[2] Anhui Univ, Dept Sociol, Hefei 230039, Anhui, Peoples R China
[3] Nanjing Univ Finance & Econ, Sch Finance, Nanjing 210023, Peoples R China
[4] Hubei Univ Econ, Collaborat Innovat Ctr Emiss Trading Syst Coconstr, Wuhan 430205, Peoples R China
关键词
Green finance; Corporate green innovation; Financing constraint; Research and development investment;
D O I
10.1016/j.frl.2024.106577
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This study examined the impact of green finance on corporate green innovation in China. We explored how green finance mitigates financing constraints and encourages research and development (R&D) investment to foster green innovation using panel data from Chinese A-share listed firms from 2012 to 2021. The findings indicate that green finance mitigates financing constraints and encourages R&D investment. The results offer valuable insights for policymakers to strengthen green finance policies while facilitating sustainability in corporate development.
引用
收藏
页数:7
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