Green finance, managerial myopia and corporate green innovation: Evidence from Chinese manufacturing listed companies

被引：19
|
作者：
Zhang, Xingyue [1 ]
Jiang, Fangxin [2 ]
Liu, Haizhou [3 ]
Liu, Ruizhi [4 ]
机构：
[1] Wuhan Univ, Sch Dong Fureng, Wuhan 430072, Peoples R China
[2] Hong Kong Univ Sci & Technol, Innovat Policy & Entrepreneurship Thrust Area, Guangzhou 510000, Peoples R China
[3] Beijing Univ Posts & Telecommun, Sch Econ & Management, Beijing 100876, Peoples R China
[4] Ocean Univ China, Management Coll, Qingdao 266100, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2023年 / 58卷
关键词：
Green finance; Managerial myopia; Green innovation;
D O I：
10.1016/j.frl.2023.104383
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
The impact of green finance on green innovation is supported by existing literatures, but rare studies query the relationship among such three variables. Using yearly data from China's A-share listed manufacturing firms (2007-2020), we find that green finance boosts green innovation, with managerial myopia moderating this effect. Notably, state-owned enterprises and those with higher management shareholding show more pronounced positive effects.
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页数：7
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