Financial development, environmental regulation, and corporate green technology innovation: Evidence from Chinese listed companies

被引：14
|
作者：
Kong, Zhenhuan [1 ]
Du, Jianxiao [2 ]
Kong, Yilin [3 ]
Cui, Xiaoyu [4 ]
机构：
[1] Shandong Univ Finance & Econ, Sch Publ Finance & Taxat, Jinan 250014, Peoples R China
[2] Shandong Univ Finance & Econ, Sch Accountancy, Jinan 250014, Peoples R China
[3] Shandong Univ Finance & Econ, Sch Literature & Journalism, Jinan 250014, Peoples R China
[4] Southwestern Univ Finance & Econ, Sch Econ, Chengdu 611130, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 62卷
关键词：
Environmental regulation; Financial development; Green technology innovation; Difference; -in; -difference; -differences; Sustainable development; POLICY;
D O I：
10.1016/j.frl.2024.105122
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
Examining Chinese publicly listed companies from 2010 to 2018, our research employs a difference-in-difference-in-differences approach to assess the impact of environmental regulations on corporate green technology innovation, with a focus on the role of financial development in the Chinese context. We find that environmental regulations significantly boost green technology innovation, and this effect is further magnified by financial development. We observe variations in the influence of financial development on corporate green technology innovation across different geographical regions and ownership structures within China.
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页数：9
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