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Green Credit Policy, Analyst Attention, and Corporate Green Innovation
As global sustainability goals gain importance, fostering green innovation has become critical for businesses to reduce environmental impact and enhance sustainability. Green credit policies, which incentivize firms to adopt eco-friendly practices, are a powerful tool in encouraging green innovation.
Fan, Li, Xu, Weidong
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The impact of China’s green credit policy on the innovation of manufacturing enterprises
This study empirically investigated the effects of green credit policies on corporate innovation in China, utilizing panel data for A-share listed manufacturing companies from 2008 to 2022. The analysis employed double-difference models, with the 2012 introduction of the Green Credit Guidelines treated as an exogenous shock.
Sun, Guanglin +3 more
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Green credit policy, credit discrimination and corporate debt financing
Using the data of listed companies and the DID method, this paper reveals three ways in which green credit policy (GCP) affects corporate debt financing. By controlling credit input, GCP can effectively restrain corporate debt financing in the “two-high”
Junjie Guo, Ying Fang
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In China's carbon emission structure, the energy sector accounts for approximately 80 % of carbon emissions. Green technology innovation within the energy sector is therefore critical for China to attain its “carbon peaking and carbon neutrality” goals ...
Na Zhang +3 more
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Green credit policy, media pressure, and corporate green innovation
Nan Qiao, Bohan Xu
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Real green or fake green? Impact of green credit policy on corporate ESG performance
This study examines the effect of the 2012 introduction of the “Green Credit Guidelines” on the Environmental, Social, and Governance (ESG) performance of polluting enterprises listed on the Chinese A-share market from 2009 to 2019. Using a quasi-natural
Yangjie Liao, Xiaokun Zhou
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Resource Allocation Effect of Green Credit Policy: Based on DID Model
From the perspective of the policy impact effect, this paper takes green enterprises as the treatment group and polluters as the control group. Firstly, the double difference method (DID) was adopted to study the effect of green credit policy on ...
Guangyou Zhou, Chen Liu, Sumei Luo
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This study uses the introduction of the Green Credit Guidelines in 2012 as a quasi-natural experiment. We selected Chinese A-share listed enterprises from 2004 to 2020 as the sample and applied PSM-DID to examine the impact of green credit policy on the ...
Xiaoqiu Li, Yiling Lu
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Green credit, business investment and new bank loans [PDF]
Based on the entropy weight TOPSIS method, this paper classifies the A-share listed companies from 2007 to 2020 into green enterprises and heavy pollution enterprises, and empirically studies the impact of green credit policy on enterprise investment ...
Xu Yuanchun, Zhang Xiujun
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: China attempts to achieve energy conservation, emission reduction and environmental protection through the implementation of the green credit policy, but its implementation impact is still controversial.
Sheng Wu, Liangpeng Wu, Xianglian Zhao
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