Impact of environmental information disclosure on green technology innovation:Evidence from China's Listed Companies

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-10-28 DOI:10.1016/j.frl.2024.106375

Nan Wang , Gang Yang , Jin Wu , Lv Wenya

引用次数: 0

Abstract

This study investigates the effect of environmental information disclosure on corporate green technology innovation. Based on environmental information disclosure data and green technology innovation, we find that the environmental quantity and quality of disclosure have a significant positive impact on corporate green technology innovation, but the effect is mainly effective in non-state-owned enterprises. Further analysis shows that the enhanced green technology innovation could be attributed to alleviating financing constraints and improving business performance. The results of this study provide evidence that further deepening the environmental information disclosure system will contribute to the green transformation and development of enterprises.

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环境信息披露对绿色技术创新的影响：来自中国上市公司的证据

本研究探讨了环境信息披露对企业绿色技术创新的影响。基于环境信息披露数据和绿色技术创新，我们发现环境信息披露的数量和质量对企业绿色技术创新有显著的正向影响，但这种影响主要在非国有企业中有效。进一步分析表明，绿色技术创新的增强可归因于融资约束的缓解和经营绩效的改善。研究结果证明，进一步深化环境信息披露制度将有助于企业的绿色转型和发展。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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