环境法庭、绿色信贷和企业碳减排

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-06-01 Epub Date: 2025-03-26 DOI:10.1016/j.frl.2025.107274

Yilin Li , Keying Li , Juan Li , Yinglong Zheng , Grace (Li) Tian , David (Han) Wang

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引用次数: 0

摘要

本文利用2008 - 2022年中国上市公司的数据，考察了环境法院和绿色信贷对企业碳减排的影响。研究结果表明，绿色信贷作为一种创新的金融政策工具，对降低企业碳足迹具有显著作用。此外，它还通过提高整体要素生产率间接支持向低碳经济转型。此外，环境法院积极影响绿色信贷在减少排放方面的有效性，尽管这种调节作用在不同所有权结构和污染水平的公司之间差异很大。

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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Environmental courts, green credit, and corporate carbon reduction

Using data from Chinese listed companies from 2008 to 2022, this study examines the impact of environmental courts and green credit on corporate carbon emission reduction. The findings indicate that green credit, as an innovative financial policy tool, significantly contributes to lowering corporate carbon footprints. Additionally, it indirectly supports the transition to a low-carbon economy by enhancing overall factor productivity. Moreover, environmental courts positively influence the effectiveness of green credit in reducing emissions, though this moderating effect varies considerably across firms with different ownership structures and pollution levels.

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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

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance