过多的绿色投资是否有利于企业的可持续发展绩效？

IF 8.7 2区经济学 Q1 ECONOMICS

Economic Analysis and Policy Pub Date : 2025-08-11 DOI:10.1016/j.eap.2025.08.015

Aiping Zhu, Qing Chen

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引用次数: 0

摘要

本文利用2009-2023年中国a股上市公司的数据，探讨绿色投资对企业可持续发展的影响。结果表明，适度的绿色投资最能提高可持续性。严格的环境法规和较低的融资约束促进了积极效应。本研究创新性地考察了绿色投资对金融和环境绩效的影响，揭示了其复杂的机制。本研究扩展了对绩效结果的理解，并为优化绿色投资策略以促进企业可持续发展提供了见解。

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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Is too much green investment a good thing for corporate sustainable development performance?

This paper explores how green investment impacts corporate sustainable development using data from China's A-share listed companies (2009–2023). It finds an inverted U-shaped relationship, suggesting moderate green investment best enhances sustainability. Strict environmental regulations and low financing constraints boost positive effects. The study innovatively examines green investment's impact on financial and environmental performance, revealing its complex mechanisms. This research expands understanding of performance outcomes and offers insights for optimizing green investment strategies to promote sustainable enterprise development.

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来源期刊

Economic Analysis and Policy ECONOMICS-

CiteScore

9.80

自引率

9.20%

发文量

231

审稿时长

93 days

期刊介绍： Economic Analysis and Policy (established 1970) publishes articles from all branches of economics with a particular focus on research, theoretical and applied, which has strong policy relevance. The journal also publishes survey articles and empirical replications on key policy issues. Authors are expected to highlight the main insights in a non-technical introduction and in the conclusion.