绿色创新对企业财务绩效的影响：质量重要吗？

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE Finance Research Letters Pub Date : 2024-03-20 DOI:10.1016/j.frl.2024.105255

Liqian Liu , Amei Feng , Mingxia Liu

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引用次数: 0

摘要

绿色创新是实现社会可持续发展的新途径。本研究为绿色创新对企业财务绩效的影响提供了大量证据。以 2012 年至 2021 年中国 A 股上市公司为样本，我们发现绿色创新能显著提高企业财务绩效。然而，这种积极效应只存在于高质量的绿色创新中。此外，我们的机理分析表明，高质量的绿色创新通过竞争力提升效应有效改善了企业的财务绩效。

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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The effect of green innovation on corporate financial performance: Does quality matter?

Green innovation is a new path toward sustainable social development. This study provides substantial evidence of the effects of green innovation on corporate financial performance. Using a sample of Chinese A-share listed companies from 2012 to 2021, we find that green innovation significantly improves corporate financial performance. However, this positive effect only exists in high-quality green innovation. Further, our mechanism analysis indicates that high-quality green innovation effectively improves firms' financial performance through competitiveness improvement effect.

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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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