Frontiers in Environmental Science,
Journal Year:
2025,
Volume and Issue:
13
Published: March 10, 2025
Sustainable
development
comes
from
a
balance
between
economic
growth
and
environmental
protection,
with
due
consideration
of
long-term
impacts
on
environment.
Leveraging
policy
tools
to
promote
green
innovation
is
critical
strategy
for
achieving
this
objective.
This
paper
examines
the
impact
high-tech
certification
corporate
innovation,
distinguishing
substantive
strategic
innovation.
It
develops
theoretical
framework
analyze
how
influences
enterprise
through
mechanisms
such
as
tax
preferences,
government
subsidies,
financing
constraints,
leveraging
capital
market
attention.
The
study
employs
zero-inflated
negative
binomial
regression
model
utilizes
data
A-share
listed
companies
2006
2023
systematically
assess
strategies,
underlying
mechanisms,
their
heterogeneity.
research
discovers
that
in
general,
significantly
promotes
having
more
prominent
facilitating
effect
resulting
certain
degree
patent
false
prosperity.
From
perspective
increases
resources
actually
obtained
by
enterprises
preferences
subsidies
alleviates
thereby
guiding
undertake
innovation;
while
enhancing
attention
expected
enterprises,
prompting
be
inclined
towards
Further
analysis
reveals
varies
across
different
ownership
structures,
industries,
regions.
Specifically,
state-owned
technology-intensive
sectors,
located
central
regions,
positive
particularly
pronounced.
contributes
literature
strategies
offering
robust
empirical
evidence
optimizing
design,
mitigating
arbitrage,
preventing
bubbles.
International Review of Economics & Finance,
Journal Year:
2024,
Volume and Issue:
95, P. 103462 - 103462
Published: July 27, 2024
This
study
presents
novel
insights
on
modelling
the
implications
of
voluntary
climate-related
information
disclosure
corporate
green
innovation
(GI)
in
China.
Based
a
constructed
dataset
13,664
firm-year
observations
between
2014
and
2020,
we
quantify
disclosures
under
Task
Force
Climate-Related
Financial
Disclosures
framework
using
computerized
text
analysis.
Our
findings
show
that
substantially
bolsters
after
addressing
endogeneity
concerns.
However,
promoting
effects
vary
drastically
across
industry
attributes,
ownership
structure,
environmental
regulations.
Further
channel
analysis
demonstrates
"greenwashing"
behaviours
financial
constraints
adversely
moderate
nexus
firms,
while
digital
finance
positively
moderates
it.
Overall,
this
enriches
literature
offers
practical
for
firms
engaging
process
more
effectively
transparent
environment-related
system.
Applied Economics,
Journal Year:
2024,
Volume and Issue:
unknown, P. 1 - 21
Published: Feb. 2, 2024
Government
subsidies
are
essential
in
guiding
enterprises'
transformation
and
development.
In
the
face
of
green
dilemma
for
businesses
during
transition
from
old
to
new
growth
drivers,
it
is
crucial
investigate
whether
government
can
further
enhance
their
effectiveness.
We
utilize
a
panel
dataset
Chinese
listed
companies
2007
2021
explore
relationship
between
innovation
(GINN),
with
specific
focus
on
moderating
effect
marketization.
find
that
not
only
significantly
promote
substantive
(UGINN)
strategic
(TGINN)
but
also
improve
business
performance.
The
model
demonstrates
presence
market
failure
GINN.
show
marketization
index
(MI),
environmental
information
disclosure
(EDI),
highly
polluting
industries
(HPI),
manufacturing
(MF)
have
significant
effects.
mechanism
analysis
elucidates
GINN
by
encouraging
increased
R&D
investments.
However,
note
these
lead
inefficient
investments
enterprises,
resulting
waste
resources.
offer
enlightenment
understanding
government's
role
promoting
enterprises
improving
relevant
subsidy
policies.
