Managerial and Decision Economics, Год журнала: 2024, Номер unknown
Опубликована: Сен. 18, 2024
Abstract The goals of carbon peak and neutrality have gained significant attention in China. Carbon‐intensive corporates are tasked with decoupling economic growth from emissions. This research examines their potential for financialization based on the compulsory fulfillment requirement emission allowances emission‐free characteristics financial assets. finds that policy significantly promotes to allocate more capital toward business operations real economy. It leads an increase capacity utilization efficiency profitability main business. findings support has a positive impact
Язык: Английский