Can I read Green Credit Guideline and Enterprise Export Green-sophistication on EtoBox?

Green Credit Guideline and Enterprise Export Green-sophistication by Chaobo Zhou; Zhengxin Sun; Shaozhou Qi; Yuankun Li; Heyu Gao is a Environmental Science article available to read on EtoBox.

What is Green Credit Guideline and Enterprise Export Green-sophistication about?

Green credit is a major policy innovation to guide enterprises to participate in environmental governance actively. This study uses the data of Chinese A-share listed companies from 2007 to 2016, takes the green credit guideline (GCG) issued in 2012 as a quasi-natural experiment, and uses a difference in difference (DID) model to test the effect of GCG on the enterprises' export green-sophistication (EGS) and its internal and external mechanisms. The study finds that GCG improves enterprises' EGS and research and development (R&D) investment is the intermediation channel for GCG to affect EGS. Results of heterogeneity analysis show that the role of GCG in promoting EGS is significantly reflected in enterprises that the government does not subsidize, enterprises in areas with a low degree of financial marketization development, state-owned enterprises, and enterprises with a high degree of equity incentive.

Who reads Green Credit Guideline and Enterprise Export Green-sophistication?

Author

Chaobo Zhou; Zhengxin Sun; Shaozhou Qi; Yuankun Li; Heyu Gao

Publisher

Elsevier BV

Published

2023

Language

EN

Field

Environmental Science (Physical Sciences)