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Local Attention to Environment and Green Innovation: Evidence from Listed Manufacturing Companies in 120 Cities in China.

Authors :
Xu, Jianling
Hong, Jiao
Zhou, Zhiyuan
Source :
Emerging Markets Finance & Trade; 2023, Vol. 59 Issue 4, p1062-1073, 12p, 6 Charts
Publication Year :
2023

Abstract

This paper conducts a textual analysis of the reports on the work of local governments to measure local governments' attention to environmental governance and study the impact of these concerns on corporate green innovation. We find evidence that local governments' attention to the environment will significantly improve corporate green innovation, and the government can promote the green technology innovation of enterprises by providing support and strengthening supervision. Further research shows that the uniformity between the central and local governments and environmental attention pressure from higher-level government reinforce the influence of local environmental attention on corporate green innovation. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
1540496X
Volume :
59
Issue :
4
Database :
Complementary Index
Journal :
Emerging Markets Finance & Trade
Publication Type :
Academic Journal
Accession number :
162844486
Full Text :
https://doi.org/10.1080/1540496X.2022.2128753