Effects of China's low carbon pilot city policy on corporate green innovation: Considering the mediating role of public environmental concern

发表日期：2024-06-04

作者：Yu Li;Mohd Hasimi Yaacob;Tao Xie

单位：Fakulti Ekonomi dan Pengurusan;Universiti Kebangsaan Malaysia;Selangor 43600;School of Statistics and Data Science;Jiangxi University of Finance and Economics;Nanchang 330013;China

期刊：Finance Research Letters.

摘要：This manuscript investigates the impact of China's Low Carbon Pilot City Policy on corporate green innovation, focusing on the mediating role of public environmental concern. Through empirical analysis, it aims to re-examine the Porter Hypothesis within this context. The study uses a multi-period difference-in-differences method to analyze the policy's effects and incorporates public environmental concern as a mediator. Findings suggest the policy positively influences corporate green innovation and that public concern plays a crucial mediating role, offering insights for policy formulation and corporate strategy towards sustainable innovation.

关键词：Low carbon pilot city policy;Corporate green innovation;Public environmental concern;DID

链接：Effects of China's low carbon pilot city policy on corporate green innovation: Considering the mediating role of public environmental concern