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Do environmental, social, and governance scores improve green innovation? Empirical evidence from Chinese-listed companies.


ABSTRACT: Environmental, social, and governance (ESG) has become a buzzword in investment circles as ecological damage and climate warming occur. ESG assessment is one of the important institutions of the green financial system, which plays a significant part in boosting corporate green development. We use the number of green patent applications and green patent citations to measure corporate green innovation and analyze the micro-green effects of the ESG score system using the panel fixed effects models, which means that we explore the impact of the ESG scores on corporate green innovation performance, the specific mechanism of this effect, and the asymmetry of this impact under different moderation effects by using Chinese listed A-shares in Shanghai and Shenzhen from 2010-2019 as our research sam

SUBMITTER: Zhang C 

PROVIDER: S-EPMC10212161 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature