Environmental protection subsidies, green technology innovation and environmental performance: Evidence from China's heavy-polluting listed firms.

ABSTRACT: The heavy-polluting industry is inexorably to responsible for the deterioration of the environment. Improving environmental performance is an unavoidable decision for heavy-polluting firms to ensure sustainable development under the policy framework of the carbon peak target. This study provides theoretical and empirical evidence for the effect of environmental protection subsidies on environmental performance. This study constructs basic and mediating effect models to measure how environmental protection subsidies affect environmental performance using panel data of China's heavy-polluting listed firms from 2008 to 2019. This is an important outcome of industrial green transformation in environmental governance and provides a scientific basis for government departments to formulate enviro

SUBMITTER: Du C 

PROVIDER: S-EPMC9897542 | biostudies-literature | 2023

REPOSITORIES: biostudies-literature