Taking heavily polluting listed companies from 2012 to 2022 as research samples,and uses textual analysis to explore whether analysts'attention to environmental information can improve the green investment in heavily polluting enterprises.The research reveals that analysts'attention to environmental information significantly improves the level of green investment in heavily polluting companies.The mechanism analysis indicates that the quality of green information disclosure and performance pressure play a partial mediating role,while environmental regulation plays a positive moderating role.The heterogeneity analysis reveals that analysts'attention has a more pronounced facilitating effect on state-owned enterprises and enterprises in eastern regions.The research conclusions provide a new perspective for exploring the driving factors of corporate green investment and have practical significance for promoting environmental pollution prevention and achieving carbon peaking and carbon neutrality goals.
green investmentanalysts'attentionquality of green information disclosureperformance pressureenvironmental regulation
万方数据
维普
