Impact of ESG Performance of Heavy Polluting Firms on Green Innovation
By empirically analyzing the heavy polluting firms in Shanghai and Shenzhen A-shares from 2009 to 2021,this study deeply explores the impact and mechanism of corporate ESG performance on their realization of green innovation.The study finds that good ESG performance of heavy polluting firms can significantly enhance their green innovation capability.The mechanism analysis reveals that ESG performance can enhance the green innovation capability of firms by alleviating their financing constraints.The research conclusion of the article provides some inspiration for China's heavy polluting firms to improve their ESG performance and strengthen their green innovation capabilities.
NETL
NSTL
万方数据
