The Impact of Heterogeneous Environmental Regulations on Enterprises Green Technology Innovation:The Moderating Effect Based on Government Support and Executive Green Cognition
As the saying goes:clear waters and green mountains are as valuable as mountains of gold and silver.How to take a good path of green and low-carbon development is an urgent issue of common con-cern for both the government and enterprises.This article is based on a sample of A-share listed compa-nies in Shanghai stock market and Shenzhen stock market from 2010 to 2020,and delves into the im-pact mechanism of heterogeneous environmental regulations on green technology innovation in enterpri-ses.At the same time,taking government support and executive green awareness as entry points,it ex-amines the moderating effect of internal and external factors faced by enterprises on the relationship between heterogeneous environmental regulations and green technology innovation in enterprises.Re-search has found that:firstly,the three types of environmental regulations can significantly and posi-tively affect green technology innovation in enterprises;secondly,government support significantly weakens the positive impact of three environmental regulations on enterprises green technology innova-tion;thirdly,executives'green awareness significantly strengthens the positive impact of command based and incentive based environmental regulations on enterprises green technology innovation,but significantly weakens the positive impact of public based environmental regulations on enterprises green technology innovation.The research conclusion of this article has important reference value for compre-hensively improving green technology innovation of Chinese enterprises from the macro and micro lev-els,and achieving coordinated development of economic,social and environmental protection.
Environmental Regulation ToolsGreen Technology InnovationGovernment SupportExecutive Green Awareness
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