Will ESG Performance Drive Green Technology Innovation?
Under the goal of Chinese-style modernization,green technology innovation is an important way for enterprise low-carbon transformation.Taking China's A-share listed companies from 2011 to 2022 as the empirical research sample,the impact of ESG performance on green technology innovation was analyzed.It has found that ESG performance of enterprises can enhance their own level of green technology innovation,which is more obvious in state-owned enterprises,enterprises in the eastern region,and high-tech enterprises.Mechanism analysis shows that reducing financing constraints and increasing R&D are the two major channels for ESG performance to drive enterprises to improve their level of green technology innovation.Based on research findings,it has certain reference value for promoting green technology innovation in enterprises and further achieving high-quality development.
NETL
NSTL
万方数据
