"双碳"背景下连锁机构投资者对企业绿色创新的影响
Influence of Chain Institutional Investors on Enterprise Green Innovation under the Background of"Double Carbon"
刘颖 1刘杉1
作者信息
- 1. 西安财经大学商学院,西安 710100
- 折叠
摘要
在响应国家"双碳"战略的大背景下,绿色创新已然成为企业高质量发展的关键途径.以2011-2022年我国A股市场上市公司为样本,分析了连锁机构投资者对企业绿色创新活动的推动作用.研究发现,连锁机构投资者的参与能够显著促进企业绿色创新水平的提升;可以通过降低代理成本从而发挥治理效应促进企业绿色创新;对于非国有型企业、非高技术领域企业以及重污染行业企业,其促进作用更突出.
Abstract
In response to the national"double carbon"strategy,green innovation has become a key way for enterprises to develop with high quality.Taking the listed companies in China's A-share market from 2011 to 2022 as samples,the role of chain institutional investors in promoting green innovation activities of enterprises was analyzed.The results show that the participation of chain institutional investors can significantly promote the level of green innovation of enterprises.By reducing agency costs,the governance effect can promote green innovation of enterprises.For non-state-owned enterprises,enterprises in non-high-tech fields and enterprises in heavily polluting industries,the promotion role is more prominent.
关键词
连锁机构投资者/企业绿色创新/代理成本/高质量发展Key words
chain institutional investors/green innovation of enterprises/agency costs/high quality development引用本文复制引用
出版年
2024