经济政策不确定性、ESG评级与企业绿色创新
Economic Policy Uncertainty,ESG Rating and Corporate Green Innovation
李琼 1陈烨宁2
作者信息
- 1. 湖北工业大学 经济与管理学院,湖北 武汉 430068;湖北循环经济发展中心,湖北 武汉 430068
- 2. 湖北工业大学 经济与管理学院,湖北 武汉 430068
- 折叠
摘要
文章以 2009-2021 年中国沪深A股上市公司为实证研究样本,探究了经济政策不确定性对企业绿色创新的影响,并分析了ESG评级在其中的调节作用.研究结果表明,经济政策不确定性会促进企业绿色创新,且对企业策略性绿色创新的影响明显强于实质性绿色创新.调节效应结果表明,ESG评级可以强化企业绿色创新导向,在经济政策不确定性和绿色创新之间产生显著的正向调节效应.从产权性质和行业类型来看,在国有企业和重污染行业中,经济政策不确定性对于绿色创新的激励效应更为显著.
Abstract
Taking China's A-share listed companies from 2009 to 2021 as empirical research samples,this paper explores the impact of economic policy uncertainty on corporate green innovation,and analyzes the moderating effect of ESG rating.The results show that economic policy uncertainty will promote corporate green innovation,and the impact on strategic green innovation is significantly stronger than substantive green innovation.The moderating effect results show that ESG rating can strengthen the green innovation orientation of enterprises and produce a significant positive moderating effect between economic policy uncertainty and green innovation.From the property right nature and industry type,in state-owned enterprises and heavily polluting industries,economic policy uncertainty has a more significant incentive effect on green innovation.
关键词
经济政策不确定性/ESG评级/企业绿色创新Key words
economic policy uncertainty/ESG rating/corporate green innovation引用本文复制引用
出版年
2024
NETL
NSTL
维普
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