Government Subsidies,Accounting Information Quality,and Incentives for Green Innovation in Enterprises—Take Western Regions of China as an Example
Promoting a green transformation of development mode is crucial,with technological support playing a key role.Based on data from China's A-share listed companies in western regions from 2011 to 2020,this study empirically analyzes the nonlinear relationship between government subsidies and corporate green innovation,as well as the moderating effect of ac-counting information quality.The findings reveal a positive U-shaped relationship between government subsidies and corporate green innovation,initially declining and then rising.Effective promotion of corporate green innovation is achieved only when government subsidies reach a certain critical threshold,with a more significant effect observed for state-owned enterprises.The analysis of moderation effects further indicates that in high accounting information quality contexts,the positive U-shaped rela-tionship between government subsidies and corporate green innovation is significantly strengthened.Moreover,for state-owned enterprises,non-specific subsidies are more effective in stimulating green innovation beyond the critical threshold.These re-search findings provide theoretical foundations and practical insights for the formulation of relevant innovation incentive poli-cies by the government and the promotion of corporate green innovation.
government subsidiesgreen innovationaccounting information quality
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