Exploring the Influence of Media Environmental Reporting on Corporate Green Technology Innovation
Using data from Chinese A-share listed companies from 2007 to 2022 as a sample,this paper employs machine learning text analysis methods to identify environmental news reports and their sentiment.It empirically examines the impact of media environmental reporting on corporate green technology innovation and explores the underlying mechanisms.Results show that both positive media environmental reporting and negative media environmental reporting can promote corporate green technology innovation.The mechanism analysis shows that positive media environmental reporting can increase corporate green credit limits and investment in green technology innovation,while negative media environmental reporting can mitigate managerial myopia and improve corporate environmental responsibility performance.In terms of heterogeneity analysis,negative policy-oriented media coverage and positive financial media coverage are more likely to promote the quantity and quality of corporate green technology innovation.
media environmental reportingmedia sentimentcorporate green technology innovationpatent quantitypatent quality
万方数据
