Corporate social responsibility (CSR) performance and green innovation: Evidence from China

被引：207

作者：

Hao, Jing ^{[1
]}

He, Feng ^{[1
,2
]}

机构：

[1] Tianjin Univ Finance & Econ, Sch Finance, Tianjin 300222, Peoples R China

[2] Loboratory Fintech & Risk Management, Tianjin 300222, Peoples R China

来源：

FINANCE RESEARCH LETTERS | 2022年 / 48卷

关键词：

CSR; Green innovation; Green patent; Chinese market;

D O I：

10.1016/j.frl.2022.102889

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Green innovation is an important way for firms to achieve both economic benefits and environmental protection in the long term. We focus on the influence of corporate social responsibility (CSR) on firms' green innovation. Using the CSR rating and green patent data in the Chinese market from 2008 to 2019, we find that CSR performance has a significant positive impact on firms' green patent application and granted amount. Furthermore, this effect is stronger in firms with higher transparency and firms with larger institutional ownership.

引用

页数：8

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