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Research on the Impact of Green Credit on Corporate Green Innovation under the Dual-Carbon Goals Context

Ping Wang

Abstract


Through a case analysis of Wanbangda Company, this paper examines the responses of environmentally friendly enterprises to the
implementation of green credit policies by using the introduction of major green credit policies as a juncture. By comparing with Bayi Steel,
the study reveals that green credit policies exert varying degrees of impact on the long-term and short-term borrowing levels of case companies. In terms of financial performance, short-term profitability declines due to increased costs from patent and other factors, while green
innovation capabilities show significant long-term enhancement. The paper further proposes recommendations from multiple perspectives,
including enterprises, governments, and financial institutions.

Keywords


Dual-carbon context; Green credit; Green innovation

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References


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[2] Wang Xin, Wang Ying. Green Credit Policy and Green Innovation: A Study on Its Promoting Effects J. Management World, 2021,

37(06): 173-188+11.

[3] Zhao Na. Does Green Credit Promote Regional Green Technology Innovation? Evidence from Regional Green Patent Data J. Economic

Issues, 2021(06): 33-39.

[4] Sun Yanlin, Shi Boshu. The Impact of Green Credit Policy on Corporate Innovation: An Empirical Study Based on the PSM-DID Model

J. Ecological Economy, 2019, 35(07): 87-91+160.

[5] Zhong Youhui, Yang Zhijiang. Are State-Owned Enterprises More Willing to Engage in Green Technology Innovation? Evidence from

Listed Manufacturing Companies J. Journal of Yunnan University of Finance and Economics, 2021, 37(05): 88-98.




DOI: http://dx.doi.org/10.70711/memf.v2i6.6901

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