近日，我院青年教师万凯以第一作者身份在SSCI期刊 Applied Economics上发表论文Can green bonds promote corporate green technology innovation?——evidence from China，该期刊为SSCI二区期刊，ABS 2星。

论文题目

Can green bonds promote corporate green technology innovation？—evidence from China

论文摘要

The development of green finance is of great significance in promoting industrial transformation and upgrading, advancing the sustainable development of the regional economy, and realizing the goal of double carbon. To explore the effect of green bonds on corporate green technology innovation, this paper uses 856 quarterly data from 45 A-share listed companies that issued green bonds in China from 2016 to 2020, and establishes a double fixed-effects model to test the impact and mechanism of green bonds on corporate green technology innovation. The results show that the issuance of green bonds by enterprises can significantly promote green technological innovation of enterprises, and the promotion effect of green bonds on strategic green innovation is stronger compared with substantive green innovation; this promotion effect is more obvious in regions with high polluting enterprises and better bank competitiveness. Further analysis reveals that green bonds promote green technological innovation mainly by reducing the agency cost and financing cost of enterprises; the degree of equity checks and balances will weaken the promotion effect of green bonds on enterprises' green technological innovation.

作者简介

万凯，博士，西汉姆联赞助商必威app首页讲师。主要研究方向为低碳经济和技术创新，在Energy Policy、Journal of Cleaner Production、Applied Economics、Journal of Applied Economics、Applied Economics Letters、科学学与科学技术管理、软科学等国内外核心期刊上发表学术论文12篇。