Investors’ online searching and green knowledge dissemination

Bohui Wen, Yulin Yan, Jing Hao and Feng He

Finance Research Letters, 2023, vol. 54, issue C

Abstract: The dissemination of green knowledge can effectively promote knowledge sharing and facilitate green technology innovation, which is important for mitigating climate risk at the microenterprise level. This study focuses on the effect of retail investors’ internet information search behavior on the dissemination of corporate green knowledge. Using the investors’ online searching volume and green patent citations of Chinese publicly listed companies from 2011 to 2020, we find that retail investors’ online searching has a significant positive impact on the green information dissemination of firms. Online media coverage and social media posts could effectively moderate this relationship and improve green knowledge sharing.

Keywords: Investors’ searching; Green patent citation; Information dissemination; Green innovation; Chinese market (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:54:y:2023:i:c:s1544612323000600

DOI: 10.1016/j.frl.2023.103686

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