Green finance, managerial myopia and corporate green innovation: Evidence from Chinese manufacturing listed companies

Xingyue Zhang, Fangxin Jiang, Haizhou Liu and Ruizhi Liu

Finance Research Letters, 2023, vol. 58, issue PB

Abstract: The impact of green finance on green innovation is supported by existing literatures, but rare studies query the relationship among such three variables. Using yearly data from China's A-share listed manufacturing firms (2007–2020), we find that green finance boosts green innovation, with managerial myopia moderating this effect. Notably, state-owned enterprises and those with higher management shareholding show more pronounced positive effects.

Keywords: Green finance; Managerial myopia; Green innovation (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:58:y:2023:i:pb:s1544612323007559

DOI: 10.1016/j.frl.2023.104383

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