The impact of bank credit corruption on firms' carbon emission reduction innovations: Empirical evidence from China

Linlin Rui, Wenyan Sun and Fangyuan Xu

Finance Research Letters, 2024, vol. 60, issue C

Abstract: The study investigates the impact of bank lending corruption on enterprises' carbon emission reduction innovation behavior by analyzing data from the 2011–2020 China Enterprise Investment Environment Survey. The empirical findings highlight the significant influence of bank lending corruption on company carbon emission reduction innovation potential. Furthermore, the article focuses on the mechanism by which bank credit corruption affects firms' carbon emission reduction innovation ability, and discovers that bank credit corruption has a considerable impact on firms' assets, undermining firms' carbon emission reduction innovation and traditional energy companies and businesses in highly marketized areas are more negatively impacted by bank loan misconduct.

Keywords: Credit corruption; Carbon emission reduction innovation; Credit allocation (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612323012564
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:60:y:2024:i:c:s1544612323012564

DOI: 10.1016/j.frl.2023.104884

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().