Environmental tax reform and green inventors: Evidence from Chinese listed companies

Geng Chen and Yikai Han

Finance Research Letters, 2025, vol. 76, issue C

Abstract: This study investigates the impact of the environmental tax reform in 2018 on enterprises' decisions of hiring new green inventors. We find that after the environmental tax reform, firms in heavy pollution industries will hire more green inventors than firms in low pollution industries. Additional analysis indicates that this influence is related to the nature of enterprise ownership, the degree of digital transformation, the ability of cost transfer along the supply chain and the level of local marketization. Our findings indicate that environmental tax reform can effectively enhance enterprises' environmental attention and promote their green development.

Keywords: Environmental tax reform; Green inventors; Heavy pollution; PSM-DID (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612325003162
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:76:y:2025:i:c:s1544612325003162

DOI: 10.1016/j.frl.2025.107052

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 ().