Green Credit Guideline Influencing Enterprises’ Green Transformation in China

نویسندگان

چکیده

To achieve high-quality corporate development, it is essential to undergo green transformation. Unlike previous literature, this paper explores relevant mechanisms affecting firms’ transformation from a novel perspective of credit guidelines (GCG). Using A-share listed industrial enterprises in China 2010 2020 as sample, we combine the generalized moment estimation model (GMM) with difference-in-difference (DID) and demonstrate that (1) GCG significantly promotes enterprises’ measured by method super-efficient Slacks-Based Measure Data Envelopment Analysis (SBM-DEA). (2) tends improve technology innovation, which further facilitates transformation, social responsibility (CSR) reinforces positive relationship between Correspondingly, provide policy recommendations for other developing countries.

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ژورنال

عنوان ژورنال: Sustainability

سال: 2023

ISSN: ['2071-1050']

DOI: https://doi.org/10.3390/su151512094