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Effect of the sci-tech finance pilot policy on corporate environmental information disclosure—moderating role of green credit
Zhao, Guomeng1; Xin, Zijun2; Wang, Yifeng3
2024-03-01
Source PublicationFinance Research Letters
ABS Journal Level2
ISSN1544-6123
Volume62Pages:105177
Abstract

To balance economic development with environmental sustainability, the Chinese government has introduced various initiatives, including the sci-tech finance pilot policy and green credit policy. This study investigates the relationship between sci-tech finance pilot policy, corporate environmental information disclosure and green credit level based on data from China's A-share listed companies during 2008–2022. This research finds that: (1) the implementation of sci-tech finance pilot policy has a positive effect on promoting corporate environmental information disclosure; (2) green credit plays a crucial role in moderating this positive relationship; (3) the pilot policy has a more significant impact on the disclosure of companies in eastern regions and on state-owned enterprises. This research also provides insights for future steps in strengthening and deepening the development strategies for government, financial institutions, and companies.

KeywordCorporate Environmental Information Disclosure Green Credit Sci-tech Finance Pilot Policy
DOI10.1016/j.frl.2024.105177
URLView the original
Indexed BySSCI
Language英語English
WOS Research AreaBusiness & Economics
WOS SubjectBusiness, Finance
WOS IDWOS:001221240200001
PublisherACADEMIC PRESS INC ELSEVIER SCIENCE525 B ST, STE 1900, SAN DIEGO, CA 92101-4495
Scopus ID2-s2.0-85187928017
Fulltext Access
Citation statistics
Document TypeJournal article
CollectionDEPARTMENT OF ACCOUNTING AND INFORMATION MANAGEMENT
Corresponding AuthorWang, Yifeng
Affiliation1.Faculty of Economics and Business, Henan Polytechnic Institute, Nanyang, 473000, China
2.Department of Accounting and Information Management, Faculty of Business Administration, University of Macau, Taipa, Macau, China
3.Law School, Zhongnan University of Economics and Law, Wuhan, 430073, China
Recommended Citation
GB/T 7714
Zhao, Guomeng,Xin, Zijun,Wang, Yifeng. Effect of the sci-tech finance pilot policy on corporate environmental information disclosure—moderating role of green credit[J]. Finance Research Letters, 2024, 62, 105177.
APA Zhao, Guomeng., Xin, Zijun., & Wang, Yifeng (2024). Effect of the sci-tech finance pilot policy on corporate environmental information disclosure—moderating role of green credit. Finance Research Letters, 62, 105177.
MLA Zhao, Guomeng,et al."Effect of the sci-tech finance pilot policy on corporate environmental information disclosure—moderating role of green credit".Finance Research Letters 62(2024):105177.
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