Green Finance and Corporate Green Innovation: Based on China’s Green Finance Reform and Innovation Pilot Policy

Green Finance and Corporate Green Innovation: Based on China’s Green Finance Reform and Innovation Pilot Policy Using data on China's A-share listed enterprises from 2012 to 2019, we investigate the impact of China's green finance reform and innovation pilot (GFRIP) policy on green innovation by the difference-in-difference (DID) method. The results show that the GFRIP policy has a significant role in promoting enterprises' green innovation. Heterogeneity analysis shows that the positive effect...