工业技术经济2024，Vol.43Issue(8)：68-78,11.DOI:10.3969/j.issn.1004-910X.2024.08.006
银企距离与企业绿色创新绩效
The Effect of Shorter"Borrower-lender"Distance on Firms'Green R&D Outcomes
摘要
Abstract
Firms's green innovation behavior is impeded by information asymmetry as well as firm's financial constraints.How to solve the problems faced by enterprises in green innovation behavior through financial development is the focus of all sides.The paper combines the sample data of A-share listed companies from the year 2012 to 2023,the bank branch data published by the China Banking Regulatory Commission,and green patent application data to analyze the shortening of"borrower－lender"dis-tance on firm's green innovation outcomes.Research shows that shorter"borrower－lender"distance could significantly improve firms'green innovation outcomes,and the effect above is achieved by firms'greater financial availability and better information dis-closure quality.Furthermore,the increase of firms'green innovation outcomes could also boost firms'TFP and ESG grading.This article further enriches the impact of financial support on firms'green innovation outcomes,and has important practical significance on how to solve the problem of insufficient incentive for green innovation in enterprises through financial development,thus promo-ting the unity of economic and environmental benefits.关键词
银企距离/绿色创新/融资约束/信息披露质量/高质量发展/TFP/ESG/普惠金融Key words
borrower-lender distance/firms'green R&D outcomes/finance constraint/information disclosure quality/high－quality development/TFP/ESG/inclusive finance分类
管理科学引用本文复制引用
苗翠芬,俞毛毛..银企距离与企业绿色创新绩效[J].工业技术经济,2024,43(8):68-78,11.基金项目
中国社会科学院青年科研启动项目"国际数字协定对数字服务贸易发展的影响及对策研究"(项目编号:2023YQNQD061). （项目编号:2023YQNQD061）
