安徽工程大学学报2025,Vol.40Issue(1):64-71,8.
ESG评级、CEO开放性与企业绿色创新
ESG Rating,CEO Openness and Corporate Green Innovation
摘要
Abstract
Based on the samples of listed companies in China's heavily polluting industries from 2015 to 2022,this paper empirically analyzes the impact of ESG ratings on the green innovation of listed companies in heavily polluting industries and the moderating effect of CEO openness on the above relationship.The results show that ESG rating can significantly improve the level of green innovation of listed companies in heavily polluting industries,and has a significant positive impact on the number of green patent applications and green patent authorizations.The results of the moderating effect test show that the degree of CEO openness has a significant positive moderating effect on the relationship between ESG rating and green innovation of listed companies in heavily polluting industries.Further analysis results show that ESG ratings are more conducive to promoting green innovation of listed companies in heavily polluting industries in the eastern and central regions.Integrating the market pressure hypothesis and stakeholder theory,this paper expands the literature research on the influencing factors of corporate green innovation,the economic consequences of ESG ratings and the openness of CEOs,and provides a basic framework for enterprises to further strengthen the management system related to ESG rating and green innovation.关键词
ESG评级/绿色创新/CEO开放性/市场压力假说/利益相关者理论Key words
ESG rating/green innovation/CEO openness/market pressure hypothesis/stakeholder theory分类
经济学引用本文复制引用
梁雨晴,朱敏,杜凤..ESG评级、CEO开放性与企业绿色创新[J].安徽工程大学学报,2025,40(1):64-71,8.基金项目
安徽省自然科学基金面上项目(2108085MG245) (2108085MG245)