Does Financialization Alleviate the Funding Dilemma of Green Innovation in Heavily Polluting Firms?: Evidence from China’s A-Share Listed Companies

Does Financialization Alleviate the Funding Dilemma of Green Innovation in Heavily Polluting Firms?: Evidence from China’s A-Share Listed Companies

Green innovation in heavily polluting firms is crucial for sustainable development, yet financial constraints remain a major barrier. This study employs a Spatial Durbin Model to analyze how financialization influences green innovation in China’s A-share listed firms. The results indicate that finan...

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Bibliographic Details
Main Authors: Zifeng Zhong, Shaoxiong Wu, Jieying Hu, Liting Fang, Kunming Li
Format: Article
Language:English
Published: MDPI AG 2025-03-01
Series:Systems
Subjects:
heavily polluting firms’ financialization
green innovation
spatial Durbin model
Online Access:https://www.mdpi.com/2079-8954/13/3/192
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