Green finance engagement: An empirical study of listed companies on Chinese main board
Using textual analysis, this paper divides green finance into green initiatives and green business activities. The former discusses whether environmental initiatives shall be signed, while the latter explores whether various emerging green commodities and services are provided. This paper investigat...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
AIMS Press
2023-01-01
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| Series: | Green Finance |
| Subjects: | |
| Online Access: | https://www.aimspress.com/article/doi/10.3934/GF.2023001?viewType=HTML |
| _version_ | 1797826896535224320 |
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| author | Yicong Huang Kaidong Yu Chao Huang |
| author_facet | Yicong Huang Kaidong Yu Chao Huang |
| author_sort | Yicong Huang |
| collection | DOAJ |
| description | Using textual analysis, this paper divides green finance into green initiatives and green business activities. The former discusses whether environmental initiatives shall be signed, while the latter explores whether various emerging green commodities and services are provided. This paper investigates the influence of corporate size, the degree of internationalization, profits and competitiveness on the engagement degree of green finance, according to data collected from 410 Chinese listed companies on the Shanghai Stock Exchange. The results show that corporate size exerts a positive influence on green initiatives, and that the degree of internationalization, profits and corporate competitiveness of an enterprise each have a significant effect on green business activities. In addition, profits have a negative influence on green business activities. This paper provides insights and suggestions for developing green business activities in China. |
| first_indexed | 2024-04-09T12:39:37Z |
| format | Article |
| id | doaj.art-4a29385bd1454f5e9a0a470aeced4cfb |
| institution | Directory Open Access Journal |
| issn | 2643-1092 |
| language | English |
| last_indexed | 2024-04-09T12:39:37Z |
| publishDate | 2023-01-01 |
| publisher | AIMS Press |
| record_format | Article |
| series | Green Finance |
| spelling | doaj.art-4a29385bd1454f5e9a0a470aeced4cfb2023-05-15T01:26:17ZengAIMS PressGreen Finance2643-10922023-01-015111710.3934/GF.2023001Green finance engagement: An empirical study of listed companies on Chinese main boardYicong Huang0Kaidong Yu1Chao Huang21. Faculty of Business, City University of Macau, Macau, China1. Faculty of Business, City University of Macau, Macau, China2. School of Economics and Management, Beijing Jiaotong University, Beijing, ChinaUsing textual analysis, this paper divides green finance into green initiatives and green business activities. The former discusses whether environmental initiatives shall be signed, while the latter explores whether various emerging green commodities and services are provided. This paper investigates the influence of corporate size, the degree of internationalization, profits and competitiveness on the engagement degree of green finance, according to data collected from 410 Chinese listed companies on the Shanghai Stock Exchange. The results show that corporate size exerts a positive influence on green initiatives, and that the degree of internationalization, profits and corporate competitiveness of an enterprise each have a significant effect on green business activities. In addition, profits have a negative influence on green business activities. This paper provides insights and suggestions for developing green business activities in China.https://www.aimspress.com/article/doi/10.3934/GF.2023001?viewType=HTMLgreen financegreen initiativesgreen business activitieslisted companiesmain board |
| spellingShingle | Yicong Huang Kaidong Yu Chao Huang Green finance engagement: An empirical study of listed companies on Chinese main board Green Finance green finance green initiatives green business activities listed companies main board |
| title | Green finance engagement: An empirical study of listed companies on Chinese main board |
| title_full | Green finance engagement: An empirical study of listed companies on Chinese main board |
| title_fullStr | Green finance engagement: An empirical study of listed companies on Chinese main board |
| title_full_unstemmed | Green finance engagement: An empirical study of listed companies on Chinese main board |
| title_short | Green finance engagement: An empirical study of listed companies on Chinese main board |
| title_sort | green finance engagement an empirical study of listed companies on chinese main board |
| topic | green finance green initiatives green business activities listed companies main board |
| url | https://www.aimspress.com/article/doi/10.3934/GF.2023001?viewType=HTML |
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