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Does low-carbon pilot policy in China improve corporate profitability? The role of innovation and subsidy

In an effort to aggressively combat climate change, China implemented a low-carbon city pilot policy (LCCP) in 2010. This study analyzes the impact LCCP, which is a specific environmental regulation on firms' profitability and innovation performance. The study argues that LCCP has an impact on corpo...

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Principais autores: Jixuan Han, Tianshu Li, Simon P. Philbin
Format: Artigo
Sprog:Inglês
Udgivet: Elsevier 2023-06-01
Serier:Innovation and Green Development
Fag:
Low-carbon city pilot policy
Corporate innovation
Profitability
DID
Online adgang:http://www.sciencedirect.com/science/article/pii/S2949753123000188
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