Author(s)

Lan Yijing ¹

Affiliation(s)

¹ Guangdong University of Finance, Guangzhou, Guangdong, 510521, China

Corresponding Author

Lan Yijing

ABSTRACT

Since the implementation of the green credit policy, its functional mechanism and implementation effect have attracted much attention. In this paper, various pollutant emission data and carbon emission data from the social responsibility reports of domestic A-share listed companies from 2012 to 2021 and  the  green credit  balance  disclosed  by  21 major  banks  were  collected manually, and the influence of green credit policies on pollutant emission and carbon emission of enterprises was studied through the establishment of fixed effect model for empirical analysis. Through empirical analysis, it is found that the green credit policy significantly promotes enterprises to reduce pollutant emissions.  Further  research  shows  that: (1)  Green  credit policy has  more significant pollutant emission reduction effect on regional enterprises with high financial development level; (2) Green credit policy has more significant effect on pollutant emission reduction of heavy polluting enterprises; (3) Green credit has an  impact  on  reducing  the  emission  of  pollutants  by  affecting  the total  new production of enterprises; (4) Green credit policy has more significant pollutant emission reduction effect on enterprises with ISO14001 certification.

KEYWORDS

Green credit policy, corporate emission, performance

CITE THIS PAPER

Lan Yijing, Research on green credit policy and corporate emission reduction performance. Accounting and Corporate Management (2024) Vol. 6: 130-139. DOI: http://dx.doi.org/10.23977/acccm.2024.060217.

REFERENCES

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