M&A or R&D in Green Transition? Evidence from China

This paper shows that a standard deviation increase in carbon emissions by listed firms in China increases the odds of M&A (a green asset acquisition) by over 33% (over 81%) to achieve a green transition. However, firms decrease their R&D investment which tends to be fraught with technical and commercial uncertainty and have a low success rate

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Year of publication:	2022
Authors:	Cui, Di ; Ding, Mingfa ; Suardi, Sandy ; Zhang, Wenting
Publisher:	[S.l.] : SSRN
Subject:	China \| Systemtransformation \| Economic transition \| Umweltpolitik \| Environmental policy \| Nachhaltige Entwicklung \| Sustainable development \| Umweltbelastung \| Pollution

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Extent:	1 Online-Ressource (11 p)
Type of publication:	Book / Working Paper
Language:	English
Other identifiers:	10.2139/ssrn.4285422 [DOI]
Source:	ECONIS - Online Catalogue of the ZBW

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