Xie, Chengxing; Wu, Liang; Tong, Zhijie - In: Borsa Istanbul Review 25 (2025) 4, pp. 824-837
This study examines how carbon price uncertainty (CPU) in China's regional carbon markets shapes firms' green investment (GI) decisions, addressing a critical gap in empirical and regional research. Using granular data from eight Chinese regional carbon markets and listed firms' green...