Using the implementation of the "Guidelines for Establishing the Green Financial System" (GEGFS) released in China in 2016 as a natural experiment, we adopt the difference-in-differences (DID) method to explore the influence of a green finance (GF) policy on the green transition of enterprises...

This study explores the specific effects between green leading institutions (GLIs) and green innovation (GI) by Chinese listed firms from the perspective of legitimacy and efficiency. The results show that GLIs can significantly improve GI, and the establishment of GLIs is more in line with the...

Under the background of how the green financial system can contribute to the goal of carbon peaking and carbon neutrality, this study explores the relationship between green investment funds (GIF) and corporate green innovation (CGI). We proposed the logic of social value to explain the green...