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...

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...

The Property Rights Theory states that clearly defined ownership is the premise of efficiency, while ambiguous property rights result in great externalities. We use the establishment of local SASACs as a quasi-natural experiment to investigate how unifying the supervision rights and...