Abstract
This study investigates the influence of corruption on firms' green innovation activities in the context of Chinese listed firms during a period from 2007 to 2017. We find that the firms headquartered in severely corrupted provinces are associated with fewer green patents and citations. This finding is robust after addressing endogeneity concerns. Furthermore, we document profound evidence that local corruption reduces corporate green innovating activities through reducing the demands of corporate green innovations and increasing the opportunity costs for green innovating investments. Our findings shed light on the negative effects of political corruption on corporate green innovations.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
