Abstract

After COVID-19, economic development has been relatively unstable, and social trust has new requirements for corporate innovation. This article explores the impact of these factors using data for A-share listed companies in Shanghai and Shenzhen from 2010 to 2022 as research samples. The research results are as follows: (1) Social trust positively impacts promoting improved corporate innovation. (2) The development of green finance plays a partial intermediate role in social trust driving enterprise innovation. (3) Social trust has a more significant promoting effect on enterprise innovation at state-owned listed companies than it does at non-state-owned companies.

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