Abstract

In view of the formal implementation of the Green Credit Guidelines in 2012, this paper uses the data of A-share listed companies from 2009 to 2017 and adopts the difference of differences model to study the influence of green credit policies on the return on total assets of restricted and encouraged enterprises, and finds that green credit policies have inhibitory effect and incentive effect. The results show that the inhibition effect of green credit policy leads to a significant decline in the total return on assets of restricted and eliminated enterprises, but the incentive enterprises benefit from the incentive effect of green credit policy and achieve performance improvement.

Full Text
Paper version not known

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 call

Disclaimer: 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.