Abstract

This paper investigates the relationship between investor communication and corporate green innovation, and the inherent mechanism of action between them. Based on the data of companies listed on the Shenzhen Stock Exchange from 2013 to 2021, we show that investors play an important role in information transfer and external supervision through communication with companies, thus improving corporate green innovation performance. Investors gain a better understanding of companies' operations and intrinsic value through communication, thus reducing the financing cost and alleviating the financing constraint of companies' green innovation.

Full Text
Published version (Free)

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