Do Government Environmental Subsidies Improve Corporate Carbon Performance? Evidence From China
Xiying Luo,
Xin Liu,
Wei Liu
Abstract:Improving corporate carbon performance is imperative for sustainable economic and social development. Using a sample of Chinese A-share-listed manufacturing firms from 2012 to 2019, this study explores how government environmental subsidies affect corporate carbon performance. The baseline results show that government environmental subsidies are positively associated with corporate carbon performance, suggesting an improving effect of government environmental subsidies on corporate carbon performance. These re… Show more
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