Innovation Development Research Project of Anhui Province [2021CX053]; Scientific Research Project of Hunan Provincial Department of Ed-ucation [20C0935]; National Social Science Founda-tion of China [21CTJ024]; Humanities and Social Sciences Program of the Ministry of Education [20YJC790193]; Higher Education Institutions in Anhui Province of China [KJ2020A0006]
机构署名：
本校为其他机构
院系归属：
经济学院
摘要：
Deviating from the environmental regulations at the regional level, this study focuses the research sample on Chinese A-share polluting companies and uses the ordinary least squares model and the seemingly unrelated regression model to test whether the existing corporate-level environmental regulations promote the development of green finance. The findings suggest that environmental regulations positively affect green finance through short-term or long-term external financing. This result is valid even after the robustness test of the change regression model and the measurement of the change k...
