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Information-Driven Carbon Emissions Trading and Firm Green Investment

delete2026-05-02
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PRE
AI
P
Pan Yang
Y
Yanfang Zhao
L
Lin Yang *
M
Maura Sheehan
J
Juanjuan Xia
DOI:10.1016/j.ribaf.2026.103457delete
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Abstract

Abstract

En 中文
• ETS significantly promotes firms’ green investment. • The promoting effect is stronger for preventive than for treatment green investment. • ETS generates positive spatial spillover effects within certain distance ranges. • Financing constraints and local enforcement intensity are key channels for ETS’s impact. • ETS effects vary by firm size, ownership, and pollution intensity.
Keywords:
Carbon Emissions Trading
Green Investment
Spatial Spillover
Financing Constraints
Firm Characteristics

Journal

Research in International Business and Finance cover
Research in International Business and Finance
IF:
6.9
Papers:
2.7K
Citations:
1.0W

Organization

L
Leeds Beckett University
Scholars:
2.0K
Papers: 2.1K
Citations: 1.6K
E
edinburgh napier university
Scholars:
377
Papers: 239
Citations: 0
S
shandong university
Scholars:
9.1W
Papers: 6.3W
Citations: 94
Cited Papers

Cited Papers

Citing Papers

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