Research Article
Study on the Path of Corporate ESG Performance to Drive Green Innovation--Based on Data of Listed Companies in Sichuan Province
@INPROCEEDINGS{10.4108/eai.9-12-2022.2327641, author={Qiqi Zheng and Dongchuan Lin and Hongyi Li and Yanling Wang}, title={Study on the Path of Corporate ESG Performance to Drive Green Innovation--Based on Data of Listed Companies in Sichuan Province}, proceedings={Proceedings of the 4th Management Science Informatization and Economic Innovation Development Conference, MSIEID 2022, December 9-11, 2022, Chongqing, China}, publisher={EAI}, proceedings_a={MSIEID}, year={2023}, month={3}, keywords={corporate esg performance; green innovation; government grants;}, doi={10.4108/eai.9-12-2022.2327641} }- Qiqi Zheng
Dongchuan Lin
Hongyi Li
Yanling Wang
Year: 2023
Study on the Path of Corporate ESG Performance to Drive Green Innovation--Based on Data of Listed Companies in Sichuan Province
MSIEID
EAI
DOI: 10.4108/eai.9-12-2022.2327641
Abstract
Enhancing the green innovation capability of enterprises is a crucial way to help Sichuan Province's green transformation. ESG is necessary as a more comprehensive and systematic social responsibility indicator to examine the path of impact on corporate green innovation. This paper constructs a multiple linear regression model of ESG performance and green innovation of enterprises in Sichuan province by taking listed companies in Sichuan province from 2016 to 2020 as the research object, and conducts descriptive analysis, correlation analysis and multiple regression analysis by stata software to study the relationship between ESG performance and green innovation of enterprises. It is found that enterprises with better ESG performance will have a higher level of green innovation capability, and government subsidies are the specific path of ESG performance on green innovation capability enhancement.