March 3, 2026

Can commercial paper exchange promote corporate green innovation? Quasi-natural experimental evidence from China

Commercial paper exchange significantly boosts corporate green innovation, enhancing sustainability efforts.
A 25% increase in green patents relates to active participation in commercial paper markets within China.
Quasi-natural experimental design analyzed corporate behavior shifts related to green innovation initiatives.
Findings may call for enhanced financial mechanisms to support ecological advancements across industries.

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Cite This Study

Lai et al. (Thu,) studied this question.

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