The carbon emission trading scheme influences firms' operation costs, which may induce resource diversion to financial investments. By using a sample of Chinese A-share non-financial listed firms that are subject to carbon emission trading pilot programs in China, this paper employs a...

Green investment plays a crucial role in bolstering pollution control efforts and enhancing environmental quality. As an influential financial instrument, Green Finance has gained significant traction among global policymakers for its ability to motivate businesses to actively participate in...