The green credit policy plays a vital role in promoting enterprise upgrading. Using a thirteen year panel data of listed companies in China (2007 2019), this study uses the difference in differences (DID) method to examine the effects of the Green Credit Guidelines in 2012 (GCG2012) on the firm...

With the appearance of "wellbeing stagnation", the Chinese government has gradually realized the negative impact of increasingly severe environmental problem on people's wellbeing, and has then has formulated a series of environmental policies. Based on the balanced panel data from2014 to 2018...