Han, Jixuan; Li, Tianshu; Philbin, Simon P. - In: Innovation and green development 2 (2023) 2, pp. 1-14
In an effort to aggressively combat climate change, China implemented a low-carbon city pilot policy (LCCP) in 2010 …. This study analyzes the impact LCCP, which is a specific environmental regulation on firms' profitability and innovation … performance. The study argues that LCCP has an impact on corporate profitability by enhancing corporate innovation. Based on the …