Natural Resource Asset Departure Audit and Green Innovation in Heavily Polluting Enterprises
DOI:
https://doi.org/10.62051/b3w3t774Keywords:
Natural resource asset departure audit; heavily polluting enterprises; green technology innovation.Abstract
This study treats the natural resource asset departure audit system as an exogenous quasi-natural experiment. Using data from heavily polluting listed enterprises between 2009 and 2019, a difference-in-differences (DID) approach is applied to examine the impact of the audit system on corporate green technology innovation. Empirical results indicate that the pilot implementation of this system has, to a certain extent, promoted green technology innovation among heavily polluting listed companies. This research provides empirical evidence for evaluating the effectiveness of the natural resource asset departure audit pilot and holds significant implications for a comprehensive understanding of the audit system.
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