How Does Government Ecological Concern Influence Corporate Green Technology Linkage Networks? Empirical Evidence from A-Share Listed Companies

Yunqing Wang; Yongxin Zhao; Yuxin Zhou; Yun Yu

doi:10.54691/wtf5ct23

Authors

Yunqing Wang
Yongxin Zhao
Yuxin Zhou
Yun Yu

DOI:

https://doi.org/10.54691/wtf5ct23

Keywords:

Government Environmental Attention; Green IT; Government Annual Reports; Environmental Pollution.

Abstract

This study employs text analysis to construct a dataset reflecting the ecological concerns of local governments. Using A-share listed companies on the Shanghai and Shenzhen stock exchanges from 2007 to 2022 as the sample, it examines the relationship between government ecological concerns and corporate green technology association networks through social network analysis (SNA). Empirical findings reveal that government ecological concern enhances the position of firms within green technology association networks. Results remain stable after rigorous testing to assess robustness and endogeneity. Mechanism analysis indicates that social networks among listed company directors and distortions in corporate capital allocation weaken the enhancing effect of government ecological concern on green technology association networks. Our findings offer new insights into how government ecological concern influences corporate social relationship networks.

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