ITM Web Conf.
Volume 47, 20222022 2nd International Conference on Computer, Communication, Control, Automation and Robotics (CCCAR2022)
|Number of page(s)||5|
|Section||Control Technology and Robotics Technology|
|Published online||23 June 2022|
Green credit, business investment and new bank loans
1 Green Finance, Xidian University, 710000, Xi’an, China
2 Corporate Governance, Xidian University, 710000 Xi’an, China
* Corresponding author: email@example.com
Based on the entropy weight TOPSIS method, this paper classifies the A-share listed companies from 2007 to 2020 into green enterprises and heavy pollution enterprises, and empirically studies the impact of green credit policy on enterprise investment scale and new bank loans. The results show that the green credit policy has a positive effect on the investment scale and new bank loans of green enterprises, and the hypothesis is still valid after entropy balance and many robustness tests. Secondly, the green credit policy is asymmetric, that is, the policy effect on state-owned enterprises, small and medium-sized enterprises and polluted areas is stronger.
© The Authors, published by EDP Sciences, 2022
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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