【光华讲坛】Institutional Investors and Firm’s Green Innovation

2018-12-26 546次浏览

【光华讲坛】Institutional Investors and Firm’s Green Innovation

 

主题:Institutional Investors and Firm’s Green Innovation

主讲人:武汉大学 经济与管理学院 崔静波副教授

主持人:西南财经大学 经济与管理研究院 郭萌萌副教授

时间:20181226日(周三)下午155—3点半

地点:西南财经大学柳林校区颐德楼H412

 

主讲人简介:

个人简介:崔静波,武汉大学经济与管理学院副教授,数理经济与数理金融系副主任,湖北省楚天学子人才计划。20126月毕业于美国爱荷华州立大学经济学系,获经济学博士学位。曾担任爱荷华州立大学经济学系博士后、访问助理教授。研究方向:环境经济学、创新、国际贸易。研究成果(包括拟录用)已发表在《经济研究》,《管理世界》,AER Papers and Proceedings, American Journal of Agricultural Economics (2), Energy Economics (2), and Journal of International Trade and Economic Development (2)等。主持国家自然科学基金青年项目和应急项目(子课题负责人)。长期担任环境经济学国际顶级学术期刊Journal of Environmental Economics and Management, Journal of the Association of Environmental and Resource Economists,能源经济学国际学术期刊Energy Policy, Journal of Cleaner Production以及国内权威学术期刊《中国工业经济》、《经济学(季刊)》等匿名审稿人。

 

内容提要:

Institutional investors are one of the driving forces to promote green technological innovation. This paper explores the role of institutional investors in promoting environmental innovation at firm level, using Chinese publicly listed firms’ patent data. Some interesting results are obtained. First, the increase of institutional investors’ shareholding could significantly promote the green innovation of listed firms in the polluting industry. Second, the innovation enhancing effect is more pronounced in inducing green invention patents rather than green utility patents. Third, both domestic institutional investors and foreign institutional investors play heterogeneous roles in inducing green innovation. Lastly, but not least, some mechansms are discussed and tested to explain why institutional holders could encourage firms to conduct innovation in environmentally related technological fields.

 

 

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