Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)

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A Study on the Impact of Green Innovation of Listed Companies on Debt Maturity Structure

Authors
Jianjun Li1, Zijian Lin1, *
1School of Business, Jianghan University, Wuhan, Hubei, China
*Corresponding author. Email: 952071399@qq.com
Corresponding Author
Zijian Lin
Available Online 20 December 2022.
DOI
10.2991/978-94-6463-030-5_3How to use a DOI?
Keywords
Green Innovation; Debt Maturity Structure; Debt Scale
Abstract

The paper tests the impact of green innovation of listed companies on the debt maturity structure, and examines the adjustment effect of debt scale and the heterogeneity of property rights by taking the sample of the listed companies of Shanghai and Shenzhen Stock Exchanges from 2010 to 2019. The findings are that, firstly, there is significantly positively correlation between the debt maturity structure of listed companies and its green innovation, and the debt scale has a negative moderating effect on the relationship for them. Secondly, based on the above relationships, there is more significant in state-owned enterprises than in non-state-owned enterprises. Therefore, enterprises should vigorously strengthen green innovation and properly control the scale of debt, which being beneficial to optimize the debt maturity structure and achieve sustainable development. Especially, state-owned enterprises should assume more green responsibilities.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
Series
Atlantis Highlights in Intelligent Systems
Publication Date
20 December 2022
ISBN
978-94-6463-030-5
ISSN
2589-4919
DOI
10.2991/978-94-6463-030-5_3How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Jianjun Li
AU  - Zijian Lin
PY  - 2022
DA  - 2022/12/20
TI  - A Study on the Impact of Green Innovation of Listed Companies on Debt Maturity Structure
BT  - Proceedings of the 2022 International Conference on Bigdata Blockchain and Economy Management (ICBBEM 2022)
PB  - Atlantis Press
SP  - 12
EP  - 21
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-030-5_3
DO  - 10.2991/978-94-6463-030-5_3
ID  - Li2022
ER  -