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作者：张少鹏，成蕾，任月，姚瑶

题名：Effects of carbon emission trading system on corporate green total factor productivity: Does environmental regulation play a role of green blessing?

期刊：Environmental Research（SCI，JCR-Q1，中科院一区，影响因子8.2，学院标志性期刊）

摘要：Extant studies focus on the impact of environmental regulation on regional economic growth or environmental pollution, and a lot of research outcomes have been made. However, from the perspective of corporate green sustainable development, the question of whether carbon emission trading represents a "green blessing" remains unclear. To address this issue, we employ a staggered difference-in-differences model to investigate the effects and mechanisms of the carbon emissions trading pilot policy (CETPP) on the green total factor productivity (GTFP) of listed manufacturing companies in China. Our results demonstrate that: a) CETPP can effectively promote corporate GTFP, and the robustness of this result is verified through a series of checks; b) the mediating role of environmental, social, and governance (ESG) performance is critical in the relationship between CETPP and corporate GTFP, with environmental and governance performance serving as two key transmission channels; and c) CEO green experience and public environmental concern both play the moderating roles on the relationship between CETPP and GTFP; d) CETPP has a stronger positive impact on GTFP of private enterprises and enterprises in the maturity life cycle; and e) CETPP has a spatial spillover effect on GTFP, and the effect will decay as spatial distance increases. Our study offers both theoretical and practical implications for enterprises to achieve their green economic development objectives, so as to promote China's high-quality development.

作者简介：

张少鹏，男，565net必赢客户端副教授，硕士生导师，哈尔滨工业大学管理学博士。现任教于565net必赢客户端565net必赢客户端农林经济管理学科、林业经济管理专业。主要研究方向为创新经济学、环境经济学。先后在《Technological Forecasting & Social Change》《Business Strategy and The Environment》《Environmental Research》《Scientometrics》等国际知名SSCI检索期刊，以及《科学学研究》《科研管理》《中国人口·资源与环境》等国内权威CSSCI检索期刊发表学术论文20余篇。担任《国土资源科技管理》《科技创新发展战略研究》杂志青年编委；中国科学学与科技政策研究会数字创新管理专业委员会会员；多个SSCI、CSSCI期刊以及国际会议的匿名审稿人。主持中国科协2021年度高端科技创新智库青年项目，核心参与国家自然科学基金、国家社会科学基金以及教育部人文社科规划项目。