Author(s)

Xu Guannan ¹, Kan Lina ¹

Affiliation(s)

¹ Shaanxi University of Science and Technology, Xian, 710000, China

Corresponding Author

Xu Guannan

ABSTRACT

Based on panel data of 331 A-share listed companies in China from 2012 to 2022, the DEA Malmquist index analysis method is used to measure the green investment efficiency of enterprises, and the changing trend is observed from a dynamic perspective to further analyze the heterogeneity of green investment efficiency among industries and regions. The results show that the efficiency of green investment by enterprises has significantly improved from 2012 to 2022. The primary and secondary industries rely on scale efficiency to achieve improvement, while the tertiary industry relies on technological efficiency progress to promote it; The technological efficiency in southern and southwestern regions can promote the improvement of total factor productivity, but the performance in northern and northwestern regions is completely different. Technological efficiency has no positive impact on the improvement of green investment efficiency, and may even have a negative impact. Based on this, policy recommendations are proposed to enhance the efficiency of green investment for enterprises, including expanding the scale of green investment, guiding enterprises to actively participate in green technology innovation, and improving corresponding regulatory systems.

KEYWORDS

Green investment efficiency, DEA Malmquist index, comprehensive technical efficiency

CITE THIS PAPER

Xu Guannan, Kan Lina, Research on the Evaluation of Green Investment Efficiency of Listed Enterprises in China. Accounting and Corporate Management (2024) Vol. 6: 180-190. DOI: http://dx.doi.org/10.23977/acccm.2024.060525.

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