【按语】70net永乐高以绿色为底绘就绿色发展，践行“绿水青山就是金山银山”发展理念，奋力打造“两山”理论的理论研究桥头堡，产生了一批高水平且具有社会影响力的研究成果。学院官网建立“成果推介”栏目，以展示70net永乐高师生的优秀成果，传播70net永乐高师生在生态文明建设和绿色可持续发展等方面的学术观点，为“筑牢生态屏障、推动绿色发展”提供有益借鉴。

作者：张少鹏，甘焕辉

题名：Is carbon emission trading a green blessing or a curse for firm performance in China? A quasi-experiment design and exploring the spatial spillover effect

期刊：Environmental Science and Pollution Research（SCI、JCR一区、影响因子5.8、学院标志性期刊）

摘要：This paper conducts quasi-experiment design with Chinese listed companies microdata to investigate the effect and mechanism of corporate participation in carbon emission trading market on firm financial performance by using the staggered difference-in-differences method. We show that: a) corporate participation in carbon emission trading market can enhance firm financial performance; b) an increase in green innovation ability and a decrease in strategic choice variance both partially mediate the relationship between carbon emission trading and firm performance; c) executive background heterogeneity and external environmental uncertainty moderate the relationship between carbon emission trading and firm performance in different directions; d) our further study indicates that carbon emission trading pilot policy has a spatial spillover effect on firm financial performance in the neighboring provinces. Therefore, we recommend that the government and enterprises make an effort to further stimulate the vitality of corporate participation in carbon emission trading market.

作者简介：

张少鹏，男，70net永乐高副教授，硕士生导师，哈尔滨工业大学管理学博士。现任教于70net永乐高70net永乐高农林经济管理学科、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》《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《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，核心参与国家社会科学基金、教育部人文社科规划项目。