Which green matters for whom? Greening and firm performance across age and size distribution of firms
通过区分绿色化活动的有形性和可见性，研究不同类型绿色化对企业绩效的影响如何随企业年龄和规模分布而变化，基于大规模数据库的实证结果揭示了这种差异。
A growing body of literature links firm performance with sustainability efforts. We contribute to this literature by developing a novel framework for contextualising greening through the lens of tangibility and visibility of greening activities and examine the impact of different types of greening on firm performance along the age and size distribution of firms. The empirical results based on a large-scale database suggest that rewards to different types of greening differ across age and size distributions.