Green innovation and enterprise reputation value
利用2007-2020年中国上市公司数据，通过OLS回归、IV-Lasso和随机森林等方法，发现绿色创新能提升企业声誉，且存在正向滞后效应，机制是减少污染排放，对沿海、国有、大型和成熟企业效果更佳。
Abstract Using the data of Chinese listed enterprises in 2007–2020, we investigate the relationship between green innovation (GI) and enterprise reputation via OLS regression, IV‐Lasso, and random forest. Findings show that GI can improve enterprise reputation, and it has a significant positive lag effect. Additionally, we compare the different effects of green patent applications and approved green patents. A possible mechanism is that GI reduces the pollution emission of enterprises. GI also performs better in improving the reputation of coastal enterprises, state‐owned enterprises and large‐scale enterprises, and old enterprises. Our finding on the causal relationship between GI and enterprise reputation is of great significance in further understanding the practical value of GI activities, and it has certain reference value for the policy formulation of governments and decision making of enterprises.