The Impact of Green Credit Policies on Green Enterprises : From the Perspective of Stock Price Synchronicity

This article uses data from Chinese A-share listed companies from 2000 to 2022 to study the impact of green credit policies on the stock price synchronicity of green enterprises. The research results indicate that after the implementation of green credit policies, the stock price synchronicity of green enterprises significantly decreases, and information transparency plays a mediating role, and this impact is more significant for small enterprises. This article supplements relevant research on green credit policies, providing guidance for further reducing the stock price synchronicity of green enterprises, improving capital market pricing efficiency, and promoting the implementation of green credit policies.