The Impact of Green Patent Applications on Company Value-Based on the Mediating Effect of ESG Scores

The data for this paper comes from listed companies in China and spans from 2015 to 2023. The validation of this article is about the impact of green patent applications on corporate value Tobin Q, an important part of green innovation, through empirical analysis, and focuses on the mediating role of ESG scores. The results show that the enterprise value has increased under the influence of green patent applications, and ESG scores play a significant mediating effect, which is reflected in the fact that green patent applications can significantly enhance enterprise value.