【摘要】 本研究从绿色技术创新与融资约束的耦合关系切入，构建了“绩效提升”与“信号传递”双元中介作用机制，并基于2009—2024年我国A股上市公司数据，实证检验了该作用机制。研究发现，绿色技术创新能显著缓解融资约束，其主要通过提升财务绩效和ESG信息披露传递信号等路径实现；进一步研究发现，融资约束缓解效应及其作用机制在债务和股权融资维度均显著存在。本研究深化了绿色技术创新融资缓解效应的作用机制，并为相关政策的制定提供了直接的理论与实证支持。更多还原

【Abstract】 This study examines the coupling relationship between green technological innovation and financing constraints by proposing a dual mediation mechanism of “performance enhancement”and “signal transmission.”Using data from China’s A-share listed companies between 2009 and 2024,this study empirically tests this mechanism.The results show that green technological innovation significantly mitigates financing constraints, primarily achieved through pathways of improving financial performance and signaling via ESG information disclosure.Further analysis confirms that this dual mediation mechanism is significantly effective in both debt financing and equity financing.This research provides a deeper understanding of how green technology innovation alleviates financing constraints and offers direct theoretical and empirical support for relevant policy formulation.更多还原