報告題目：Corporate sustainable development driven by high-quality innovation: Does fiscal decentralization really matter? （Economic Analysis and Policy，ESI前1%高被引論文分享）

報告人：曾明博士

報告時間：2024年3月19日上午10:00

報告地點：1A-4036

主辦單位：經濟學院

報告人簡介：曾明，西華大學經濟學院講師。經濟學本碩，管理學博士。已發表高級別學術論文8篇，其中ESI前1%高被引論文1篇，參與國家社科重點項目1項，省部級課題多項。曾獲四川大學創新獎學金（2021）、四川大學優秀畢業生（2022）等榮譽。主要研究方向為：金融科技、公共政策和企業創新。

內容簡介：High-quality innovation is the crucial way to promote corporate sustainable development. This paper explores the effect of fiscal decentralization on corporate innovation quality with hybrid data during 2006–2019. The findings show that fiscal decentralization can promote corporate innovation quality in China. This paper carries out various robustness tests, and the results remain consistent with the previous conclusion. The findings also suggest that fiscal decentralization can do better in promoting corporate innovation quality in higher-administrative-level cities, eastern regions, technology intensive industries, and large-scale enterprises. Furthermore, this paper reveals that business cycle plays a moderating role in how fiscal decentralization affects corporate innovation quality, and the promotion effect is stronger in booms than in recessions. The findings also indicate that promotion incentive positively moderates the enhancement effect of fiscal decentralization on corporate innovation quality, while market integration negatively moderates this relationship. This study sheds new light on how fiscal decentralization affects corporate innovation quality, which is helpful for the government to promote high-quality innovation and corporate sustainable development in China.