DeepGreen: Effective LLM-Driven Green-washing Monitoring System Designed for Empirical Testing -- Evidence from China

 0 Người đánh giá. Xếp hạng trung bình 0

Tác giả: Chengmengjia Lin, Yu Miao, Yiling Xiao, Congluo Xu

Ngôn ngữ: eng

Ký hiệu phân loại: 974.737 Northeastern United States (New England and Middle

Thông tin xuất bản: 2025

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 227080

This paper proposes DeepGreen, an Large Language Model Driven (LLM-Driven) system for detecting corporate green-washing behaviour. Utilizing dual-layer LLM analysis, DeepGreen preliminarily identifies potential green keywords in financial statements and then assesses their implementation degree via iterative semantic analysis of LLM. A core variable GreenImplement is derived from the ratio from the two layers' output. We extract 204 financial statements of 68 companies from A-share market over three years, comprising 89,893 words, and analyse them through DeepGreen. Our analysis, supported by violin plots and K-means clustering, reveals insights and validates the variable against the Huazheng ESG rating. It offers a novel perspective for regulatory agencies and investors, serving as a proactive monitoring tool that complements traditional methods.Empirical tests show that green implementation can significantly boost the asset return rate of companies, but there is heterogeneity in scale. Small and medium-sized companies have limited contribution to asset return via green implementation, so there is a stronger motivation for green-washing.
Tạo bộ sưu tập với mã QR

THƯ VIỆN - TRƯỜNG ĐẠI HỌC CÔNG NGHỆ TP.HCM

ĐT: (028) 36225755 | Email: tt.thuvien@hutech.edu.vn

Copyright @2024 THƯ VIỆN HUTECH