Does digital transformation empower green innovation? Evidence from listed companies in heavily polluting industries in China

被引：0
|
作者：
Zhang, Wenqiu [1 ]
Zhao, Junli [1 ]
Li, Hao [2 ]
Chen, Shuilin [1 ]
机构：
[1] Donghua Univ, Glorious Sun Sch Business & Management, Shanghai 200051, Peoples R China
[2] Nanjing Xiaozhuang Univ, Sch Business, Nanjing 211171, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 66卷
关键词：
Digital transformation; Green innovation; U-Shaped; Firm life cycle; Sustainable development;
D O I：
10.1016/j.frl.2024.105685
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
We investigate the impact of digital transformation on green innovation based on the data from listed companies in heavily polluting industries in China from 2010 to 2020. Our findings reveal that under the joint action of crowding-out and synergistic effects, digital transformation has a Ushaped impact on green innovation. The results withstand multiple robustness checks. The heterogeneity test shows that the digital transformation of companies in the mature stage can better promote green innovation. Our results supplement the literature on digital transformation and green innovation, and provide theoretical implications for corporate sustainability.
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页数：8
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