| Title | Digital finance, natural resource constraints and firms' low-carbon behavior: Evidence from listed companies |
|---|---|
| ID_Doc | 32957 |
| Authors | Yang, P; Lv, YQ; Chen, XD; Lv, JN |
| Title | Digital finance, natural resource constraints and firms' low-carbon behavior: Evidence from listed companies |
| Year | 2024 |
| Published | |
| Abstract | Digital finance is pivotal in a company's environmentally responsible practices. Given this, we examine the impact of digital finance on firm's carbon emissions using a fixed-effect model using A-share listed companies data from 2011 to 2020. The results report that digital finance significantly dampens a firm's carbon emissions, and a similar effect is observed in the breadth of coverage and digital finance depth of use. Distinguishing the characteristics of firms' samples reveals that the carbon abatement effect resulting from digital finance is more evident in non-state-owned enterprises, remains significant in capital -intensive, technology-intensive industries as well as in manufacturing, yet is insignificant in labour -intensive and non-manufacturing industries. Promoting environmental, social and governance, facilitating digital transformation and incentivizing green innovation are significant digital finance -driven carbon abatement mechanisms. Digital finance's carbon-cutting effect is amplified further by financial regulation constraints and natural resource constraints. |
Similar Articles
| ID | Score | Article |
|---|---|---|
62378
|
Ding, Q; Huang, JB; Chen, JY Does digital finance matter for corporate green investment? Evidence from heavily polluting industries in China(2023) | |
| 31853
|
Wang, WW; Gao, PP; Wang, JHR Nexus among digital inclusive finance and carbon neutrality: Evidence from company-level panel data analysis(2023) | |
| 32833
|
Ren, XH; Zeng, GD; Zhao, Y Digital finance and corporate ESG performance: Empirical evidence from listed companies in China*(2023) | |
| 62353
|
Wang, Q; Wang, SY; Wang, CY; Hu, D How digital finance impacts listed companies' green innovation in China: a product market perspective(2024)Environmental Science And Pollution Research, 31, 13 | |
| 62242
|
Liu, YX; Chen, L The impact of digital finance on green innovation: resource effect and information effect(2022)Environmental Science And Pollution Research, 29, 57 | |
| 33617
|
Hu, SM; Zhu, Q; Zhao, X; Xu, ZY Digital Finance and Corporate Sustainability Performance: Promoting or Restricting? Evidence from China's Listed Companies(2023)Sustainability, 15.0, 13 | |
| 62580
|
Jiang, YL; Guo, C; Wu, YY Does digital finance improve the green investment of Chinese listed heavily polluting companies? The perspective of corporate financialization(2022)Environmental Science And Pollution Research, 29, 47 | |
| 62198
|
Li, X; Shao, XF; Chang, TY; Albu, LL Does digital finance promote the green innovation of China?s listed companies?(2022) | |
| 30346
|
Tang, DC; Chen, WY; Zhang, Q; Zhang, JQ Impact of Digital Finance on Green Technology Innovation: The Mediating Effect of Financial Constraints(2023)Sustainability, 15, 4 | |
| 61986
|
Liu, JM; Jiang, YL; Gan, SD; He, L; Zhang, QF Can digital finance promote corporate green innovation?(2022)Environmental Science And Pollution Research, 29, 24 |