Knowledge Agora



Similar Articles

Title Digital financial inclusion, analyst attention, and the green innovation in energy firms
ID_Doc 62187
Authors Qin, L; Chen, CC; Chen, Y; Su, YZ
Title Digital financial inclusion, analyst attention, and the green innovation in energy firms
Year 2024
Published
Abstract The transition towards environmental sustainability in China's energy sector underscores the crucial role of digital financial inclusion and analyst attention. This study employs an empirical analysis of data from listed Chinese energy-sector firms spanning 2011 to 2022, integrating regression models to investigate the impact of digital financial inclusion on green innovation and the moderating role of analyst attention. Findings reveal that digital financial inclusion significantly facilitates green innovation in energy firms, and analyst attention further amplifies this effect. Heterogeneity analysis shows regional differences, with the eastern and central regions benefiting more from digital financial inclusion, while the western region shows no significant effect. Additionally, state-owned enterprises experience a stronger positive impact compared to non-state-owned enterprises. The study highlights the synergistic potential between digital financial mechanisms and market dynamics in driving sustainable practices. Implications extend to policymakers, financial institutions, and energy companies, suggesting that enhancing digital financial access and market visibility of green initiatives can collectively advance sustainability goals within the energy sector, contributing to broader environmental and economic objectives.
PDF

Similar Articles

ID Score Article
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
35270 Kong, T; Sun, RJ; Sun, GL; Song, YT Effects of Digital Finance on Green Innovation considering Information Asymmetry: An Empirical Study Based on Chinese Listed Firms(2022)Emerging Markets Finance And Trade, 58, 15
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
62696 Han, LZ; Zhang, ZA Impact of digital finance on enterprise green innovation: From the perspective of information asymmetry, consumer demand and factor market distortions(2023)Plos One, 18, 12
31203 Cao, SP; Nie, L; Sun, HP; Sun, WF; Taghizadeh-Hesary, F Digital finance, green technological innovation and energy-environmental performance: Evidence from China's regional economies(2021)
62378 Ding, Q; Huang, JB; Chen, JY Does digital finance matter for corporate green investment? Evidence from heavily polluting industries in China(2023)
62115 Gao, K; Chen, HD; Tian, SY; Sun, RQ; Cui, KY; Zhang, YF A nexus between green digital finance and green innovation under asymmetric effects on renewable energy markets: a study on Chinese green cities(2023)Environmental Science And Pollution Research, 30, 16
62198 Li, X; Shao, XF; Chang, TY; Albu, LL Does digital finance promote the green innovation of China?s listed companies?(2022)
62051 Rao, SY; Pan, Y; He, JN; Shangguan, XM Digital finance and corporate green innovation: quantity or quality?(2022)Environmental Science And Pollution Research, 29, 37
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
Scroll