| Title | How digital finance impacts listed companies' green innovation in China: a product market perspective |
|---|---|
| ID_Doc | 62353 |
| Authors | Wang, Q; Wang, SY; Wang, CY; Hu, D |
| Title | How digital finance impacts listed companies' green innovation in China: a product market perspective |
| Year | 2024 |
| Published | Environmental Science And Pollution Research, 31, 13 |
| Abstract | We empirically test whether and how digital finance impact green innovation utilizing data from Chinese listed companies and the Digital Inclusive Finance Index at the city level over the period from 2011 to 2020. The results show the following: (a) digital finance has a positive impact on green innovation, (b) improving consumer demand and strengthening market competition are two important influence channels, (c) customer concentration and corporate social responsibility are two important moderating variables that affect the aforementioned product market mechanisms, and (d) the positive impact of digital finance is more prominent within state-owned enterprises, companies with high financial risks, economically underdeveloped regions, and low-polluting industries. This research provides insights for China and similar economies on how to leverage the significant role of digital finance in achieving their net-zero-carbon targets. |
| https://www.researchsquare.com/article/rs-3643023/latest.pdf |
Similar Articles
| ID | Score | Article |
|---|---|---|
62198
|
Li, X; Shao, XF; Chang, TY; Albu, LL Does digital finance promote the green innovation of China?s listed companies?(2022) | |
| 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 | |
| 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 | |
| 30130
|
Li, N; Zhou, YF Can digital financial development promote corporate green technology innovation?(2024) | |
| 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 | |
| 62378
|
Ding, Q; Huang, JB; Chen, JY Does digital finance matter for corporate green investment? Evidence from heavily polluting industries in China(2023) | |
| 35199
|
Chen, W; Arn, GZ; Song, HT; Xie, Y The influences of digital finance on green technological innovation in China's manufacturing sector: The threshold effects of ESG performance(2024) | |
| 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 | |
| 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 | |
| 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 |