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Scientific Article details

Title Does digital transformation promote the green innovation of China's listed companies?
ID_Doc 35820
Authors Liang, P; Sun, XH
Title Does digital transformation promote the green innovation of China's listed companies?
Year 2024
Published Environment Development And Sustainability, 26, 9
DOI 10.1007/s10668-024-05059-6
Abstract Green innovation is essential to sustainable development and carbon neutrality. How to adopt digital technology to promote corporate green innovation (CGI) has become a widespread topic among scholars. This paper examines how digital transformation influences CGI in Chinese non-financial listed companies from 2008 to 2020. Using textual analysis to construct indicators of digital transformation, we find that CGI can be significantly enhanced by enterprise digital transformation in both quantity and quality. We also explore the underlying channels and find that enterprise digital transformation promotes CGI by improving environmental management, human capital upgrading, and resource allocation efficiency. Moreover, we investigate the moderating effects of various factors and conclude that enterprise digital transformation's favorable effects on CGI are more pronounced in companies with good environmental responsibility, labor-intensive industries, high financial risks, intense market competition, and state-owned enterprises, as well as in companies located in regions with strong environmental regulations and a low level of digital economy development. This paper contributes to the literature on green innovation and digital transformation, as well as provides empirical evidence for enterprises in emerging market countries to promote energy saving and green transformation using digital technology.
Author Keywords Digital transformation; Green innovation; Environmental management; Human capital; Resource allocation efficiency
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED)
EID WOS:001234624800004
WoS Category Green & Sustainable Science & Technology; Environmental Sciences
Research Area Science & Technology - Other Topics; Environmental Sciences & Ecology
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