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Scientific Article details

Title Can digital finance promote corporate green innovation?
ID_Doc 61986
Authors Liu, JM; Jiang, YL; Gan, SD; He, L; Zhang, QF
Title Can digital finance promote corporate green innovation?
Year 2022
Published Environmental Science And Pollution Research, 29, 24
DOI 10.1007/s11356-022-18667-4
Abstract Green innovation is essential for improving the environment and realizing sustainable economic development. In this research, we use a sample of Chinese listed firms from 2011 to 2018 to examine whether and how digital finance affects corporate green innovation. The proof we provided shows that digital finance has a positive effect on green innovation. The result is consistent with a series of robustness tests. Further analyses show that digital finance promotes green innovation by alleviating financial constraints and increasing R&D investment. And the effect is more pronounced in economically backward regions and high-polluting industries. This research provides practical guidance for promoting finance development and improving the ecological environment.
Author Keywords Digital finance; Corporate green innovation; Financial constraints; R&D investment
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Science Citation Index Expanded (SCI-EXPANDED); Social Science Citation Index (SSCI)
EID WOS:000745504900002
WoS Category Environmental Sciences
Research Area Environmental Sciences & Ecology
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