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Scientific Article details

Title Digital transformation and the herd effect of corporate green investment
ID_Doc 62076
Authors Zhao, LH; Yuan, HAI
Title Digital transformation and the herd effect of corporate green investment
Year 2024
Published
DOI 10.1016/j.frl.2024.105244
Abstract Based on China's unique institutional context, this paper empirically examines the relationship between corporate digital transformation and the herd effect of green investment. The findings indicate that digital transformation significantly promotes the herd effect in corporate green investments. Heterogeneity tests reveal that the enhancing impact of digital transformation on this herd effect varies with the nature of ownership and industry characteristics. The results of this study not only enrich the understanding of the economic consequences of corporate digital transformation but also offer a new research perspective on the herd effect at the organizational level.
Author Keywords Digital transformation; Herd effects; Corporate green investment
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Social Science Citation Index (SSCI)
EID WOS:001228243600001
WoS Category Business, Finance
Research Area Business & Economics
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