Enterprise digital transformation, government subsidies, and green innovation performance

Yuanyuan Li, Yindan Zhang and Chen Chen

Finance Research Letters, 2025, vol. 81, issue C

Abstract: Using data from 2010 to 2022, this study finds that digital transformation improves green innovation in Chinese-listed enterprises. Government subsidies also contribute positively. Government subsidies moderate the relationship between digital transformation and green innovation, with varying effects on state-owned enterprises (SOEs) and non-SOEs. The impact of digital transformation on green innovation does not differ significantly between these enterprise types.

Keywords: Digital transformation; Government subsidies; Green innovation performance (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:81:y:2025:i:c:s154461232500738x

DOI: 10.1016/j.frl.2025.107479

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