Does digital transformation make enterprises greener? Evidence from China

Yongchang Shen, Yunyun Fu and Malin Song

Economic Analysis and Policy, 2023, vol. 80, issue C, 1642-1654

Abstract: The widespread introduction of new digital economic technologies in enterprises has reshaped their engagement in environmental protection, with significant implications for fulfilling their environmental responsibilities. This study focused on the relationship between digital transformation (DT) and corporate environmental responsibility based on sample data of A-share listed companies during 2010–2018, considering the typical data of corporate DT in recent years. DT can effectively incentivize firms, particularly heavy polluters, mature firms, and bear markets, to fulfill their environmental responsibilities, and the findings hold after the robustness tests. DT can also ultimately enhance the level of corporate environmental responsibility through micro-paths such as improved internal disclosure and enhanced attention from external investors. Simultaneously, local governments have significantly strengthened the incentive effect of DT on enterprises’ fulfillment of environmental responsibility by actively practicing green development and increasing environmental protection investments. These results provide an important theoretical and practical basis for promoting environmental pollution management and strengthening the policy support for DT.

Keywords: Digital transformation; Environmental liability; Environmental pollution; Government action (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0313592623002874
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:80:y:2023:i:c:p:1642-1654

DOI: 10.1016/j.eap.2023.11.006

Access Statistics for this article

Economic Analysis and Policy is currently edited by Clevo Wilson

More articles in Economic Analysis and Policy from Elsevier
Bibliographic data for series maintained by Catherine Liu ().