The Effect of Enterprise Digital Transformation on Green Technology Innovation: A Quantitative Study on Chinese Listed Companies

Liang Tang, Haifeng Jiang, Shanshan Hou (), Jun Zheng () and Lianqi Miao
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Liang Tang: School of Business, Fuyang Normal University, Fuyang 236037, China
Haifeng Jiang: School of Business, Fuyang Normal University, Fuyang 236037, China
Shanshan Hou: School of Marxism, Fuyang Normal University, Fuyang 236037, China
Jun Zheng: School of Accountancy, Nanjing University of Finance & Economics, Nanjing 210023, China
Lianqi Miao: School of Business, Jiangsu Normal University, Xuzhou 221116, China

Sustainability, 2023, vol. 15, issue 13, 1-18

Abstract: Promoting enterprise digital transformation is of great significance in accelerating the innovation capability of green technology and boosting green and low-carbon economic development. Therefore, based on the textual analysis of enterprise annual reports, the measurement index of enterprise digital transformation was constructed, and combined with the data of listed, A-share companies in Shanghai and Shenzhen from 2011 to 2021, a quantitative study was conducted on the relationship between enterprise digital transformation and green technology innovation. The quantitative study shows that there is a significant positive correlation between enterprise digital transformation and green technology innovation. The CEO IT background plays a positive moderating role between digital transformation and green technology innovation in enterprises. Based on the quantitative study from the perspective of fiscal incentives, it was found that different fiscal incentive policies play different roles in an enterprises’ digital transformation and green technology innovation; that is, government subsidies play an intermediary role between the two, and tax preferences play a positive moderating role between the two. This research enriches the mechanism analysis between enterprise digital transformation and green technology innovation, and it provides a useful exploration for the further promotion of both enterprise digital transformation and green technology innovation.

Keywords: enterprise digital transformation; green technology innovation; CEO IT background; fiscal incentives (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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