Digital Transformation Driving Green Innovation: Evidence from Chinese A-Share Firms

Hemei Li, Zhenya Liu and Virginie Hachard ()
Additional contact information
Hemei Li: Beijing International Studies University
Zhenya Liu: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School
Virginie Hachard: Métis Lab EM Normandie - EM Normandie - École de Management de Normandie = EM Normandie Business School

Post-Print from HAL

Abstract: With its ``dual carbon'' goals, Chinese firms are being challenged to improve both their environmental and economic performance. Previous research has found that digital transformation can foster the development of firms in various ways. Using a fixed-effects Poisson model, we examine China's A-share listed firms from 2009 to 2022 to elucidate the relationship between digital transformations and green innovation. The results show that digital transformation significantly promotes firms' green transformations. Moreover, digital transformation affects green innovations by attracting media attention, increasing analyst coverage, and reducing firms' rent-seeking behavior. The study further demonstrates that institutional investors and comprehensive green information disclosure can augment digital transformations' positive effects on green innovation.

Date: 2024
References: Add references at CitEc
Citations:

Published in International Review of Economics and Finance, 2024, 95, ⟨10.1016/j.iref.2024.103487⟩

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:hal:journl:hal-04894961

DOI: 10.1016/j.iref.2024.103487

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().