Investigation on how carbon markets and digital transformation affect green innovation: evidence from Chinese listed companies

数字化转型 业务 背景(考古学) 绿色创新 产业组织 绿色增长 商业 经济体制 经济 可持续发展 生态学 政治学 生物 古生物学 法学
作者
Di Wang,Wei Dou
出处
期刊:Environment, Development and Sustainability [Springer Nature]
被引量:7
标识
DOI:10.1007/s10668-023-03575-5
摘要

Abstract Carbon markets and the digital economy are gaining popularity continuously. Under this context, corporate green innovation should be urgently guided, which is an important subject to be studied and solved with great urgency to achieve harmonious ecological and economic growth. In this study, the data of 836 Chinese A-share listed companies from 2007 to 2020 are selected, carbon market and digital transformation are integrated into a unified analysis framework, and the green innovation effect and mechanism of the two and their interaction terms are investigated, not showing consistency with the previous studies about the effect of carbon market or digital transformation on green innovation. The present study suggests that (i) both carbon market policy and digitalization level serve as vital factors in boosting green innovation among high-carbon companies, whereas the synthetic effect of carbon market policy and digital transformation inhibits corporate green innovation behavior. (ii) The influences exerted by carbon market policy, digital transformation, and the synthetic effect on green innovation are dependent on property rights, size, and industry of high-carbon companies. (iii) As revealed by the analysis of mediating effects, financing constraints are the main mechanism of action that leads to a negative correlation between the synthetic effect of the carbon market and digital transformation and green innovation. Besides, R&D investment and environmental information disclosure only affect the action mechanism about digital transformation and carbon market policy, whereas they do not affect the synthetic effect of carbon market and digital transformation. Therefore, to promote green innovation and green transformation of high carbon companies, the government needs to flexibly use market-based environmental regulation tools (e.g., carbon market), strengthen the influence exerted by digital technology in improving innovation quality, and flexibly formulate relevant policies in accordance with the heterogeneity of different objects.
最长约 10秒,即可获得该文献文件

科研通智能强力驱动
Strongly Powered by AbleSci AI
更新
大幅提高文件上传限制,最高150M (2024-4-1)

科研通是完全免费的文献互助平台,具备全网最快的应助速度,最高的求助完成率。 对每一个文献求助,科研通都将尽心尽力,给求助人一个满意的交代。
实时播报
刚刚
大个应助xc8418采纳,获得10
2秒前
闪耀星星完成签到,获得积分20
4秒前
稳重元彤完成签到,获得积分20
4秒前
霹雳鲨鱼完成签到,获得积分10
4秒前
Orange应助jiuyuan采纳,获得10
4秒前
5秒前
芒果与鱼发布了新的文献求助10
6秒前
7秒前
左代灵发布了新的文献求助10
7秒前
朴素夜梦完成签到,获得积分10
9秒前
文艺卿完成签到,获得积分10
10秒前
11秒前
LIYY发布了新的文献求助10
11秒前
无花果应助superbeier采纳,获得10
11秒前
11秒前
12秒前
烂漫的猕猴桃完成签到,获得积分20
13秒前
15秒前
wsh发布了新的文献求助10
16秒前
16秒前
范小西发布了新的文献求助10
16秒前
依依完成签到 ,获得积分10
16秒前
Ava应助佳佳采纳,获得10
18秒前
18秒前
18秒前
18秒前
夕阳西下发布了新的文献求助10
19秒前
香蕉觅云应助wonhui采纳,获得10
21秒前
21秒前
111版发布了新的文献求助10
22秒前
干净土豆发布了新的文献求助10
23秒前
aldehyde应助77采纳,获得10
24秒前
25秒前
25秒前
Wonder完成签到,获得积分10
28秒前
lee完成签到,获得积分10
28秒前
谨慎冰海发布了新的文献求助10
30秒前
zoey完成签到 ,获得积分10
31秒前
阿布发布了新的文献求助10
32秒前
高分求助中
Evolution 10000
Sustainability in Tides Chemistry 2800
юрские динозавры восточного забайкалья 800
Diagnostic immunohistochemistry : theranostic and genomic applications 6th Edition 500
Chen Hansheng: China’s Last Romantic Revolutionary 500
China's Relations With Japan 1945-83: The Role of Liao Chengzhi 400
Classics in Total Synthesis IV 400
热门求助领域 (近24小时)
化学 医学 生物 材料科学 工程类 有机化学 生物化学 物理 内科学 纳米技术 计算机科学 化学工程 复合材料 基因 遗传学 催化作用 物理化学 免疫学 量子力学 细胞生物学
热门帖子
关注 科研通微信公众号,转发送积分 3149493
求助须知:如何正确求助?哪些是违规求助? 2800565
关于积分的说明 7840531
捐赠科研通 2458065
什么是DOI,文献DOI怎么找? 1308242
科研通“疑难数据库(出版商)”最低求助积分说明 628460
版权声明 601706