Can digital finance promote corporate green innovation?

被引：192

作者：

Liu, Jiamin ^{[1
]}

Jiang, Yalin ^{[2
]}

Gan, Shengdao ^{[1
]}

He, Ling ^{[1
]}

Zhang, Qingfeng ^{[2
]}

机构：

[1] Sichuan Univ, Business Sch, Chengdu 610065, Peoples R China

[2] Southeast Univ, Sch Econ & Management, Nanjing 211100, Peoples R China

来源：

ENVIRONMENTAL SCIENCE AND POLLUTION RESEARCH | 2022年 / 29卷 / 24期

关键词：

Digital finance; Corporate green innovation; Financial constraints; R&D investment; RESEARCH-AND-DEVELOPMENT; ENVIRONMENTAL INNOVATION; PRODUCT INNOVATION; DETERMINANTS; CONSTRAINTS;

D O I：

10.1007/s11356-022-18667-4

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

Green innovation is essential for improving the environment and realizing sustainable economic development. In this research, we use a sample of Chinese listed firms from 2011 to 2018 to examine whether and how digital finance affects corporate green innovation. The proof we provided shows that digital finance has a positive effect on green innovation. The result is consistent with a series of robustness tests. Further analyses show that digital finance promotes green innovation by alleviating financial constraints and increasing R&D investment. And the effect is more pronounced in economically backward regions and high-polluting industries. This research provides practical guidance for promoting finance development and improving the ecological environment.

引用

页码：35828 / 35840

页数：13

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