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Digital finance and firm green innovation: The role of media and executives

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  • Wang, Wenwen

Abstract

This study aims to explore the influence of digital finance on firm green innovation and its underlying mechanisms, using data of A-share listed companies from 2011 to 2022. Findings indicate that digital finance positively affects firm green innovation by accelerating digital transformation. Media coverage and green executive cognition positively influence the impact of digital finance on green innovation. Heterogeneity test results reveal that digital finance has a more notable impact on firm green innovation in cities with better digital infrastructure.

Suggested Citation

  • Wang, Wenwen, 2025. "Digital finance and firm green innovation: The role of media and executives," Finance Research Letters, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:finlet:v:74:y:2025:i:c:s1544612325000595
    DOI: 10.1016/j.frl.2025.106794
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    6. Yongpeng Ma & Rosli Mahmood & Annuar Md Nassir & Leyi Zhang, 2025. "Digital Finance and Green Technology Innovation: A Dual-Layer Analysis of Financing and Governance Mechanisms in China," Sustainability, MDPI, vol. 17(20), pages 1-25, October.

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