IDEAS home Printed from https://ideas.repec.org/a/eee/finlet/v90y2026ics1544612325026285.html

Can corporate digital investment enhance green production efficiency? Evidence from Chinese listed firms

Author

Listed:
  • Chen, Gaocai
  • Wang, Fan

Abstract

Corporate digital investment serves as a crucial driver of high-quality green transformation and plays an essential role in enhancing green total factor productivity (GTFP). Based on data from Chinese A-share listed companies, this paper empirically examines the impact of corporate digital investment on GTFP and its influence mechanisms. The study reveals that corporate digital investment significantly boosts the company’s own GTFP. Analysis of the mechanisms indicates that reducing green agency costs and enhancing the level of intelligent manufacturing are two significant ways through which corporate digital investment promotes GTFP. Heterogeneity analysis suggests that in firms whose executives have environmental backgrounds, in non-heavy-pollution industries, and in regions with strong environmental regulation, the impact of corporate digital investment on enhancing GTFP is more pronounced. The findings further enrich the research on digital investment and green production efficiency, and provide valuable insights for enterprises to achieve green development through digital transformation.

Suggested Citation

  • Chen, Gaocai & Wang, Fan, 2026. "Can corporate digital investment enhance green production efficiency? Evidence from Chinese listed firms," Finance Research Letters, Elsevier, vol. 90(C).
    • Handle: RePEc:eee:finlet:v:90:y:2026:i:c:s1544612325026285
    DOI: 10.1016/j.frl.2025.109379
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S1544612325026285
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.frl.2025.109379?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:finlet:v:90:y:2026:i:c:s1544612325026285. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/frl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.