IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-03974905.html
   My bibliography  Save this paper

Digital economy and substantial green innovation: empirical evidence from Chinese listed companies

Author

Listed:
  • Qingling Liu

    (School of Accounting, Anhui University of Finance and Economics, Bengbu)

  • Xiaoxiao Yang

    (School of Accounting, Anhui University of Finance and Economics, Bengbu)

  • Zhiyang Shen

    (LEM - Lille économie management - UMR 9221 - UA - Université d'Artois - UCL - Université catholique de Lille - Université de Lille - CNRS - Centre National de la Recherche Scientifique)

  • Dalia Štreimikienė

    (Institute of Economics and Rural Development, Lithuanian Centre for Social Sciences, Vilnius)

Abstract

Amid the rise of the new industrial revolution, the digital economy has gradually become the major fulcrum behind China's industrial transformation. This study examines how the digital economy impacts enterprises' substantive green innovation and its mechanism using data drawn from a sample of Chinese listed companies covering 2011–2019 and focusing on internal control and long-term investment. The findings of a mechanism analysis indicate that the digital economy can significantly enhance enterprises' substantive green innovation by promoting the quality of internal control and stimulating long-term investment. Incorporating internal governance and agency issues into the research framework reveals that a higher level of corporate governance enhances the facilitation influence of digital economy on enterprises' substantive green innovation. Heterogeneity test results show that digital economy has a peculiarly significant role in enhancing the substantive green innovation of enterprises with a high proportion of management ownership. Not only does this study enrich the research on the microeconomic consequences of digital economy and the drivers of enterprises' green innovation, but its implications also suggest that China should accelerate the construction of new infrastructure and the green transformation of domestic enterprises.

Suggested Citation

  • Qingling Liu & Xiaoxiao Yang & Zhiyang Shen & Dalia Štreimikienė, 2022. "Digital economy and substantial green innovation: empirical evidence from Chinese listed companies," Post-Print hal-03974905, HAL.
    • Handle: RePEc:hal:journl:hal-03974905
    DOI: 10.1080/09537325.2022.2156336
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Senhua Huang & Wenzhong Ye & Feng Han, 2023. "Does the Digital Economy Promote Industrial Collaboration and Agglomeration? Evidence from 286 Cities in China," Sustainability, MDPI, vol. 15(19), pages 1-24, October.

    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:hal:journl:hal-03974905. 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: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.