Green image, digital transformation, and corporate green innovation

IF 9.8 1区经济学 Q1 BUSINESS, FINANCE

International Review of Financial Analysis Pub Date : 2025-08-15 DOI:10.1016/j.irfa.2025.104518

Jinghao Ma , Yujie Shang , Liming Liu

引用次数: 0

Abstract

Empirical analysis based on panel data from Chinese A-share listed companies from 2008 to 2023 indicates that a company's green image has a significant positive effect on corporate green innovation. Digital transformation can markedly enhance the level of green innovation within enterprises. Green image serves as a transmission pathway between digital transformation and green innovation performance, meaning that digital transformation further influences corporate green innovation through its impact on green image. Heterogeneity analysis reveals that, compared to state-owned enterprises (SOEs), the effects of green image and digital transformation on green innovation are more pronounced for private-owned enterprises (POEs).

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绿色形象、数字化转型、企业绿色创新

基于2008 - 2023年中国a股上市公司面板数据的实证分析表明，企业绿色形象对企业绿色创新具有显著的正向影响。数字化转型可以显著提升企业内部的绿色创新水平。绿色形象是数字化转型与绿色创新绩效之间的传递途径，即数字化转型通过对绿色形象的影响进一步影响企业的绿色创新。异质性分析表明，与国有企业相比，绿色形象和数字化转型对民营企业绿色创新的影响更为明显。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Review of Financial Analysis BUSINESS, FINANCE-

CiteScore

10.30

自引率

9.80%

发文量

366

期刊介绍： The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.