探索数字绿色融合，提高企业竞争力

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-10-26 DOI:10.1016/j.frl.2024.106363

Yanyun Zhang , Shujing Yue , Xiaobing Lai

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引用次数: 0

摘要

推动数字绿色融合是实现高质量发展的关键。通过对 2009 年至 2021 年中国上市公司的 17814 项数字绿色专利进行抽样调查，我们发现数字绿色融合能显著提高企业竞争力。多个稳健性检验进一步证实了我们研究结果的可靠性和相关性。我们的机理分析表明，数字绿色融合通过降低代理成本和提高环境、社会和治理（ESG）绩效来增强企业竞争力。本文为揭示数字绿色融合对提高企业竞争力的价值提供了理论和实践意义。

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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Exploring digital green convergence for firm competitiveness

Promoting digital green convergence is critical toward high-quality development. Sampling with 17,814 digital green patents of listed firms in China from 2009 to 2021, we find that digital green convergence significantly improves firm competitiveness. The dependability and relevance of our findings are further confirmed by several robustness tests. Our mechanism analysis shows that digital green convergence enhances firm competitiveness by reducing agency costs and increasing Environmental, Social, and Governance (ESG) performance. This paper provides theoretical and practical implications for uncovering the value of digital green convergence to improve firm competitiveness.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance