Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance DOI Creative Commons
Yang Yue, Fan Luo

Systems, Journal Year: 2024, Volume and Issue: 13(1), P. 13 - 13

Published: Dec. 30, 2024

Amidst the rapid evolution of digital technologies and strategic imperative achieving dual-carbon objectives, this paper empirically investigates how digital–green fusion (DGF) enhances corporate sustainable development performance (SDP), fostering a “harmonious symbiosis” between economic growth environmental protection. Utilizing data from China’s A-share listed companies over period 2010–2022, analysis reveals that DGF significantly boosts SDP, with results remaining robust through series endogeneity robustness tests. Mechanism further demonstrates digital-green integration not only drives green technology innovation information transparency but also optimizes labor resource allocation efficiency, collectively contributing to improved sustainability performance. Additionally, heterogeneity indicates positive impact on SDP is particularly pronounced in large enterprises, state-owned firms operating industries low uncertainty. This offers blueprint for harnessing achieve long-term synergies growth.

Language: Английский

Innovative solution suggestions for financing electric vehicle charging infrastructure investments with a novel artificial intelligence-based fuzzy decision-making modelling DOI Creative Commons

Gang Kou,

Serkan Eti, Serhat Yüksel

et al.

Artificial Intelligence Review, Journal Year: 2024, Volume and Issue: 58(1)

Published: Nov. 14, 2024

The right methods for effective financing of electric vehicle charging infrastructure investments should be identified. However, in the literature, there is no consensus on which funding source would these projects. There a need new study to recommend most appropriate strategy Accordingly, purpose this identify innovative solutions investments. A novel fuzzy decision-making model introduced reach objective. Firstly, weights experts are calculated using dimension reduction. Secondly, Spherical decision matrix obtained. Thirdly, criteria vehicles weighted importance through intercriteria correlation (CRITIC). Fourthly, ranked via ranking technique by geometric mean similarity ratio optimal solution (RATGOS). main contribution that strategies can identified establishing model. Most existing models literature could not consider experts. This condition criticized different scholar because have qualifications. To satisfy problem, study, reduction algorithm with machine learning taken into consideration compute thee findings demonstrate criterion financial determined as "potential income". According results, it also defined sustainable among "blockchain technology".

Language: Английский

Citations

2

Do Green Bonds Help to Improve Enterprises’ Financing Efficiency? Empirical Evidence Based on Chinese A-Share Listed Enterprises DOI Open Access

Ruxing Lin,

Guangcheng Ma,

Jianhua Cao

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(17), P. 7472 - 7472

Published: Aug. 29, 2024

This study investigates the relationship between green bonds and enterprises’ financing efficiency. A three-stage data envelopment analysis (DEA) model a fixed effects are used to achieve research objectives. paper analyzes dual dimensions of theoretical empirical investigation. By fully considering sub-stages process, it introduces into analytical framework efficiency issues. uses from China’s A-share listed enterprises 2000 2022, DEA measure each sub-stage financing, for testing. The found that issuing can significantly improve enterprises, especially in total repayment stages. Furthermore, this intermediary effect discuss inherent mechanism affecting Green promote transformation by investor recognition costs. However, impact is not obvious during fund use stage may be related transparency accountability mechanisms. result indicates expanding recognition, costs, through crucial successfully promoting moderation shows issued state-owned highly polluting more significant. highlights positively help sustainable economic development. also has policy implications stakeholders.

Language: Английский

Citations

1

Can Reverse Mixed-Ownership Reform Promote Green Transformation of Private Enterprises? DOI Creative Commons
Chaoqian Chen

Heliyon, Journal Year: 2024, Volume and Issue: 10(22), P. e40274 - e40274

Published: Nov. 1, 2024

Highlights•Reverse mixed-ownership can promote the green transformation of private enterprises.•Reverse reform promotes enterprises by easing their financing constraints•Reverse impairs internal control and impedes transformation.•Reverse is heterogeneous for enterprisesAbstractThe sector greatly influences China's economy, which crucial fostering consistent economic growth. This paper takes A-share listed (PEs) from 2009 to 2022 as research object, uses time-series regime-switching detection method detect changepoints reverse (RMOR) PEs, utilizes staggered difference-in-difference (DID) model investigate impact effect mechanism RMOR policy on (GT) PEs. The results show that significantly GT Additional tests reveal will lower level governance impede However, it help alleviate constraints PEs GT. moderation analysis has a greater small medium-sized (SMEs) compared large-scale enterprises. At industry level, exerts more significant influence capital-and technology-intensive industries than labor-intensive ones. Additionally, impacts in regions with government regulatory intensity higher intensity. study's findings provide new empirical insights, decision-making tools, innovative perspectives

Language: Английский

Citations

1

Double-Edged Sword of Industrial Internet of Things: Empirical Evidence from Green Transformation of Enterprises DOI Creative Commons
Liqun Liu, Lin Liu, Kai Liu

et al.

Heliyon, Journal Year: 2024, Volume and Issue: 10(19), P. e38595 - e38595

Published: Sept. 27, 2024

Language: Английский

Citations

0

Can digital finance curb corporate ESG decoupling? Evidence from Shanghai and Shenzhen A-shares listed companies DOI Creative Commons
Liu Hua, Juncheng Wang, Mengna Liu

et al.

Humanities and Social Sciences Communications, Journal Year: 2024, Volume and Issue: 11(1)

Published: Nov. 26, 2024

As green development gains traction, digital finance, a major engine of the economy, plays conducive role in improving total factor productivity. Against this backdrop, avoiding corporate ESG decoupling is essential pursuit and quality enterprises. With data from Shanghai Shenzhen A-share listed companies 2016 to 2022, study explores impact finance on decoupling, findings reveal that can suppress effect significant at 1% level. Specifically, curbs by alleviating financing restraints enterprises, increasing investment efficiency, information disclosure, minimizing managerial myopia; more pronounced non-state-owned high-tech heavy-polluting enterprises; second, investor attention positively moderates decoupling. The research are expected provide an empirical basis policy recommendations allow play effective leading enterprises healthy development.

Language: Английский

Citations

0

Role of green finance instruments and stakeholders on the sustainable finance and moderated by technology integration DOI
Amar Johri, Raj Kumar Singh

Environment Development and Sustainability, Journal Year: 2024, Volume and Issue: unknown

Published: Nov. 29, 2024

Language: Английский

Citations

0

Green Response: The Impact of Climate Risk Exposure on ESG Performance DOI Open Access
Yin Tang, Da Gao,

Xuemei Zhou

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(24), P. 10895 - 10895

Published: Dec. 12, 2024

Climate risk’s effects on society and economic development are becoming more pronounced, enterprises have to seize the opportunity for green transformation. Based public company data from 2011 2022, this study explores causal relationship between climate risk exposure (CRE) ESG performance by using a two-way fixed effect mode. The results indicate that CRE significantly enhances firms’ performance, which makes improvements in environmental practices. impact of promotion is particularly pronounced state-owned low-polluting businesses. In addition, it can improve through potential channels, such as employing executives, improving protection, boosting innovation. Meanwhile, digital level financing constraints play an effective moderating role. Further discussion shows increase has prompted firms fulfill responsibilities reduce carbon emissions. This provides new quantitative evidence how respond risk, expanding existing research performance. It further examines specific path companies’ transformation firm-level insights policymakers address change. These enrich theoretical system management help strengthen awareness cope with sustainable development.

Language: Английский

Citations

0

Untangling the Impact of ESG Performance on Financing and Value in the Supply Chain: A Congruence Theory Perspective DOI

Jiawei Xu,

Jianjun Lu, Li Chai

et al.

Business Strategy and the Environment, Journal Year: 2024, Volume and Issue: unknown

Published: Dec. 15, 2024

ABSTRACT The interdependent nature of supply chains allows a firm's financing activities to be influenced by the environmental, social, and governance (ESG) performance chain partners. Drawing upon congruence theory, this paper explores impact ESG among different members on both firm financial constraints market value. This study employs response surface analysis cluster examine data Chinese listed firms their from 2009 2022. From dyadic perspective customer–supplier, results suggest that customer supplier reduces customers' while increasing suppliers' constraints. reduction in enhances further reveals configuration patterns within triadic customer–focal firm–supplier. Our findings enrich empirical research chains, offering significant insights for managers investors allocating resources formulating investment strategies.

Language: Английский

Citations

0

“Dual synergistic” transformation and corporate total factor productivity: Empirical evidence from China DOI
Li Tang, Teng Zhang, Jiajie Wang

et al.

Economic Analysis and Policy, Journal Year: 2024, Volume and Issue: unknown

Published: Dec. 1, 2024

Language: Английский

Citations

0

Unlocking Corporate Sustainability: The Transformative Role of Digital–Green Fusion in Driving Sustainable Development Performance DOI Creative Commons
Yang Yue, Fan Luo

Systems, Journal Year: 2024, Volume and Issue: 13(1), P. 13 - 13

Published: Dec. 30, 2024

Amidst the rapid evolution of digital technologies and strategic imperative achieving dual-carbon objectives, this paper empirically investigates how digital–green fusion (DGF) enhances corporate sustainable development performance (SDP), fostering a “harmonious symbiosis” between economic growth environmental protection. Utilizing data from China’s A-share listed companies over period 2010–2022, analysis reveals that DGF significantly boosts SDP, with results remaining robust through series endogeneity robustness tests. Mechanism further demonstrates digital-green integration not only drives green technology innovation information transparency but also optimizes labor resource allocation efficiency, collectively contributing to improved sustainability performance. Additionally, heterogeneity indicates positive impact on SDP is particularly pronounced in large enterprises, state-owned firms operating industries low uncertainty. This offers blueprint for harnessing achieve long-term synergies growth.

Language: Английский

Citations

0