Frontiers in Environmental Science, Год журнала: 2025, Номер 13
Опубликована: Фев. 12, 2025
Environmental pollution is a significant constraint on the sustainable development of manufacturing companies, while digital transformation has been proven to be an effective method for companies’ environmental governance. Government information disclosure (GEID), as crucial governance tool, enhances collaborative capabilities both government and external stakeholders companies. Logically, this indicates that by emphasizing regulation, GEID can promote corporate transformation. This study empirically analyzes impact using sample Chinese A-share listed The results indicate higher local levels significantly boost companies in region, with one-point increase resulting 0.31% rise degree conclusion remains robust across various endogeneity robustness tests. Further analysis reveals primarily promotes through mechanisms such fostering green strategies innovation, increasing R&D expenditure, reducing financing constraints. Additionally, finds especially firms poor performance, low fixed asset ratios, non-state-owned enterprises, during post-2015 period. Despite heavy assets typically being seen barrier heavily polluting industries, still asset-intensive enterprises. not only provides new perspective understanding but also offers empirical evidence policymakers managers, thereby aiding enterprises achieving goals.
Язык: Английский