Applied Economics,
Год журнала:
2024,
Номер
unknown, С. 1 - 18
Опубликована: Март 19, 2024
This
study
explores
the
mechanisms
and
heterogeneity
of
impact
digital
finance
on
financial
mismatch
in
China,
utilizing
data
among
Chinese
A-share
listed
companies
for
period
from
2012
to
2021.
The
results
offer
following
key
findings:
(1)
notably
diminishes
mismatch,
a
battery
endogeneity
robustness
tests
validate
resilience
these
results;
(2)
alleviates
by
addressing
issues
related
financing
constraints,
information
asymmetry,
transformation;
(3)
analysis
shows
that
mitigating
effect
is
more
pronounced
regions
are
developed
financially,
non-state-owned
enterprises,
high-tech
industries,
low-polluting
industries.
European Journal of Innovation Management,
Год журнала:
2025,
Номер
unknown
Опубликована: Янв. 10, 2025
Purpose
It
is
found
that
previous
studies
only
focus
on
how
digital
transformation
contributes
to
individual
firms’
green
innovation
performance
while
ignoring
the
important
role
it
plays
in
spillover
and
diffusion
of
innovations
among
peer
firms.
Therefore,
this
study
aims
investigate
influence
focal
firms
heavily
polluting
industries
mediated
by
environmental,
social
governance
(ESG)
agency
conflict.
Further,
also
expected
explore
effects
transformation’s
spillover.
Design/methodology/approach
This
chooses
6,438
A-share
listed
stock
exchanges
based
Shanghai
Shenzhen
China
during
2010–2020
as
samples
tests
hypothesis
with
ordinary
least
squares
(OLS)
regression.
Results
prove
be
robust
a
battery
robustness
analyses
authors
performed
take
care
endogeneity.
Findings
The
results
show
firm’s
may
trigger
their
prompt
them
engage
activities
actively.
mechanism
test
shows
ESG
conflict
mediate
path
between
Finally,
high
industry
competition
large
scale,
are
more
significant
conventional
energy-based
source
control,
end-of-pipe
treatment
substantive
innovation.
Originality/value
possible
provide
potential
driving
spillovers.
findings
lay
sound
foundation
for
future
research,
providing
theoretical
support
practical
insights
empower
achieve
low-carbon
development.
Industrial Management & Data Systems,
Год журнала:
2024,
Номер
124(5), С. 2021 - 2041
Опубликована: Апрель 25, 2024
Purpose
This
study
aims
to
investigate
the
influence
of
digital
transformation
on
overall
financial
performance
firms,
with
a
specific
focus
Chinese-listed
companies
from
2010
2021.
It
seeks
understand
impacts
various
accounting
and
indicators
in
emerging
economies
such
as
China.
Design/methodology/approach
employs
text-mining
approach
construct
index
based
data
sample
11,814
firm-year
observations
China’s
A-share
listed
companies.
serves
proxy
measure
extent
its
impact
health.
Findings
The
findings
indicate
that
significantly
enhances
health,
evidenced
by
increased
profitability,
reduced
operational
costs,
lowered
risks.
reveals
time-lagged
effect,
where
benefits
become
more
apparent
after
about
one
year.
Further
analysis
shows
value
is
evident
firm’s
asset
items.
raises
possibility
recognising
by-product,
resources,
process.
Originality/value
research
offers
unique
contribution
linking
using
large
dataset
China's
firms.
Doing
so
our
understanding
tangible
effects
corporate
performance.
Furthermore,
this
provides
valuable
insights
for
advancement
future
practices
development
standards.
