Evolution of Digital Transformation of Listed Companies at the Prefecture Level and Its Impact on Carbon Emissions
Based on the data of Chinese A-share listed companies,this paper measures enterprise digital transformation by using the total number of digital transformation-related word frequencies of enterprise and the proportion of digital assets in intangible assets,and analyzes its spatiotemporal characteristics as well as its impact on carbon emissions applying the Dagum's Gini coefficient and the spatial Durbin model.The study finds that:1)The digital transformation of urban enterprises has been developing steadily,with the total number of digital transformation-related word frequencies increasing from 5630 times in 2011 to 33420 times in 2021,and the proportion of digital assets increasing from 2.60% to 4.64% .2)Digital transformation level is higher in the eastern region of the Hu Line than that in the western region of the Hu Line,and the gap between regions is significantly larger than the gap within regions,of which the difference within the western region is the largest,and the overall difference shows a decreasing trend.The spatial agglomeration effect is weak but rising,accelerating the spatial agglomeration phenomenon in Beijing-Tianjin-Hebei,Yangtze River Delta and Pearl River Delta and other urban agglomerations.3)Digital transformation of enterprises has significant inhibition and spatial spillover effects on urban carbon emissions,mainly through the two aspects of enterprise internal and industrial integration,to achieve structural optimization,resource integration,efficiency enhancement,benefit increase and carbon emission reduction.The carbon emission reduction effect in different regions and different economic agglomeration areas is characterized by heterogeneity.This paper puts forward countermeasures and suggestions in terms of application of digital technology,appropriate transformation methods,long-term incentive mechanism,and coordinated regional development,which are useful references for promoting enterprise digital transformation and its carbon emission reduction effect.