Enterprise Digital Transformation,Green Innovation and Carbon Performance—Moderating Effects of Carbon Emissions Trading Policy and Public Environmental Concern
With the rapid development of the digital economy,utilizing digital advantages to assist enterprises in green transformation has become an inevitable trend in the context of"carbon peak and neutrality".Based on stakeholder theory and signal theory,it took Chinese A-share listed industrial enterprises on Shanghai and Shenzhen stock exchange from 2014 to 2020 as samples to empirically test whether the digital transformation of enterprises can improve carbon performance,and discussed the mediating effect of green innovation,as well as the moderating effects of carbon emissions trading policy and public environmental concern.It shows that the digital transformation of enterprises has a significant positive impact on carbon performance,and positively affects the level of carbon performance of enterprises through green innovation.At the same time,both carbon emissions trading policy and public environmental concern play positive moderating effects.Heterogeneity test shows that the promotion of digital transformation of enterprises on carbon performance is more significant in the context of non high-tech enterprises and high market competition intensity,but the impact of the nature of enterprise property rights is not significant.The research conclusion clarifies the driving mechanism of digital transformation in promoting green innovation and improving carbon performance,which has important reference significance for promoting digital transformation of enterprises to achieve green development.
enterprise digital transformationcarbon performancegreen innovationcarbon emissions trading policypublic environmental concern