Digital finance and corporate green innovation
Yusong Chen
School of Finance, Harbin University of Commerce
DOI: https://doi.org/10.59429/bam.v7i1.9545
Keywords: Digital finance; Green innovation; Financing efficiency; Resource allocation; Environmental sustainability
Abstract
The rapid development of digital finance is profoundly affecting various industries, in which the promotion of green innovation for enterprises is particularly significant. The purpose of this paper is to explore how digital finance can promote enterprises’ innovation in green technology and products by enhancing financing efficiency, optimizing resource allocation, promoting information transparency and other channels. By sorting out the relevant theoretical foundations and combining with typical case studies, this paper systematically elaborates the intrinsic mechanism between digital finance and corporate green innovation, and puts forward corresponding policy recommendations.
References
[1] Chen J, Zhu D, Ren X, et al. Does digital finance promote the “quantity” and “quality” of green A dynamic spatial Durbin econometric analysis[J]. Environmental Science and Pollution Research, 2023, 30(28): 72588-72606.
[2] Li W, Cai J, Zhu Y, et al. Can digital finance development drive green transformation in manufacturing? Evidence from China[J]. Environmental Science and Pollution Research, 2024, 31(16): 23876-23895.
[3] Chen J, Zhu D, Ren X, et al. Does digital finance promote the “quantity” and “quality” of green A dynamic spatial Durbin econometric analysis[J]. Environmental Science and Pollution Research, 2023, 30(28): 72588-72606.
[4] Li W, Cai J, Zhu Y, et al. Can digital finance development drive green transformation in manufacturing? Evidence from China[J]. Environmental Science and Pollution Research, 2024, 31(16): 23876-23895.