摘要
在数字经济背景下,企业践行负责任的数字化是促进科技向善和实现数字化转型与绿色发展兼容并进的重要路径。企业环境责任的履行常常受到“多言寡行”“漂绿”和“脱耦”等问题的困扰。基于2011—2019年A股上市公司的微观数据,探讨企业数字化水平对企业环境责任“少言多行”的影响及其边界条件的研究结果表明,数字化水平对企业环境责任的“少言多行”有显著的促进作用。在高环境压力下,数字化水平对企业环境责任的“少言多行”的促进作用更强。而当企业面临较高的融资约束时,数字化水平对企业环境责任的“少言”的促进作用更弱。数字化水平对“少言”的促进效应主要作用于企业环境信息的低质量披露而非高质量披露;数字化水平对企业环境责任的促进作用不会牺牲企业的财务绩效。上述研究结论揭示了企业数字化与企业绿色发展之间的紧密联系,为实现数字化转型和绿色发展两大社会目标提供重要启示。
In the context of digital economics,responsible digitalization practised by enterprises is an important path to promote the development of science and technology in the right direction and to achieve compatibility between digital transformation and green development.The fulfillment of corporate environmental responsibility is often plagued by issues such as“too much talk and too little action”,“drifting green”,and“decoupling”.Based on the micro data of A-share listed companies from 2011 to 2019,this paper explores the impact of corporate digitalization level on corporate environmental responsibility of“less talk and more action”and its boundary conditions.The findings indicate that the digitalization level has a significant promoting effect on corporate environmental responsibility in a“less talk and more action”way.Under high environmental pressure,the level of digitalization has a stronger promoting effect on corporate environmental responsibility of“speaking less and doing more”.When enterprises face higher financing constraints,the promotion effect of digitalization on their environmental responsibility of“speaking less”is weaker.The promotion effect of digitalization level on“less talk”mainly affects the low-quality disclosure of enterprise environmental information rather than high-quality disclosure.The promotion effect of digital level on corporate environmental responsibility will not sacrifice the financial performance of the enterprise.The above research conclusions reveal the close connection between enterprise digitization and enterprise green development,providing important insights for achieving the two major social goals of digital transformation and green development.
作者
段瑞焜
段永嘉
刘益
DUAN Rui-kun;DUAN Yong-jia;LIU Yi(Shanghai Jiaotong University,Shanghai 200030,China)
出处
《当代财经》
CSSCI
北大核心
2023年第10期85-96,共12页
Contemporary Finance and Economics
基金
国家自然科学基金重点项目“移动互联网情境下的全渠道营销研究”(71832008)。
关键词
数字化水平
环境责任
融资约束
环境压力
绿色发展
the level of digitalization
environmental responsibility
financial constraint
environment pressure
green development
