摘要
随着环境治理绩效的逐步提升,人们对环境质量的渴求也随着碳达峰和碳中和目标的提出而上升至一个新的高度,传统的环境规制手段已很难有更大的突破。已有研究发现数字技术成为推动中国绿色发展的新动力,数字化转型已经成为企业拓展环境绩效边界的重要途径。通过爬虫技术抓取上市企业年报中与“数字化转型”相关的关键词来刻画制造企业数字化转型水平,并基于2008-2020年A股制造业上市公司数据,实证探究了数字化转型对企业环境绩效的影响及其机理。研究发现:制造企业数字化转型显著提升了其环境绩效,并且该结论在考虑内生性问题以及一系列稳健性检验基础上依然成立;机制分析表明,数字化转型对制造企业环境绩效的提升作用主要通过促进企业绿色技术创新和缓解企业内部融资约束来实现;异质性分析发现,数字化转型的环境绩效提升效果不仅受产权性质、企业规模和行业属性等企业内部特征的影响,还受地区环境规制强度等外部因素的影响。因此应进一步推动企业数字化转型,加强企业环境信息披露,强化数字技术对企业环境绩效的治理效应。
With the gradual improvement of environmental governance performance,people’s desire for environmental quality has also risen to a new height with the proposal of carbon peaking and carbon neutrality goals.It is increasingly difficult for traditional environmental regulation approaches to make breakthroughs.The existing studies find that digital technology has become a new driving force for promoting green development,and digital transformation has become an important way for enterprises to expand the boundary of environmental performance.On this basis,the present paper uses crawler technology to extract keywords associated with“digital transformation”in the annual reports of listed enterprises to characterize the degree of digital transformation in manufacturing enterprises.Further,by using the data of listed A-share manufacturing enterprises from 2008 to 2020,it empirically investigates the impact of digital transformation on the enterprise’s environmental performance and its underlying mechanism.The findings show that the digital transformation of the manufacturing industry has significantly improved its environmental performance,and this conclusion still holds true when considering the endogeneity and conducting a series of robustness tests.The mechanism analysis shows that the positive impact is primarily achieved by promoting green technological innovation and alleviating internal financing constraints of enterprises.Heterogeneity analysis shows that the improvement is affected by not only the internal characteristics of enterprises such as property rights,enterprise size and industry attributes,but also by the external factors like the intensity of regional environmental regulation.The policy implications of this study are further advancing the digital transformation of enterprises,increasing disclosure of enterprises’environmental information,and reinforcing the governance effects of digital technology on enterprises’environmental performance.
作者
李静
周孟艳
LI Jing;ZHOU Meng-yan(School of Economics,Hefei University of Technology,Hefei 230601,China)
出处
《兰州大学学报（社会科学版）》
北大核心
2024年第1期52-65,共14页
Journal of Lanzhou University（Social Sciences）
基金
国家自然科学基金面上项目“多目标约束下水资源税改革的效果评估及政策优化研究”(71974051)。
关键词
数字化转型
企业环境绩效
环境治理效应
绿色技术创新
融资约束
digital transformation
enterprise environmental performance
environmental governance effect
green technology innovation
financing constraints
