银行金融科技对企业绿色创新的影响研究OA北大核心CHSSCDCSSCICSTPCD

This article shows that the application of fintech in banks significantly improves the level of green innovation in en-terprises,achieving dual growth in quality and quantity;The promoting effect of financial technology is more evident in non manu-facturing industries,small and medium－sized enterprises,enterprises with lower levels of earnings manipulation,and those with higher analyst attention.Mechanism analysis shows that financial technology promotes green innovation in enterprises through credit allocation effects and credit supervision effects,that is,financial technology can promote bank liquidity creation and alleviate finan-cing constraints to unleash the potential for green innovation in enterprises.It is also possible to strengthen the efficiency of bank su-pervision and improve the internal management level of enterprises to enhance their green innovation capabilities.Finally,this arti-cle innovatively identifies the peak investment of enterprises through filtering models and finds that fintech should be targeted with digital empowerment based on the dynamics of enterprise investment.During the peak period of corporate investment,the empower-ment of financial technology is greater,and the effects of credit allocation and credit supervision are more significant.