南华大学学报（社会科学版）2025，Vol.26Issue(4)：24-36,13.DOI:10.13967/j.cnki.nhxb.2025.0046
"双碳"目标下数字化转型对企业绿色投资的影响研究
Research on the Impact of Digital Transformation on Enterprises'Green Investment under the Goal of"Dual Carbon"
摘要
Abstract
Under the goal of"dual-carbon",enterprises can accelerate low-carbon transformation and realize the two-way value-added of economic and environmental benefits by empowering their green investment decisions with digitalized and accurate data,and driving the efficient allocation of resources with technological innovation.This paper takes A-share listed companies in China's Shanghai and Shenzhen stock markets from 2012 to 2021 as the research object,and empirically examines the impact mechanism of digital trans-formation on enterprises'green investment.The study finds that:digital transformation increases corporate green investment,and the conclusion still holds after considering the endogeneity problem and robustness tests;the moderating effect finds that digitalization can positively promote corporate green investment by reducing agency costs,and environmental regulation also plays a positive moderating role,meanwhile,by affecting financing constraints,it has an opposite effects on corporate green investment with different degrees of fi-nancing constraints;further research shows that the nature of corporate property rights,shareholding concentration and asset-liability situation have a significant effect on increasing corporate green investment.关键词
数字化转型/企业绿色投资/融资约束/代理成本/环境规制Key words
digital transformation/corporate green investment/financing constraints/agency costs/environmental regu-lation分类
管理科学引用本文复制引用
唐洋,温琳艳.."双碳"目标下数字化转型对企业绿色投资的影响研究[J].南华大学学报（社会科学版）,2025,26(4):24-36,13.基金项目
湖南省社会科学成果评审委员会课题"‘双碳’目标下环境规制对企业绿色治理的影响机制及传导路径研究"资助(编号:XSP2023GLZ022) （编号:XSP2023GLZ022）
