Can green credit policies improve the digital transformation of heavily polluting enterprises: A quasi-natural experiment based on difference-in-differences.

ABSTRACT: The digital transformation of the manufacturing industry is closely linked to green credit policies, which jointly promote the development of the manufacturing industry towards a more environmentally friendly, efficient and sustainable development. Based on the research sample of China's manufacturing A-share listed companies from 2008 to 2022, this paper uses the difference-in- differences (DID) method to analyze the impact of green credit policies on the digital transformation of heavily polluting enterprises. The results show that green credit policies significantly inhibit the digital transformation of heavily polluting enterprises. In terms of the adjustment mechanism, the R&D investment of enterprises and the financial background of senior executives have weakened the inhibitory effe

SUBMITTER: Zhou X 

PROVIDER: S-EPMC11361581 | biostudies-literature | 2024

REPOSITORIES: biostudies-literature