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Micro-perspective of listed companies in China: Digital development promotes the green transformation of the manufacturing industry

In the context of the rapid development of the global digital economy, it is of great significance to explore the greening transformation of the manufacturing industry from the micro-perspective of enterprise digital development. This paper empirically examines the impact and mechanism of enterprise...

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Published in:PloS one 2023-10, Vol.18 (10), p.e0293474-e0293474
Main Authors: Wang, Haohui, Wu, Lunwen, Peng, Gang, Du, Hongmei
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description In the context of the rapid development of the global digital economy, it is of great significance to explore the greening transformation of the manufacturing industry from the micro-perspective of enterprise digital development. This paper empirically examines the impact and mechanism of enterprise digital development on the greening transformation of the manufacturing industry using the 2010-2020 data of Chinese A-share listed companies in the manufacturing industry as a sample. The study shows that enterprise digital development can significantly promote the greening transformation of China's manufacturing industry, and this conclusion still holds after a series of robustness tests. Technological innovation and financing constraints are important mediating mechanisms. Further research found that the impact of enterprise digital development on the greening transformation of China's manufacturing industry has a positive nonlinear effect, and its marginal effect shows a weakening trend. Heterogeneity analysis shows that, from the perspective of micro characteristics, digital development is more able to promote the green transformation of state-owned and large enterprises. From a macro-regional perspective, digital development can better promote the green transformation of the manufacturing industry in eastern cities, key city clusters, and high-level cities. The findings of this paper can provide corresponding insights for "revitalizing the manufacturing industry", and also provide decision-making references for countries aiming to make the manufacturing industry bigger and stronger.
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subjects Computer and Information Sciences
Earth Sciences
Ecology and Environmental Sciences
Environmental aspects
Forecasts and trends
Government business enterprises
Green technology
Innovations
Manufacturing industry
People and Places
Physical Sciences
Research and Analysis Methods
Social Sciences
Sustainable development
Sustainable living
title Micro-perspective of listed companies in China: Digital development promotes the green transformation of the manufacturing industry
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