Research on the Influence of Green Investment on the Digital Transformation of Enterprises—theoretical research and empirical test

Abstract

The digital transformation of enterprises is a key link in the construction of digital China. Based on the data of A-share listed companies in China from 2000 to 2020, this paper explores the influence of green investment on the digital transformation of enterprises through fixed effect. The results show that: (1) Green investment will inhibit the digital transformation of enterprises, and this effect is still valid after various robustness tests. (2) Green investment has a more significant inhibitory effect on the digital transformation of state-owned enterprises. (3) The inhibitory effect of green investment on the digital transformation of enterprises is more significant among enterprises in the central and western regions. According to the research results, it is further proposed that the digital transformation of enterprises should adapt to the green technology of enterprises; The state formulates and improves the green investment policy system; Explore the coordinated development path of green investment and enterprise digital transformation according to local conditions.