A study of the impact effect of digital transformation on environmental performance ——Based intermediation of financing constraints

Abstract

This paper selects A-share listed companies in China's Shanghai and Shenzhen cities from 2015 to 2022 as the research sample, and puts forward the corresponding research hypotheses and empirically tests the relationship between digital transformation and environmental performance through the fixed effect model of digital transformation and environmental performance. The results show that corporate digital transformation can improve corporate environmental performance. The driving effect of digital transformation on corporate environmental performance is more prominent in enterprises with non-dual CEO and chairman positions, state-owned and high gearing ratios. Empirical evidence is provided at the firm level for the role of digital transformation in improving environmental performance, which contributes to the synergistic development of digital greening in firms.