A Study of the Effect of Digital Transformation on Firm Performance —— Based on the Mediating Effect of Green Technology Innovation
- DOI
- 10.2991/978-94-6463-270-5_17How to use a DOI?
- Keywords
- digital transformation; firm performance; green technology development
- Abstract
As electronic technologies rapidly evolve, digital transformation has become an important driving force for high-quality development of firms. In this context, studying the impact of digital transformation on firm performance is of great theoretical and practical importance. This paper selects all Chinese A-share listed companies from 2012 to 2022 as samples, empirically investigating the correlation between digital transformation and firm performance. The results illustrate that digital transformation can not only directly contribute to firm performance, but also indirectly improve firm performance by driving green technology innovation. What’s more, digital transformation affects firm performance differently because of heterogeneity. The positive impact is more significant in eastern firms, private firms and large-scale firms. Hence, firms should actively deepen digital transformation and green technology innovation; the government should develop incentive policies for digital transformation based on the actual situation of different firms.
- Copyright
- © 2023 The Author(s)
- Open Access
- Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.
Cite this article
TY - CONF AU - Jiaxin Luo PY - 2023 DA - 2023/10/29 TI - A Study of the Effect of Digital Transformation on Firm Performance —— Based on the Mediating Effect of Green Technology Innovation BT - Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023) PB - Atlantis Press SP - 154 EP - 167 SN - 2667-1271 UR - https://doi.org/10.2991/978-94-6463-270-5_17 DO - 10.2991/978-94-6463-270-5_17 ID - Luo2023 ER -