| Title: |
Does digital finance drive the green level of transportation companies? Coordination effects of governmental digital preference |
| Authors: |
Ruizeng Zhao, Jie Wu, Jiasen Sun |
| Source: |
Journal of Management Science and Engineering, Vol 9, Iss 3, Pp 376-389 (2024) |
| Publisher Information: |
KeAi Communications Co., Ltd., 2024. |
| Publication Year: |
2024 |
| Collection: |
LCC:Industrial engineering. Management engineering |
| Subject Terms: |
Digital finance, Green development, Listed company, Chain mediation model, Moderated mediation model, Industrial engineering. Management engineering, T55.4-60.8 |
| More Details: |
This paper examines the influence of digital finance (DF) on the green level of transportation companies (GLTC, n = 112) listed on the Chinese A-share market from 2011 to 2021 through moderation and mediation models. According to the conclusions, first, a significantly positive correlation exists between DF and GLTC. Second, DF indirectly promotes GLTC by enhancing corporate value and alleviating financing constraints. Both enterprise value and financing constraints have a chain mediation effect. Third, the government's digital preference can enhance the role of DF in promoting GLTC and alleviating financing constraints. In addition, governmental digital preference can moderate the impact of financing constraints on GLTC. Fourth, the effect of DF on GLTC exhibits regional, scale, and ownership heterogeneities. Drawing on the conclusions of the empirical analysis, several pertinent recommendations are proposed from micro and macro perspectives. |
| Document Type: |
article |
| File Description: |
electronic resource |
| Language: |
English |
| ISSN: |
2096-2320 |
| Relation: |
http://www.sciencedirect.com/science/article/pii/S2096232024000301; https://doaj.org/toc/2096-2320 |
| DOI: |
10.1016/j.jmse.2024.05.004 |
| Access URL: |
https://doaj.org/article/c966fd8d2eb94c219add8be207299fbc |
| Accession Number: |
edsdoj.966fd8d2eb94c219add8be207299fbc |
| Database: |
Directory of Open Access Journals |
