金融科技对企业绿色转型的激励效应研究——基于数字化和绿色治理的双赋能视角  

The Incentive Effect of Fintech on Enterprise Green Transformation:Based on the Dual Empowerment Perspective of Digitization and Green Governance

作　　者：胡金焱[1] 于露 刘茵伟 HU Jin-yan;YU Lu;LIU Yin-wei(School of Economics,Shandong University,Jinan 250100,China)

机构地区：[1]山东大学经济学院,山东济南250100

出　　处：《现代财经（天津财经大学学报）》2024年第6期93-109,共17页Modern Finance and Economics：Journal of Tianjin University of Finance and Economics

基　　金：国家社会科学基金重大项目(22&ZD117);国家社会科学基金重点项目(21AZD114)。

摘　　要：在“美丽中国建设”以绿色转型为核心的背景下,金融科技能否有效激励企业实现绿色转型成为当前研究的重要议题。本文采用文本分析和面板数据分析方法,利用2011—2022年沪深A股上市公司数据,实证研究了金融科技对企业绿色转型的影响。研究发现:金融科技发展能够显著促进企业绿色转型,经过一系列稳健性检验后该结论依然成立。机制分析表明,金融科技主要通过数字化赋能和绿色治理赋能进而促进企业绿色转型。异质性分析则发现,金融科技对不同类型企业的绿色转型促进作用存在差异。本文从企业绿色转型视角丰富了金融科技发展的微观经济效应研究,研究结论对于推动金融科技发展、实现企业绿色转型及国家可持续发展战略具有重要的理论和实践意义。Under the background of“beautiful China construction”with green transformation as the core,whether financial technology can effectively incentivize enterprises to realize green transformation has become an important issue in current research.This paper empirically investigates the impact of Fintech on the green transformation of enterprises by using text analysis and panel data analysis methods,utilizing the data of A-share listed companies in Shanghai and Shenzhen from 2011 to 2022.It is found that Fintech development can significantly promote corporate green transformation,and the conclusion still holds after a series of robustness tests.Mechanism analysis shows that Fintech facilitates corporate green transformation mainly through digital empowerment and green governance empowerment.Heterogeneity analysis reveals that there are differences in the role of Fintech in promoting green transformation for different types of enterprises.This paper enriches the research on the microeconomic effects of Fintech development from the perspective of enterprise green transformation,and the findings are of great theoretical and practical significance for promoting the development of Fintech,realizing the green transformation of enterprises and the national sustainable development strategy.

关 键 词：金融科技 绿色转型 企业数字化 绿色治理 

分 类 号：F832[经济管理—金融学] F272