银行数字化转型对企业碳减排的影响研究  

Study on the Impact of Bank Digital Transformation on Corporate Carbon Emission Reduction

作　　者：李隋佳 周孝华[1] 张文卿 LI Suijia;ZHOU Xiaohua;ZHANG Wenqing(Chongqing University,Chongqing,China)

机构地区：[1]重庆大学经济与工商管理学院,重庆市400044

出　　处：《管理学报》2025年第3期505-515,共11页Chinese Journal of Management

基　　金：国家社会科学基金资助项目(22XJY007);中央高校基本科研业务费专项资金资助项目(2023CDJSKJJ24)。

摘　　要：将银行数字化转型纳入企业碳减排约束模型,利用2013~2021年上市公司数据,对银行数字化转型与企业碳减排之间的关系和影响机制进行实证分析。研究表明:①银行数字化转型显著促进企业碳减排,主要源于银行的战略数字化转型和业务数字化转型。②银行数字化转型主要通过企业融资效率和投资效率两个机制促进碳减排。具体地,环保补助、绿色金融、企业创新和低碳消费是提高企业投融资效率的推动因素。银行数字化转型所引导的企业碳减排,会受企业数字禀赋的制约。③上述促进作用在高投融资效率和低漂绿行为企业、清洁和技术密集行业、强环境规制和清洁能源地区的样本中更显著;低融资效率企业和低投资效率企业应差异化选择“政银企协作”或“供需交互”模式来促进碳减排。Using the panel data of Chinese listed companies from 2013 to 2021,this study tests the impact and mechanism between bank digital transformation(BDT)and corporate carbon emission reduction(CER).Results show that BDT has a positive impact on CER,which mainly comes from strategic BDT and operational BDT,while managerial BDT is not effective.Corporate finance efficiency and investment efficiency act as two mediators for BDT to stimulate CER.Company digital endowment positively moderates the relationship between BDT and CER.Heterogeneity analysis shows that the impact of BDT on CER is more significant in high finance and investment efficiency firms,less greenwashing firms,clean and technology-intensive industries,as well as strong environmental-regulation and clean energy regions.Lastly,the findings highlight the importance of firms to choose differentiated digital CER paths.

关 键 词：银行数字化转型 企业碳减排 投融资效率 

分 类 号：C93[经济管理—管理学]