How does Digital Finance Promote Green Innovation in New Energy Firms? Evidence from Chinese Listed Companies
- DOI
- 10.2991/978-94-6239-701-9_72How to use a DOI?
- Keywords
- Digital finance; Green innovation; New energy firms; Financing constraints; Resource allocation
- Abstract
Within the digital economy, digital finance provides innovative sources of financing corporate innovation. This paper examines how digital finance influences green innovation with panel data on the Chinese listed new energy companies during 2011-2022. According to the results obtained based on the two-way fixed effects model, it can be stated that digital finance has a strong positive effect on green innovation. The mechanism tests also demonstrate that digital finance can be used to support green innovation through reducing the financing constraint as well as facilitating the upgrading of industrial structure. The stability of the results is verified by robustness checks. This paper offers an empirical basis at the level of firms of how digital finance can play a role in furthering green technological innovation and green transition.
- Copyright
- © 2026 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 - Jianghan Zheng PY - 2026 DA - 2026/07/30 TI - How does Digital Finance Promote Green Innovation in New Energy Firms? Evidence from Chinese Listed Companies BT - Proceedings of the 2026 11th International Conference on Social Sciences and Economic Development (ICSSED 2026) PB - Atlantis Press SP - 703 EP - 709 SN - 2352-5428 UR - https://doi.org/10.2991/978-94-6239-701-9_72 DO - 10.2991/978-94-6239-701-9_72 ID - Zheng2026 ER -