{"title":"通过数字化实现绿色化?探索企业数字化转型对 \"洗绿 \"的影响","authors":"Shanyong Wang, Yancheng Lai, Shuainan Zhang","doi":"10.1002/bse.3825","DOIUrl":null,"url":null,"abstract":"<p>Greenwashing has become an important strategy for enterprises to cope with the intense pressure on environmental sustainability and to gain environmental legitimacy. Digital transformation has an important impact on enterprise decision-making and environmental management. Based on panel data of Chinese A-share listed enterprises from 2011 to 2021, we empirically examine the relationship between digital transformation and greenwashing using a fixed-effects model. The results show that enterprise digital transformation can significantly inhibit greenwashing behavior. Second, the impact of enterprise digital transformation on greenwashing exhibits heterogeneous effects at the regional, industry, and firm levels. Furthermore, enterprise digital transformation suppresses greenwashing by alleviating financing constraints, improving information transparency, and enhancing internal control. In addition, we also find that there is an effective boundary to the impact of digital transformation on greenwashing. Specifically, digital transformation exerts a mitigating impact on enterprise greenwashing when the digital transformation level is lower than 10.2163 or higher than 15.7763. Our findings provide references for managers and policy makers to understand digital transformation and its impact on greenwashing.</p>","PeriodicalId":9518,"journal":{"name":"Business Strategy and The Environment","volume":"33 7","pages":"6616-6639"},"PeriodicalIF":12.5000,"publicationDate":"2024-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Greening by digitization? Exploring the effect of enterprise digital transformation on greenwashing\",\"authors\":\"Shanyong Wang, Yancheng Lai, Shuainan Zhang\",\"doi\":\"10.1002/bse.3825\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<p>Greenwashing has become an important strategy for enterprises to cope with the intense pressure on environmental sustainability and to gain environmental legitimacy. Digital transformation has an important impact on enterprise decision-making and environmental management. Based on panel data of Chinese A-share listed enterprises from 2011 to 2021, we empirically examine the relationship between digital transformation and greenwashing using a fixed-effects model. The results show that enterprise digital transformation can significantly inhibit greenwashing behavior. Second, the impact of enterprise digital transformation on greenwashing exhibits heterogeneous effects at the regional, industry, and firm levels. Furthermore, enterprise digital transformation suppresses greenwashing by alleviating financing constraints, improving information transparency, and enhancing internal control. In addition, we also find that there is an effective boundary to the impact of digital transformation on greenwashing. Specifically, digital transformation exerts a mitigating impact on enterprise greenwashing when the digital transformation level is lower than 10.2163 or higher than 15.7763. Our findings provide references for managers and policy makers to understand digital transformation and its impact on greenwashing.</p>\",\"PeriodicalId\":9518,\"journal\":{\"name\":\"Business Strategy and The Environment\",\"volume\":\"33 7\",\"pages\":\"6616-6639\"},\"PeriodicalIF\":12.5000,\"publicationDate\":\"2024-06-07\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Business Strategy and The Environment\",\"FirstCategoryId\":\"91\",\"ListUrlMain\":\"https://onlinelibrary.wiley.com/doi/10.1002/bse.3825\",\"RegionNum\":1,\"RegionCategory\":\"管理学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Business Strategy and The Environment","FirstCategoryId":"91","ListUrlMain":"https://onlinelibrary.wiley.com/doi/10.1002/bse.3825","RegionNum":1,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS","Score":null,"Total":0}
Greening by digitization? Exploring the effect of enterprise digital transformation on greenwashing
Greenwashing has become an important strategy for enterprises to cope with the intense pressure on environmental sustainability and to gain environmental legitimacy. Digital transformation has an important impact on enterprise decision-making and environmental management. Based on panel data of Chinese A-share listed enterprises from 2011 to 2021, we empirically examine the relationship between digital transformation and greenwashing using a fixed-effects model. The results show that enterprise digital transformation can significantly inhibit greenwashing behavior. Second, the impact of enterprise digital transformation on greenwashing exhibits heterogeneous effects at the regional, industry, and firm levels. Furthermore, enterprise digital transformation suppresses greenwashing by alleviating financing constraints, improving information transparency, and enhancing internal control. In addition, we also find that there is an effective boundary to the impact of digital transformation on greenwashing. Specifically, digital transformation exerts a mitigating impact on enterprise greenwashing when the digital transformation level is lower than 10.2163 or higher than 15.7763. Our findings provide references for managers and policy makers to understand digital transformation and its impact on greenwashing.
期刊介绍:
Business Strategy and the Environment (BSE) is a leading academic journal focused on business strategies for improving the natural environment. It publishes peer-reviewed research on various topics such as systems and standards, environmental performance, disclosure, eco-innovation, corporate environmental management tools, organizations and management, supply chains, circular economy, governance, green finance, industry sectors, and responses to climate change and other contemporary environmental issues. The journal aims to provide original contributions that enhance the understanding of sustainability in business. Its target audience includes academics, practitioners, business managers, and consultants. However, BSE does not accept papers on corporate social responsibility (CSR), as this topic is covered by its sibling journal Corporate Social Responsibility and Environmental Management. The journal is indexed in several databases and collections such as ABI/INFORM Collection, Agricultural & Environmental Science Database, BIOBASE, Emerald Management Reviews, GeoArchive, Environment Index, GEOBASE, INSPEC, Technology Collection, and Web of Science.