数字化转型、绿色创新与企业可持续发展绩效——环境动态性的调节作用

Digital Transformation, Green Innovation and Corporate Sustainable Development Performance: The Moderating Role of Environmental Dynamics

摘要:

在数字经济时代,数字化转型深刻影响企业可持续发展绩效。 选取2010—2023年中国制造业上市公司为样本,并整合财务与环境社会责任绩效,搭建科学的企业可持续发展绩效衡量框架。经理论推演与实证检验发现:数字化转型能直接实现企业财务与环境社会责任绩效双赢,即提升了企业可持续发展绩效,且结果具有可靠的稳健性。数字化转型通过推动绿色协同式与绿色平衡式创新,间接提升企业可持续发展绩效。环境动态性的调节作用因绿色创新的类型而异:环境动态性显著调节绿色平衡式创新与企业环境社会责任绩效之间的关系,但对绿色平衡式创新与企业财务绩效之间的关系却不具有调节效应;而环境动态性对绿色协同式创新与企业财务绩效、环境社会责任绩效的调节作用均显著。研究结论为中国企业数字化转型与可持续发展提供新的实证依据,拓展了对绿色创新的认知。

Abstract:

In the era of the digital economy, digital transformation profoundly influences the sustainable development performance of enterprises. Listed manufacturing companies in China from 2010 to 2023 was selected as the research sample and constructs a scientific measurement framework for corporate sustainable development performance by integrating financial and environmental social responsibility performance. Through theoretical deduction and empirical testing, the results indicate that digital transformation directly fosters a synergistic improvement in both financial and environmental social responsibility performance, thereby enhancing overall corporate sustainable development. These findings remain robust after robustness checks. Furthermore, digital transformation indirectly boosts sustainable development performance by fostering green collaborative and green balanced innovations. The analysis also reveals that the moderating role of environmental dynamism varies by innovation type. It significantly moderates the relationship between green balanced innovation and corporate environmental social responsibility performance but has no significant effect on the link with financial performance. In contrast, regarding green collaborative innovation, environmental dynamism exerts a significant moderating effect on both financial and environmental social responsibility performance. It provides new empirical evidence regarding digital transformation and sustainable development in China and enriches the theoretical understanding of green innovation