Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations
Corporate green investment is a new possibility that may overcome environmental challenges and other economic concerns. The excessive use of industrial gases and chemicals concerns all authorities. Conversely, the traditional economy has rapidly transformed into a digital economy, particularly in Ch...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2024
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| Online Access: | http://psasir.upm.edu.my/id/eprint/115286/ http://psasir.upm.edu.my/id/eprint/115286/1/115286.pdf |
| _version_ | 1848866736421470208 |
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| author | Javeed, Sohail Ahmad Latief, Rashid Cai, Xiang Ong, Tze San |
| author_facet | Javeed, Sohail Ahmad Latief, Rashid Cai, Xiang Ong, Tze San |
| author_sort | Javeed, Sohail Ahmad |
| building | UPM Institutional Repository |
| collection | Online Access |
| description | Corporate green investment is a new possibility that may overcome environmental challenges and other economic concerns. The excessive use of industrial gases and chemicals concerns all authorities. Conversely, the traditional economy has rapidly transformed into a digital economy, particularly in China. The digital financing system in China edifies a new face of the industry and economy that stimulates company social action. This study unfolds the three critical aspects of digital finance that pertain to corporate green investments in highly polluting companies. After a series of econometric tests, the research demonstrated how companies can be persuaded to make green investments using digital financing. It emphasised how institutional investors support corporate green investments and act as moderators to strengthen the relationship between digital finance and corporate green investment. Furthermore, it unveiled the critical function of environmental regulations for green investment improvement and the reason for positivity among digital financing and company green investment. With the heterogeneity test, the study segregated state-owned and non-state-owned firms. It discovered that state-owned businesses use the digital finance function more than non-state-owned businesses. This weak connection can be vital for non-state-owned firms through institutional investors and environmental regulations as moderators. Therefore, a fresh viewpoint in the digital age can encourage policymakers to improve corporate social action and promote a green economy. |
| first_indexed | 2025-11-15T14:25:20Z |
| format | Article |
| id | upm-115286 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T14:25:20Z |
| publishDate | 2024 |
| publisher | Elsevier |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-1152862025-03-10T07:35:06Z http://psasir.upm.edu.my/id/eprint/115286/ Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations Javeed, Sohail Ahmad Latief, Rashid Cai, Xiang Ong, Tze San Corporate green investment is a new possibility that may overcome environmental challenges and other economic concerns. The excessive use of industrial gases and chemicals concerns all authorities. Conversely, the traditional economy has rapidly transformed into a digital economy, particularly in China. The digital financing system in China edifies a new face of the industry and economy that stimulates company social action. This study unfolds the three critical aspects of digital finance that pertain to corporate green investments in highly polluting companies. After a series of econometric tests, the research demonstrated how companies can be persuaded to make green investments using digital financing. It emphasised how institutional investors support corporate green investments and act as moderators to strengthen the relationship between digital finance and corporate green investment. Furthermore, it unveiled the critical function of environmental regulations for green investment improvement and the reason for positivity among digital financing and company green investment. With the heterogeneity test, the study segregated state-owned and non-state-owned firms. It discovered that state-owned businesses use the digital finance function more than non-state-owned businesses. This weak connection can be vital for non-state-owned firms through institutional investors and environmental regulations as moderators. Therefore, a fresh viewpoint in the digital age can encourage policymakers to improve corporate social action and promote a green economy. Elsevier 2024 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/115286/1/115286.pdf Javeed, Sohail Ahmad and Latief, Rashid and Cai, Xiang and Ong, Tze San (2024) Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations. Journal of Cleaner Production, 446. art. no. 141367. pp. 1-13. ISSN 0959-6526; eISSN: 0959-6526 https://linkinghub.elsevier.com/retrieve/pii/S095965262400814X 10.1016/j.jclepro.2024.141367 |
| spellingShingle | Javeed, Sohail Ahmad Latief, Rashid Cai, Xiang Ong, Tze San Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations |
| title | Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations |
| title_full | Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations |
| title_fullStr | Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations |
| title_full_unstemmed | Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations |
| title_short | Digital finance and corporate green investment: a perspective from institutional investors and environmental regulations |
| title_sort | digital finance and corporate green investment: a perspective from institutional investors and environmental regulations |
| url | http://psasir.upm.edu.my/id/eprint/115286/ http://psasir.upm.edu.my/id/eprint/115286/ http://psasir.upm.edu.my/id/eprint/115286/ http://psasir.upm.edu.my/id/eprint/115286/1/115286.pdf |