Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.

Green development is related to the long-term sustainable development of enterprises, but there is little literature on the impact of information and communication technology (ICT) investment on green development of enterprises. To fill this gap, based on the sample of A-share high-polluting industr...

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Main Authors: Yingdong Wang, Qingbo Li
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2024-01-01
Series:PLoS ONE
Online Access:https://doi.org/10.1371/journal.pone.0316337
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author Yingdong Wang
Qingbo Li
author_facet Yingdong Wang
Qingbo Li
author_sort Yingdong Wang
collection DOAJ
description Green development is related to the long-term sustainable development of enterprises, but there is little literature on the impact of information and communication technology (ICT) investment on green development of enterprises. To fill this gap, based on the sample of A-share high-polluting industry enterprises in China's Shanghai and Shenzhen stock markets from 2007 to 2019, this paper uses the dynamic panel threshold model to deeply study the non-linear impact of ICT investment on green development. This paper found that: (1) there is a threshold effect on the impact of ICT investment on green development of enterprises in high-polluting industries, and when ICT investment breaks through the threshold value, it can promote green development. This conclusion remains robust after the estimation of Multi-period DID model and instrumental variable; (2) ICT investment mainly promotes green development of enterprises by improving production efficiency and promoting green technology innovation; (3) ICT investment has a significant impact on green development of enterprises with higher management level, heavy industrial enterprises and non-state-owned enterprises, but has no significant impact on green development of enterprises with lower management level, light industrial enterprises and state-owned enterprises. And digital technology investment has a stronger role in promoting green development than traditional ICT investment. This paper proposes that enterprises in high-pollution industries can increase ICT investment to promote green development.
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spelling doaj-art-309fe739c44d49bea23cd7367b4d023d2025-01-17T05:31:58ZengPublic Library of Science (PLoS)PLoS ONE1932-62032024-01-011912e031633710.1371/journal.pone.0316337Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.Yingdong WangQingbo LiGreen development is related to the long-term sustainable development of enterprises, but there is little literature on the impact of information and communication technology (ICT) investment on green development of enterprises. To fill this gap, based on the sample of A-share high-polluting industry enterprises in China's Shanghai and Shenzhen stock markets from 2007 to 2019, this paper uses the dynamic panel threshold model to deeply study the non-linear impact of ICT investment on green development. This paper found that: (1) there is a threshold effect on the impact of ICT investment on green development of enterprises in high-polluting industries, and when ICT investment breaks through the threshold value, it can promote green development. This conclusion remains robust after the estimation of Multi-period DID model and instrumental variable; (2) ICT investment mainly promotes green development of enterprises by improving production efficiency and promoting green technology innovation; (3) ICT investment has a significant impact on green development of enterprises with higher management level, heavy industrial enterprises and non-state-owned enterprises, but has no significant impact on green development of enterprises with lower management level, light industrial enterprises and state-owned enterprises. And digital technology investment has a stronger role in promoting green development than traditional ICT investment. This paper proposes that enterprises in high-pollution industries can increase ICT investment to promote green development.https://doi.org/10.1371/journal.pone.0316337
spellingShingle Yingdong Wang
Qingbo Li
Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.
PLoS ONE
title Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.
title_full Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.
title_fullStr Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.
title_full_unstemmed Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.
title_short Can ICT investment promote green development? new insights from highly polluting listed enterprises in China.
title_sort can ict investment promote green development new insights from highly polluting listed enterprises in china
url https://doi.org/10.1371/journal.pone.0316337
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AT qingboli canictinvestmentpromotegreendevelopmentnewinsightsfromhighlypollutinglistedenterprisesinchina