文献类型：期刊文献

英文题名：Digital financial inclusion, analyst attention, and the green innovation in energy firms

作者：Qin, Lu[1];Chen, Chunchun[2];Chen, Yan[2];Su, Yanzhi[2]

第一作者：Qin, Lu

通讯作者：Su, YZ[1]

机构：[1]Southwestern Univ Finance & Econ, Sch Finance, Chengdu 611130, Sichuan, Peoples R China;[2]Beijing Union Univ, Business Coll, Beijing 100025, Peoples R China

第一机构：Southwestern Univ Finance & Econ, Sch Finance, Chengdu 611130, Sichuan, Peoples R China

通讯机构：[1]corresponding author), Beijing Union Univ, Business Coll, Beijing 100025, Peoples R China.|[1141721]北京联合大学商务学院;[11417]北京联合大学;

年份：2024

卷号：67

外文期刊名：FINANCE RESEARCH LETTERS

收录：;Scopus(收录号：2-s2.0-85201067140);WOS:【SSCI(收录号:WOS:001297050000001)】；

基金：China Foundation for Development of Financial Education Founded Research Project "The Impact of Financial Agglomeration on High-quality Innovation in Strategic Emerging Industries".

语种：英文

外文关键词：Digital financial inclusion; Analyst attention; Green innovation quality; Energy firms

摘要：The transition towards environmental sustainability in China's energy sector underscores the crucial role of digital financial inclusion and analyst attention. This study employs an empirical analysis of data from listed Chinese energy-sector firms spanning 2011 to 2022, integrating regression models to investigate the impact of digital financial inclusion on green innovation and the moderating role of analyst attention. Findings reveal that digital financial inclusion significantly facilitates green innovation in energy firms, and analyst attention further amplifies this effect. Heterogeneity analysis shows regional differences, with the eastern and central regions benefiting more from digital financial inclusion, while the western region shows no significant effect. Additionally, state-owned enterprises experience a stronger positive impact compared to non-state-owned enterprises. The study highlights the synergistic potential between digital financial mechanisms and market dynamics in driving sustainable practices. Implications extend to policymakers, financial institutions, and energy companies, suggesting that enhancing digital financial access and market visibility of green initiatives can collectively advance sustainability goals within the energy sector, contributing to broader environmental and economic objectives.