School of Finance and Economics, Jiangsu University, Zhenjiang, 212013, China.
PLoS One. 2023 May 25;18(5):e0285896. doi: 10.1371/journal.pone.0285896. eCollection 2023.
Textual analysis and the Entropy-TOPSIS method are used in this research to create a measure of corporate environmental protection, and multiple regressions are used to find out how digitalization affects corporate environmental protection. The research sets up a theoretical framework for how corporate digitalization affects environmental protection and looks into how external financing constraints and an organization's own financial position play a role in the middle. The research then looks at how outside factors like the business environment of the market and the level of competition in the industry affect the relationship. Using a threshold regression approach, the research also examines the change in the impact of digitalization on environmental protection after investor sentiment crosses the threshold from the distinct perspective of investor sentiment. Our research provides theoretical support for environmental protection by corporations and government policy direction.
本研究运用文本分析和熵-TOPSIS 方法构建企业环保衡量指标，采用多元回归方法探究数字化对企业环保的影响。研究构建了企业数字化影响环保的理论框架，并探讨了外部融资约束和组织自身财务状况在其中的中介作用。然后，研究考察了市场商业环境和行业竞争水平等外部因素如何影响这种关系。研究还采用门槛回归方法，从投资者情绪的角度，考察了投资者情绪越过门槛后数字化对环保的影响变化。本研究为企业和政府环保政策方向提供了理论支持。
