Does digitalization matter in green preferences in nexus of output volatility and environmental quality?

Ramos‐Meza, Carlos Samuel; Zhanbayev, Rinat; Bilal, Hazrat; Sultan, M.; Pekergin, Zehra Betül; Arslan, Hafiz Muhammad

doi:10.1007/s11356-021-15095-8

Cited by 17 publications

(6 citation statements)

References 67 publications

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“…Where such findings are consistent with the existing literature as well as the persisting theory that illustrates the progressive role of digitalization in environmental sustainability ( Garske et al, 2021 ; Ramos-Meza et al, 2021 ; Wen et al, 2021 ; Gao et al, 2022 ; Ma et al, 2022 ; Ren et al, 2022 ).…”

Section: Discussionsupporting

confidence: 89%

“…Concerning the role of digitalization in environmental quality, several studies provide evidence in the recent literature. For instance, Garske et al (2021), Chen (2022) total factor energy efficiency (Gao et al, 2022), drives the export value of green goods , promotes green globalization (Ramos-Meza et al, 2021), and declines the production scale of pollution-intensive enterprises (Wen et al, 2021). Hence, the economies adopting digitalization could achieve a sustainable environment.…”

Section: Literature Reviewmentioning

confidence: 99%

“…Digitalization enhances technological innovation, which further boosts energy-efficient resource consumption, lowers energy (fossil fuel) demand, and consequently dampens emissions and other pollution levels. Besides, digitalization encourages green total factor energy efficiency ( Gao et al, 2022 ), drives the export value of green goods ( Ha and Thanh, 2022 ), promotes green globalization ( Ramos-Meza et al, 2021 ), and declines the production scale of pollution-intensive enterprises ( Wen et al, 2021 ). Hence, the economies adopting digitalization could achieve a sustainable environment.…”

Section: Literature Reviewmentioning

confidence: 99%

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Role of digitalization in environment, social and governance, and sustainability: Review-based study for implications

She

2022

Front. Psychol.

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Digitalization gives people access to a vast network of untapped data, which has the potential to help society and the environment. Smart systems connected to the internet can systematically provide a unique opportunity to solve difficulties related to long-term sustainability. The goals are to create an egalitarian, ecologically sustainable, and healthy society. Technological resources are envisioned as game-changing instruments. Three key concerns integration benefits are highlighted here: (i) sustainable development goals, (ii) socio-economic development, and (iii) the role of digital technology in environmental sustainability. This viewpoint describes the potential that digitization can create a future sustainable society. The technological network would unite the urban and rural worlds under a shared banner of sustainable development, keeping all social elements in the loop. Nations that take a comprehensive strategy will be able to provide equitable growth and an efficient, sustainable, and digital existence for their citizens. As a result, digitization provides better living conditions, active public involvement, clean governance, and transparency in public welfare programs and processes. People who are well-informed, self-aware, and digitally equipped will be better learners, thinkers, reformers, participators, and change and growth agents, marching forward on sustainable progress. The advantages of digitization in hastening the transition to sustainable industrial processes and improving people’s health and happiness are explored. Finally, the perspective encapsulates the advantages of digitization by offering a holistic vision of how technology could aid in addressing major challenges such as endangered world biodiversity and climate change.

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Section: Discussionsupporting

confidence: 89%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

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Role of digitalization in environment, social and governance, and sustainability: Review-based study for implications

She

2022

Front. Psychol.

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“…Combining digitalization with traditional production methods generates new opportunities for haze pollution prevention and control through innovative energy management, smart factories, smart cities, and smart homes. Drawing on the findings of Ramos et al (2021) [ 60 ], this article uses the internet penetration rate (

) to measure the level of digitalization. In general, the higher the internet penetration rate, the higher the level of digitalization.…”

Section: Methodology and Datamentioning

confidence: 99%

How Does Digitalization Affect Haze Pollution? The Mediating Role of Energy Consumption

Wang

2022

IJERPH

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In the context of digital technology innovation, an in-depth investigation into the impact of digitalization on haze pollution is of great significance for scientifically understanding environmental effects of digitalization and building a livable civic environment. From the perspective of energy consumption intensity and structure, this paper theoretically analyzes the direct and indirect effects of digitalization on haze pollution. On this basis, the impact of digitalization on haze pollution for 81 countries over the period 2010–2019 is empirically investigated by using the system GMM and mediating effects model. Empirical results show that digitalization can effectively suppress haze pollution, and there is significant heterogeneity in this inhibiting effect. In addition, digitalization can indirectly restrain haze pollution by reducing energy consumption intensity and optimizing energy consumption structure. The findings of this paper can provide enlightenment for countries to promote digitalization, combat haze pollution, and thus enhance the health of community residents.

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“…These dimensions of corporate governance matter a lot to shareholders, regulators, consumers, and managers in the corporations. Sarbanes–Oxley Act of 2001 and its further extension have changed the dynamics of the whole corporate world in the context of corporate governance which resulted in doubling the investors’ proposals regarding green environmental activities from 2004 to 2005 in fortune 500 companies (Ramos-Meza et al 2021 ; Kell and Lacy 2010 ). Moreover, after Sarbanes–Oxley Act, a new trend of linking the compensation with corporate social responsibility emerged in the corporate world (Williamson et al 2006 ).…”

Section: Introductionmentioning

confidence: 99%

Understanding the dynamics of capital structure, corporate governance, and corporate social responsibility in high- and low-leveraged US and Chinese firms

Mahmood

Arslan

Younas

et al. 2023

Environ Sci Pollut Res

Self Cite

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Corporate social responsibility turned into a global sensation from the inception of the twenty-first century in the corporate world and grabbed immense engrossment from all stakeholders in their decision-making process. Capital structure and corporate governance practices are the well-mellowed facets of corporate finance literature. In this study, the moderating role of corporate social responsibility (CSR) between corporate governance and leverage of the US and Chinese listed firms has been established, with a further extension of analyzing the moderating role of CSR between corporate governance and leverage in high vs low leveraged firms and high CSR vs low CSR firms as the novelty of this study and has never been examined in both economies and globally. The data of 1989 Chinese-listed firms from 28 sectors of the economy and 6640 US-listed firms from 27 sectors of the economy has been taken from 2001 to 2019 and analyzed through fixed effect regression and system generalized method of moment (GMM). Results of the study reveal that CSR and corporate governance are negatively associated with the leverage of both Chinese and US firms. Moreover, the moderating role of CSR has established between corporate governance and leverage negative relationship. The moderating role of CSR in the relationship of leverage and corporate governance is established only in low-leveraged firms whereas it is insignificant in high-leveraged firms. System GMM confirms the signs and significance of the regression results; that is why regression results are robust and reliable, and there is no endogeneity problem in our model. The study also gives an insight for future research on high- and low-leveraged firms and firms with more CSR score than less CSR score with other dimensions such as firm performance and firm value variables.

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Does digitalization matter in green preferences in nexus of output volatility and environmental quality?

Cited by 17 publications

References 67 publications

Role of digitalization in environment, social and governance, and sustainability: Review-based study for implications

Role of digitalization in environment, social and governance, and sustainability: Review-based study for implications

How Does Digitalization Affect Haze Pollution? The Mediating Role of Energy Consumption

Understanding the dynamics of capital structure, corporate governance, and corporate social responsibility in high- and low-leveraged US and Chinese firms

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