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数字化绿色化协同转型如何影响涉农企业组织韧性来自涉农上市公司证据

How does the coordinated digital-green transformation affect the organizational resilience of agricultural enterprises? Evidence from China’s listed agricultural companies

  • 摘要: 推动涉农企业数字化绿色化协同转型(数绿协同转型)是加快形成新质生产力、实现涉农企业高质量发展的重要抓手。利用2008—2024年322家涉农上市公司的非均衡面板数据,运用双重固定效应模型,实证检验数绿协同转型对涉农企业组织韧性的影响及其作用机制。研究结果表明,样本期内数绿协同转型能够显著提升涉农企业组织韧性,经过一系列内生性和稳健性检验后,该结论依然成立。异质性分析表明,数绿协同转型对涉农企业组织韧性的影响存在企业性质、行业类型和地理位置差异,在非国有、加工制造类以及位于粮食主产区的涉农企业中,其组织韧性提升效应更为显著。机制分析表明,数绿协同转型主要通过提高供需匹配度、降低成本费用率和改善投资效率,进而增强涉农企业组织韧性,揭示了数绿协同转型从市场响应、成本管控和资源配置等维度赋能涉农企业韧性提升的内在机制。基于此,应完善财税金融扶持政策,调动涉农企业数绿转型积极性;实施差异化支持举措,推动不同类型涉农企业协同发展;搭建产业链数绿协同平台,畅通数绿协同转型的内部传导路径。

     

    Abstract: Promoting the coordinated digital-green transformation (hereinafter referred to as digital-green synergistic transformation) of agricultural enterprises serves as a vital approach to fostering new productive forces and advancing high-quality corporate development. Using unbalanced panel data of 322 agricultural listed companies from 2008 to 2024, this paper employs a two-way fixed-effects model to empirically investigate the impact and influencing mechanisms of digital-green synergistic transformation on the organizational resilience of agricultural enterprises. The results show that digital-green synergistic transformation significantly improves the organizational resilience of agricultural enterprises during the sample period, and this conclusion remains valid after a series of endogeneity and robustness tests. Heterogeneity analysis indicates that the effect of digital-green synergistic transformation on organizational resilience varies across enterprise ownership, industry categories and geographical locations. The resilience-promoting effect is more pronounced in non-state-owned, agricultural processing and manufacturing enterprises, as well as firms located in major grain-producing areas. The mechanism analysis further reveals that digital-green synergistic transformation enhances organizational resilience mainly through enhancing supply-demand matching, cutting the cost-to-expense ratio, and boosting investment efficiency, which reveals the internal mechanism through which digital-green synergistic transformation empowers corporate resilience from multiple dimensions including market response, cost control and resource allocation. Accordingly, governments can refine fiscal, tax and financial support policies to mobilize agricultural enterprises’ enthusiasm for transformation, implement differentiated support measures to drive the coordinated development of all types of industrial entities, and build industrial chain platforms for integrated digital-green development to smooth the internal transmission channels of digital-green synergistic transformation.

     

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