How does intelligent investment impact the conservation of enterprise resources
DOI:
https://doi.org/10.54097/hmrpe981Keywords:
intelligent investment, resource conservation, financing constraints.Abstract
The rapid growth of technologies such as big data and AI has made intelligent investment increasingly popular across different sectors. This trend supports the creation of modern industrial systems and the rise of new, high-quality productivity, making intelligent investment crucial for industries to achieve high-quality structural changes and adopt eco-friendly practices. This study delves into the impact of intelligent investment initiatives on resource conservation, utilizing data from China's A-share listed companies between 2007 and 2022. It explores how these activities influence resource-saving measures within companies and examines the role of financing constraints and the potential for variability across different contexts. Findings reveal that intelligent investments significantly bolster a company's resource efficiency. However, it's noted that financial constraints can dampen the positive outcomes of such investments, limiting their effectiveness in promoting resource conservation. Interestingly, the beneficial effects of intelligent investments are not uniform; they are particularly pronounced in industries with high pollution levels and among smaller enterprises. Drawing from these insights, the paper offers strategic recommendations at the enterprise, industry, and policy levels. These suggestions aim to enhance the adoption of intelligent investment strategies, encourage sustainable practices among businesses, and foster the development of resource-efficient enterprises.
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