关键词: 数字化转型, 绿色技术创新, 重污染企业, 绿色发展, 融合发展, 碳达峰碳中和

Abstract: In the context of the "carbon peaking and carbon neutrality" goals and digital transformation, the digital transformation and green development of enterprises of heavy pollution in China have attracted attention from all sectors of society. Based on imbalanced data of enterprises of heavy pollution in the Shanghai and Shenzhen stock markets from 2007 to 2021, this article conducts an empirical analysis to explore the impact of digital transformation on green technology innovation in enterprises of heavy pollution with executive compensation and government subsidies as moderating variables. We found that digital transformation has a significant positive incentive effect on green technology innovation in enterprises of heavy pollution, and executive compensation and government subsidies will strengthen the positive impact of digital transformation on corporate green technology innovation. According to the research findings, we proposed to accelerate the improvement of digital infrastructure, strengthen the integration and development of digital technology transformation and green technology innovation system, and to optimize enterprise business processes so as to give full play to the important role of digital transformation in green technology innovation of enterprises of heavy pollution, to promote the green development of enterprises of heavy pollution, and to help achieve the "carbon peaking and carbon neutrality" goals.

Key words: digital transformation, green technology innovation, enterprises of heavy pollution, green development, integrated development, carbon peak and carbon neutrality