How energy businesses undergo digital transformation is a critical topic in light of China's "dual carbon" strategy. Based on institutional theory, upper-echelon theory, and managerial-mindset solidification, this article examines how regional environmental regulation affects the digital transformation of energy enterprises from 2016 to 2021 and the moderating role of the top management team in this transformation. The empirical findings show that regional environmental regulations significantly promote the digital transformation of energy companies; however, the average age, education level, and average tenure of the top management team can negatively influence this effect. The results of this study also lead to recommendations on how government agencies and energy enterprises should undertake digital transformation.
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Univ St Gallen, Execut Sch Management Technol & Law, Res Inst Int Management, St Gallen, Switzerland
Univ St Gallen, Res Inst Int Management, Int Management, St Gallen, SwitzerlandUniv St Gallen, Execut Sch Management Technol & Law, Res Inst Int Management, St Gallen, Switzerland
Ruigrok, Winfried
Georgakakis, Dimitrios
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Univ St Gallen, Res Inst Int Management, Strateg Management, St Gallen, SwitzerlandUniv St Gallen, Execut Sch Management Technol & Law, Res Inst Int Management, St Gallen, Switzerland
Georgakakis, Dimitrios
Greve, Peder
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Univ St Gallen, Res Inst Int Management, St Gallen, SwitzerlandUniv St Gallen, Execut Sch Management Technol & Law, Res Inst Int Management, St Gallen, Switzerland
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Fu Jen Catholic Univ, Dept Finance & Int Business, 510 Zhong Zheng Rd, New Taipei 24205, TaiwanFu Jen Catholic Univ, Dept Finance & Int Business, 510 Zhong Zheng Rd, New Taipei 24205, Taiwan
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Shanghai Normal Univ, Coll Philosophy Law & Polit Sci, Room 702,Liberal Arts Expt Bldg,81 Guilin Rd, Shanghai 200234, Peoples R ChinaShanghai Normal Univ, Coll Philosophy Law & Polit Sci, Room 702,Liberal Arts Expt Bldg,81 Guilin Rd, Shanghai 200234, Peoples R China
Rong, Pengfei
Xie, Jiaqi
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Shanghai Normal Univ, Coll Philosophy Law & Polit Sci, Room 702,Liberal Arts Expt Bldg,81 Guilin Rd, Shanghai 200234, Peoples R ChinaShanghai Normal Univ, Coll Philosophy Law & Polit Sci, Room 702,Liberal Arts Expt Bldg,81 Guilin Rd, Shanghai 200234, Peoples R China