The role of artificial intelligence (AI) in project evaluation, capital allocation, and sustainability performance has gained attention, yet the firm-level channel through green investment remains underexplored. This study examines whether AI-driven decision capability increases green investment intensity and whether such investment improves environmental sustainability and financial performance under the moderating role of governance quality. The analysis uses panel data for 750 firms from 2015 to 2024 and applies descriptive statistics, panel regression, mediation and moderation tests, dynamic robustness checks, and machine learning models. The results show that AI-driven decision capability significantly increases green investment intensity. Green investment positively affects environmental sustainability and financial performance and mediates the link between AI capability and firm outcomes. Governance quality strengthens the effect of green investment on both outcomes. The findings indicate that AI creates sustainable value through strategic capital allocation, especially when firms maintain effective governance mechanisms.
M. Qamruzzaman, A. Almulhim, Syed Nazmus Sakib et al.· Journal of Intelligent Decis...· 0 citations
This study examines how improvements in digital governance influence urban air quality in global cities. The analysis uses annual PM2.5 and monthly NO2 observations from 280 cities across 120 countries, combined with national e-government indicators, covering the years 2005 to 2023. The study applies various analytical models, including fixed effects models, staggered difference-in-differences, event-study designs, common correlated effects, spatial Durbin models, system-GMM, and panel quantile regression, to capture causal, dynamic, and spatial effects. The results indicate that higher digital government maturity reduces NO2 emissions by approximately 4-5 percent and PM2.5 levels by about 3 percent. The analysis shows that these reductions occur more rapidly following the implementation of e-service initiatives. Event-study estimates confirm the absence of pre-existing trends and demonstrate persistent decreases after the launch of digital services. Spatial models suggest that reforms generate indirect benefits for neighboring cities, and quantile analysis reveals more significant improvements in highly polluted, densely populated areas. The effects are more pronounced in non-OECD countries and cities with higher internet penetration, highlighting the importance of institutional readiness and digital infrastructure for effective environmental outcomes. These findings demonstrate that digital governance reduces administrative mobility, enhances compliance, and improves monitoring, thereby producing measurable environmental benefits. Policymakers can utilize these results to incorporate e-government reforms into national environmental strategies, prioritize urban areas with high pollution levels, and support digital capacity building to maximize environmental gains.
M. Qamruzzaman· Journal of Asian Scientific...· 0 citations
