The Impact of Firm Digital Transformation on Environmental, Social, and Governance Performance: Evidence from China DOI Creative Commons

Zixu Luo

Economics, Journal Year: 2024, Volume and Issue: 18(1)

Published: Jan. 1, 2024

Abstract Growing consciousness about sustainability and the onset of digital era have affected corporate environmental, social, governance (ESG) outcomes to forefront new debates. This article attempts use statistical analysis software such as Stata explore relevant issues. A-share listed firms in Shanghai Shenzhen between 2006 2022 are examined this research for sake exploring how digitalization businesses affects ESG ratings. Findings suggest a positive correlation initiatives metrics improvements. These findings consistent even after multiple robustness checks. Additionally, delves into mechanisms driving primary relationship, discovering that advances enhance scores by easing financial limitations, diminishing information disparities, bolstering technological innovation. further reveals variable impacts based on firm size geographical location.

Language: Английский

Big data development and enterprise ESG performance: Empirical evidence from China DOI
Yiping Li, Lanxing Zheng, Chang Xie

et al.

International Review of Economics & Finance, Journal Year: 2024, Volume and Issue: 93, P. 742 - 755

Published: May 3, 2024

Language: Английский

Citations

8

Artificial Intelligence Technology and Corporate ESG Performance: Empirical Evidence from Chinese-Listed Firms DOI Open Access
Hanjin Xie, Fengquan Wu

Sustainability, Journal Year: 2025, Volume and Issue: 17(2), P. 420 - 420

Published: Jan. 8, 2025

In the era of artificial intelligence (AI), economic efficiency has an obvious role to play, but “non-economic benefits” have gradually become focus corporate attention; thus, environmental, social, and governance (ESG) a mainstream investment strategy. This paper empirically examines impact application AI technology on ESG performance using sample 4858 listed companies in China from 2007 2022. The study finds that: (1) can significantly enhance performance, this conclusion still holds after series endogeneity treatments robustness tests; (2) mechanism analysis shows that degree digitalization positive moderating effect process affecting performance. channel environmental (E) by strengthening green innovation, social (S) improving philanthropic responsibility, overall with above two sub-items as main aspects. However, also weakens effectiveness internal control, which leads decline (G) performance; (3) Heterogeneity promotes more competitive industries tech-nology-intensive firms, eastern central regions than western northeastern regions, large- medium-sized firms are similarly superior small-sized while room for upward mobility large-sized embody higher promotion large enterprises. provides theoretical evidence enterprises apply improve empirical support around investing practices promoting development.

Language: Английский

Citations

1

Digital development and rural financial inclusion: Evidence from China DOI

YiZheng Wang,

Zhuoran Zhang

Research in International Business and Finance, Journal Year: 2024, Volume and Issue: 73, P. 102637 - 102637

Published: Oct. 30, 2024

Language: Английский

Citations

6

Digital technology, green innovation, and the carbon performance of manufacturing enterprises DOI Creative Commons
Jinke Li,

L. Ji,

Shuang Zhang

et al.

Frontiers in Environmental Science, Journal Year: 2024, Volume and Issue: 12

Published: June 17, 2024

With the continuous promotion of digitalization and global trend toward a low-carbon economy, issue whether enterprises can enhance their carbon performance with assistance digital technology has aroused widespread attention from both academia industry. In order to explore improve manufacturing enterprises, this study, based on resource orchestration theory signaling theory, utilizes data China’s A-share 2012 2021 empirically investigate relationship between firms. It also explores mediating conduction path boundary influencing factors them. Its findings demonstrate that: is capable improving performance; green innovation (including collaboration) partially effects; there catalytic role for environmental information disclosure in utilizing performance. Building this, we find that impacts technology, innovation, vary due differences nature industries strategic aggressiveness enterprises. Specifically, seems somewhat more pronounced among firms high-tech industry those employing defensive analytical strategies. Additionally, effects generated by are adopt This study reveals inherent mechanism enhancing which provides empirical evidence development improvement thus helping promote economic transformation.

Language: Английский

Citations

5

Tax incentives, market competition, and corporate innovation DOI
S. Hu, Xingyu Zhou, Ping Li

et al.

Finance research letters, Journal Year: 2025, Volume and Issue: unknown, P. 107067 - 107067

Published: Feb. 1, 2025

Language: Английский

Citations

0

Does the National Big Data Comprehensive Experimental Zone Pilot Policy Effectively Promote the ESG Performance of Firms? Evidence From Listed Firms in China DOI Open Access
Jun Li, Ying Wang,

Shizhi Liang

et al.

Managerial and Decision Economics, Journal Year: 2025, Volume and Issue: unknown

Published: March 3, 2025

ABSTRACT Enhancing firms' ESG performance has become an important issue for promoting sustainable economic development. Nowadays, the application of big data technology may have a significant impact on performance, but research in this area remains relatively insufficient. Based quasi‐natural experiment national comprehensive experimental zone pilot policy (NBDCEZs) China, study employs panel from 1383 Chinese nonfinancial listed firms 2009 to 2022. We utilize difference‐in‐differences (DID) method explore development performance. The results indicate that implementation NBDCEZs positive effect enhancing mechanism analysis suggests effectively improves by strengthening information disclosure quality and alleviating financing constraints. Additionally, heterogeneity finds effects are more pronounced state‐owned firms, with higher financial risk, regions lower levels informatization. This provides insights policymakers business decision‐makers era digital economy.

Language: Английский

Citations

0

The Impact of Digital Technologies on Eco-Efficiency: Evidence from ICT Patents DOI Creative Commons
Xiaobin Li, Xiping Xu,

Zhaoxuan Duan

et al.

Environmental and Sustainability Indicators, Journal Year: 2025, Volume and Issue: unknown, P. 100675 - 100675

Published: March 1, 2025

Language: Английский

Citations

0

A Study on the Impact of Corporate Digital Transformation on Environmental, Social, and Governance (ESG) Performance: Mechanism Analysis Based on Resource Allocation Efficiency and Technological Gap DOI Open Access
Yu Sang,

Kannan Loganathan,

Priya Sukirthanandan

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3308 - 3308

Published: April 8, 2025

For a country like China, which places equal emphasis on economic development and environmental governance, the exploration of potential digital transformation to enhance corporate Environmental, Social, Governance (ESG) performance is paramount importance in achieving carbon peak target by 2030. Accordingly, this paper employs two-way fixed-effects model analyze impact ESG performance, based annual data from Chinese listed companies 2014 2023. On basis, we established theoretical framework implemented dual model. The findings argue that materially enhances primarily enhancing resource allocation efficiency narrowing technological gap. research results are confirmed be valid through rigorous robustness testing endogeneity analysis, with evident effects observed large-scale, technology-intensive, asset-intensive, central–eastern regions, high-tech enterprises. This offers both foundations practical insights for pursuing enhancement while also providing valuable point reference policymakers working toward green peaking target.

Language: Английский

Citations

0

Towards Sustainable Supply Chains: Evaluating the Role of Supply Chain Diversification in Enhancing Corporate ESG Performance DOI Creative Commons
Xinyue Wang, Hui Wu, Yang Shen

et al.

Systems, Journal Year: 2025, Volume and Issue: 13(4), P. 266 - 266

Published: April 8, 2025

Supply chain diversification (SCD) is widely acknowledged as a crucial strategy for sustainable supply management. However, its influence on environmental, social, and governance (ESG) performance remains unclear. This study will explore the impact of SCD ESG uncover underlying mechanisms drawing structure–conduct–performance (SCP) paradigm. To achieve this, we employ multidimensional fixed effects model empirical analysis utilizing panel data from China’s A-share listed companies 2010 to 2023. The findings reveal that enhances performance. For large-scale enterprises or those engaged in highly competitive high-pollution industries labor-intensive capital-intensive sectors, well are located eastern central regions, positive relatively more pronounced. mechanism shows green innovation digital transformation act mediators through which drives improvements. Furthermore, environmental uncertainty (EU) positively moderates relationship between These insights provide guiding framework, rich theoretical depth practical significance, committed developing chains pursuing long-term outstanding within complex dynamic market environments.

Language: Английский

Citations

0

An empirical research on ESG, digital transformation and firm value in China DOI Open Access

Ke Li,

Chonlavit Sutunyarak

Journal of Infrastructure Policy and Development, Journal Year: 2024, Volume and Issue: 8(8), P. 7239 - 7239

Published: Aug. 21, 2024

Sustainable development has emerged as a global imperative, with the rapid adoption of Environmental, Social, and Governance (ESG) framework reflecting this trend. In context digital transformation, study aims to investigate impact ESG performance on corporate value, while also examining moderating mediating roles transformation green innovation within relationship. Utilizing annual data from A-share listed companies Shanghai Stock Exchange (SSE) Shenzhen (SZSE) spanning years 2018 2022, research encompasses total 17,940 observations. Given China’s commitment sustainable, high-quality development, underscores critical importance advancing principles alongside transformation. Empirical analysis reveals that significantly enhances firm serving positive moderator amplifies value primarily through enhancement firms’ technology capabilities. These findings contribute deeper understanding interaction between initiatives particularly amidst ongoing advancements. Consequently, paper recommends governments enhance combination incentive penalty mechanisms, establish comprehensive rating system, optimize policy for Moreover, enterprises should foster awareness innovation, refine their governance structures, accelerate efforts, promote application technologies information sharing across various domains achieve sustainable competitiveness.

Language: Английский

Citations

0