Can digitalization empowerment improve the efficiency of corporate capital allocation? —Evidence from China DOI
Cong Li, Jiaxuan Liu, Yuwei Liu

et al.

Economic Analysis and Policy, Journal Year: 2023, Volume and Issue: 80, P. 1794 - 1810

Published: Nov. 10, 2023

Language: Английский

Firms in Times of Economic Uncertainty: Digital Integration to Counter Information Asymmetry and ESG Controversies DOI Open Access

Imen Ayadi,

Ahmed Imran Hunjra

Business Ethics the Environment & Responsibility, Journal Year: 2025, Volume and Issue: unknown

Published: Jan. 21, 2025

ABSTRACT This study investigates the impact of economic uncertainty on information asymmetry and ESG (Environmental, Social, Governance) controversies within companies, while exploring moderating role digital integration. By analyzing a panel 1303 companies across 20 European countries from 2016 to 2023, employing two‐stage generalized method moments (GMM) least squares (2SLS) for robustness tests, research reveals that uncertainty, as measured by Economic Policy Uncertainty (EPU) index, exacerbates heightens controversies. However, adoption technologies mitigates these adverse effects enhancing transparency reducing likelihood opportunistic behavior. Theoretically, this contributes understanding how digitalization can reinforce corporate governance sustainability in uncertain times. Practically, findings suggest should accelerate their efforts safeguard against destabilizing bolstering social responsibility performance.

Language: Английский

Citations

1
Digital economy, dual innovation capability and enterprise labor productivity DOI
Manjiang Xing,

Chi Gong,

Gyu-Hyen Moon

et al.

International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104005 - 104005

Published: Feb. 1, 2025

Citations

1
How Digital Finance Promotes Technological Innovation: Evidence from China DOI
Jiayi Li, Shujun Ye, Chao Zhang

et al.

Published: Jan. 1, 2023

This article confirms the direct positive effect of digital finance on technological innovation and explores its regional heterogeneity. It further demonstrates mediation from fund supply side product demand innovation, proving that stimulates by promoting R&D investment consumer demand. However, it was found role technology credit not established, suggesting financial institution for research funding does significantly drive mainly encourages non-financial funds.

Language: Английский

Citations

20
Digital transformation and labour investment efficiency: Heterogeneity across the enterprise life cycle DOI
Liu Shu, Yuting Wu,

Xiaobo Yin

et al.

Finance research letters, Journal Year: 2023, Volume and Issue: 58, P. 104537 - 104537

Published: Sept. 29, 2023

Language: Английский

Citations

20
Can digitalization empowerment improve the efficiency of corporate capital allocation? —Evidence from China DOI
Cong Li, Jiaxuan Liu, Yuwei Liu

et al.

Economic Analysis and Policy, Journal Year: 2023, Volume and Issue: 80, P. 1794 - 1810

Published: Nov. 10, 2023

Language: Английский

Citations

17