Emerging Markets Finance and Trade,
Journal Year:
2024,
Volume and Issue:
60(13), P. 2960 - 2979
Published: April 9, 2024
One
of
the
major
aims
digital
city
development
is
to
improve
cities'
natural
and
social
environment
friendliness,
which
aligns
with
target
ESG
strategy.
However,
it
still
unclear
how
measure
impact
on
performance.
This
paper
examines
policies
affect
performance
firms.
We
propose
a
methodology
quantify
based
textual
analysis
(BOW
method)
level
policy
support
in
each
prefecture-level
China
from
2011
2022.
Further,
we
introduce
instrumental
variables
(IV),
PSM,
other
methods
empirically
investigate
effects
obtain
following
main
conclusions:
First,
positively
impacts
firms'
After
controlling
for
fixed
different
dimensions,
1%
increase
represented
by
DCPI
raises
scores
about
2%.
Second,
facilitating
effect
sub-dimensions
asymmetric.
Digital
significantly
environmental
protection
corporate
governance
dimensions
firms,
while
CSR
not
significant.
Third,
heterogeneous
across
regions
cities
population
sizes.
will
enrich
understanding
research
institutional
factors
affecting
ESG,
provide
some
insights
both
business
managers
policymakers.
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.
Journal of Innovation & Knowledge,
Journal Year:
2024,
Volume and Issue:
9(3), P. 100525 - 100525
Published: July 1, 2024
This
study
examines
the
impact
of
digital
integration
on
environmental
sustainability
European
companies
from
2016
to
2022,
focusing
emissions
reduction,
innovation,
and
resource
efficiency.
Using
a
two-stage
system
generalized
method
moments
(GMM)
model
quantile
regression
with
instrumental
variables
panel
data,
we
investigate
how
technologies
influence
corporate
practices.
Descriptive
statistics
reveal
significant
variation
in
technology
adoption
performance
among
22
countries
studied.
Pearson's
correlation
matrix
variance
inflation
factor
analyses
confirm
absence
multicollinearity
variables.
The
empirical
results
GMM
demonstrate
that
positively
affects
These
findings
are
consistent
across
different
quantiles,
indicating
benefits
regardless
their
initial
levels.
However,
is
more
pronounced
for
lower
performance.
Hansen
test
validates
instruments
used,
second-order
serial
supports
robustness
our
estimations.
positive
relationship
between
past
current
underscores
dynamic
nature
Our
highlights
crucial
role
promoting
sustainable
business
practices
offers
implications
policymakers
managers.
Companies
encouraged
assess
footprints,
invest
technologies,
adopt
green
innovations.
Policymakers
should
support
development
industries
facilitate
into
traditional
sectors
enhance
overall
sustainability.
contribute
understanding
transformation
can
drive
sustainability,
providing
foundation
future
research
intersection
Business Strategy & Development,
Journal Year:
2025,
Volume and Issue:
8(1)
Published: Feb. 18, 2025
ABSTRACT
Enterprises
are
increasingly
under
pressure
to
respond
volatile
market
environments
and
uncertainties.
Although
higher
environmental,
social,
governance
(ESG)
performance
facilitates
the
stabilization
of
corporate
operations,
studies
provide
limited
understanding
on
how
ESG
affects
organizational
resilience.
By
analyzing
dataset
from
China's
listed
enterprises
2010
2023,
this
research
examines
connection
between
resilience,
as
well
its
influence
mechanism.
Results
evidence
that
significantly
increases
In
addition,
promotes
resilience
by
improving
ambidextrous
innovation
capability
(AIC).
Further
analysis
indicated
digitalization
amplified
positive
financial
volatility.
Our
determines
value
ESG,
AIC,
in
assisting
develop
a
resiliency
cope
with
threat
stressful
environment.
This
offers
novel
theoretical
perspective
through
integration
stakeholder
theory
dynamic
view
(DCV)
explore
releasing
own,
AIC
digitalization.
It
practical
implications
for
practitioners
shape
strategies
actively
embracing
practices,
nurturing
capabilities,
such
degree
effectively
promote
crises
uncertainty.
Sustainability,
Journal Year:
2025,
Volume and Issue:
17(2), P. 636 - 636
Published: Jan. 15, 2025
This
study
investigates
the
impact
of
Environmental,
Social,
and
Governance
(ESG)
performance
on
green
technological
innovation
(GTI)
Chinese
A-share-listed
companies,
using
data
from
2009
to
2022.
The
findings
indicate
that
strong
ESG
significantly
enhances
GTI,
with
this
effect
being
more
pronounced
in
state-owned
firms
non-high-tech
sectors,
demonstrating
heterogeneity
across
firm
types.
Mechanism
analysis
reveals
facilitates
GTI
by
mitigating
financing
constraints
boosting
R&D
investments.
Moreover,
identifies
a
non-linear
relationship,
wherein
varies
size
environmental
regulation
intensity,
as
confirmed
through
threshold
model.
not
only
deepens
theoretical
framework
linking
corporate
but
also
uncovers
practical
mechanisms
which
drives
providing
both
insights
foundations
for
governments
formulate
transition
policies.
