Published: Jan. 1, 2025
Language: Английский
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
3
Business Strategy and the Environment, Journal Year: 2025, Volume and Issue: unknown
Published: April 2, 2025
ABSTRACT As businesses increasingly integrate sustainability into corporate strategy, the role of environmental, social, and governance (ESG) disclosure in driving circular economy ( CE ) adoption has garnered significant attention. However, mechanisms through which ESG facilitates transitions remain underexplored, particularly emerging economies such as sub‐Saharan Africa (SSA). This study examines synergistic roles committees mediators eco‐innovation a moderator strengthening ESG– relationship. Using panel dataset 320 manufacturing firms SSA (2010–2022) employing advanced econometric techniques, we address potential endogeneity model biases. The findings reveal that environmental social disclosures positively influence adoption, whereas exerts negative effect due to weak regulatory frameworks compliance inconsistencies. Corporate enhance relationship by ensuring commitments translate strategic actions, while amplifies impact disclosure, accelerating implementation. Notably, observe heterogeneity effects on across regional industrial variations. robust multiple sensitivity tests, confirming their reliability. Our results underscore need for policymakers strengthen mandates enforce reporting accelerate adoption. Furthermore, recommend corporations prioritize investments structures reinforce alignment. These insights offer valuable implications business leaders, policymakers, advocates fostering resilient SSA.
Language: Английский
Citations
2
Finance research letters, Journal Year: 2024, Volume and Issue: 69, P. 106249 - 106249
Published: Oct. 10, 2024
Language: Английский
Citations
12
Finance research letters, Journal Year: 2024, Volume and Issue: 64, P. 105407 - 105407
Published: April 13, 2024
Language: Английский
Citations
9
Financial Innovation, Journal Year: 2025, Volume and Issue: 11(1)
Published: Jan. 9, 2025
Abstract This study explores the relationship between corporate environmental, social, and governance (ESG) disagreements debt maturity. By examining panel samples from Chinese non-financial listed companies covering 2007 to 2020, we find that ESG negatively influence Even after conducting a series of robustness tests addressing endogeneity concerns, adverse effects persisted. A heterogeneity analysis shows this negative impact is more significant for non-state-owned enterprises, small enterprises with high capital intensity, low analyst attention, in high-tech industries. Through mechanism analysis, discovered can lead information asymmetry heightened default risk, subsequently affecting maturity debt. Further confirms on structure inhibits long-term investment exacerbates mismatch financing terms.
Language: Английский
Citations
1
Management Decision, Journal Year: 2025, Volume and Issue: unknown
Published: March 26, 2025
Purpose This research delves into the determinants influencing adoption of environmental, social and governance (ESG) investing through an analysis media dialogs using uses gratification theory. Design/methodology/approach study employs a mixed-methods approach, integrating sentiment analysis, topic modeling, clustering, causal loop ethnography to examine ESG-related content on media. Analyzing data, identified key themes derived ten propositions about ESG investing. Industry professionals, financial advisors investors further validated these findings expert interviews. Combining data-driven qualitative insights provides comprehensive understanding how shapes investor preferences decision-making in domain. Findings Environmental aspects, such as conservation, preservation natural resources, renewable clean energy, biodiversity, restoration eco-friendly products technologies, shape attitudes toward Social considerations, including inclusivity, diversity, justice, human rights, stakeholder engagement, transparency, community development philanthropy, significantly influence sentiments. Governance elements accountability, ethical governance, compliance, risk management, regulatory compliance responsible leadership also play pivotal role shaping opinions. Practical implications presents actionable for policymakers organizations by identifying constructs proposing integrated framework that includes mediating factors like resource efficiency engagement alongside moderating environment preferences. Policymakers should establish standardized reporting frameworks, incentivize sustainable practices use data purposes. For businesses, can enhance communication strategies accountability. These measures will foster greater strengthen relations contribute more inclusive global economy. Originality/value To authors' best knowledge, this is first investigate improving based big mined from platforms.
Language: Английский
Citations
1
Research in International Business and Finance, Journal Year: 2024, Volume and Issue: unknown, P. 102735 - 102735
Published: Dec. 1, 2024
Language: Английский
Citations
7
International Review of Financial Analysis, Journal Year: 2024, Volume and Issue: 95, P. 103508 - 103508
Published: July 29, 2024
Language: Английский
Citations
5
Economic Analysis and Policy, Journal Year: 2024, Volume and Issue: 84, P. 1164 - 1184
Published: Oct. 12, 2024
Language: Английский
Citations
5
Journal of Cleaner Production, Journal Year: 2024, Volume and Issue: 478, P. 143945 - 143945
Published: Oct. 21, 2024
Language: Английский
Citations
5