Artificial
Intelligence
(AI)
as
a
key
driving
force
of
the
new
technological
revolution
and
industrial
transformation,
whether
it
can
significantly
release
effect
green
development
has
attracted
much
attention,
is
also
an
important
proposition
that
theoretical
research
needs
to
be
explored.
Based
on
sample
data
from
Chinese
listed
firms
2008
2019,
this
study
investigates
promote
through
AI
investigate
influencing
mechanisms.
This
finds
reduces
energy
pollution
intensity
in
firms,
thereby
promoting
development.
primarily
facilitates
scale,
technological,
structural
effects.
Heterogeneity
analysis
shows
positive
impact
more
pronounced
regions
with
stricter
environmental
regulations,
lower
levels,
higher
degrees
digitalization.
Further
indicates
"superstar"
title
enhance
development,
marginal
likely
due
heightened
attention
receive
investors,
media,
government.
Additionally,
bring
significant
social
welfare
where
located,
effectively
regional
energy-saving,
reduction,
steady
improvement
economic
growth
quality
efficiency.
Journal of Applied Economics,
Год журнала:
2024,
Номер
28(1)
Опубликована: Дек. 18, 2024
The
role
of
ESG
is
not
confined
to
investments,
but
extends
the
influence
it
exerts
on
capital
markets.
This
study
investigates
impact
corporate
performance
information
environment.
Our
results
show
that
as
companies
demonstrate
higher
performance,
there
a
significant
increase
in
analyst
coverage,
an
enhancement
accuracy
public
information,
and
reduction
precision
private
information.
Further
analysis
reveals
market
environment
significantly
state-owned
companies,
non-heavily
polluting
industries,
eastern
regions.
only
examines
economic
consequences
from
perspective
market's
environment,
also
provides
practical
guidelines
for
policymakers
professionals
finance
sustainability
optimize
through
development
ESG.
With
growing
global
emphasis
on
sustainable
development
and
social
responsibility,
Environmental,
Social,
Governance
(ESG)
ratings
have
emerged
as
critical
metrics
to
evaluate
commercial
banks’
operating
performance.
The
paper
utilizes
panel
data
spanning
2009
2022
from
large
state-owned
joint-stock
banks
in
China.
It
employs
a
two-way
fixed
effect
model
robustness
tests,
alongside
tests
for
heterogeneity
analysis
moderating
conduct
empirical
analysis.
findings
of
the
indicate
that
improvements
ESG
performance
advantageous
impacts
performance,
particularly
with
higher
growth
rate
income
Robustness
including
mixed
regressions,
Tobit
variable
substitutions,
endogenous
bias
validated
initial
regression
still
hold.
Tests
reveal
among
banks,
leverage,
larger
major
shareholder
ownership,
scales,
can
significantly
affect
relationship
exhibits
positive.
Furthermore,
finds
GDP
rate,
CPI
analysts’
coverage
strengthen
between
through
effects.
research
provides
policy
proposals
strategic
recommendations
tailored
policymakers,
investors,
building
these
insights.
Artificial
Intelligence
(AI)
as
a
key
driving
force
of
the
new
technological
revolution
and
industrial
transformation,
whether
it
can
significantly
release
effect
green
development
has
attracted
much
attention,
is
also
an
important
proposition
that
theoretical
research
needs
to
be
explored.
Based
on
sample
data
from
Chinese
listed
firms
2008
2019,
this
study
investigates
promote
through
AI
investigate
influencing
mechanisms.
This
finds
reduces
energy
pollution
intensity
in
firms,
thereby
promoting
development.
primarily
facilitates
scale,
technological,
structural
effects.
Heterogeneity
analysis
shows
positive
impact
more
pronounced
regions
with
stricter
environmental
regulations,
lower
levels,
higher
degrees
digitalization.
Further
indicates
"superstar"
title
enhance
development,
marginal
likely
due
heightened
attention
receive
investors,
media,
government.
Additionally,
bring
significant
social
welfare
where
located,
effectively
regional
energy-saving,
reduction,
steady
improvement
economic
growth
quality
efficiency.
