Can digital transformation enhance corporate ESG performance? The moderating role of dual environmental regulations

被引：35

作者：

Li, Junjun ^{[1
]}

Wu, Tong ^{[2
]}

Liu, Bailu ^{[3
]}

Zhou, Ming ^{[4
]}

机构：

[1] Xi An Jiao Tong Univ, Sch Management, Xian, Peoples R China

[2] Western Kentucky Univ, Gordon Ford Coll Business, Bowling Green, KY USA

[3] East China Normal Univ, Sch Econ & Management, Shanghai, Peoples R China

[4] Zhongnan Univ Econ & Law, Sch Accounting, Zhongnan, Peoples R China

来源：

FINANCE RESEARCH LETTERS | 2024年 / 62卷

关键词：

Digital transformation; ESG; Formal environmental regulation; Informal environmental regulation; INFORMATION-SYSTEMS; GOVERNANCE;

D O I：

10.1016/j.frl.2024.105241

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This research investigates the influence of digital transformation on corporate ESG performance, with emphasis on dual environmental regulations' moderating effects, using data from Chinese companies (2011-2020). The results show that digital transformation significantly boosts ESG performance, a finding that persists across various model specifications. The study highlights the amplifying role of both formal and informal environmental regulations in this dynamic, with informal regulations having a stronger effect. This work fills a gap in literature and suggests that environmental regulations are key in leveraging digital transformation for improved ESG outcomes, providing important policy insights.

引用

页数：13

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