Effects of green finance and digital transformation on enhancing corporate ESG performance

被引：0
作者：
Sun, Tingxuan [1 ,2 ]
Liu, Suqin [2 ]
Guo, Min [1 ]
机构：
[1] Wuhan Univ, Dong Fureng Inst Econ & Social Dev, Wuhan 430072, Hubei, Peoples R China
[2] Bank Beijing Co LTD, Beijing 100033, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2025年 / 74卷
关键词：
Green finance; Digital transformation; Corporate environmental; Social; and; governance (ESG) performance; Enterprise size; Analysis of moderation effect; Analysis of heterogeneity;
D O I：
10.1016/j.frl.2025.106774
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
In the context of digital transformation, where firms leverage digital tools for process enhancement, innovation, and efficiency, this study utilizes data from annual reports of Chinese listed corporations from 2012 to 2022 to empirically analyze how green finance and digital transformation jointly enhance corporate environmental, social, and governance (ESG) performance. Findings indicate that green financial initiatives and digital transformation substantially boost corporate ESG performance, with the scale of the company acting as a crucial moderating factor in this relationship. Results indicate notable heterogeneity in the influence of digital shifts on ESG score improvements between state-owned entities and private firms.
引用
收藏
页数：7
相关论文
共 50 条
  • [21] Can digital transformation enhance corporate ESG performance? The moderating role of dual environmental regulations
    Li, Junjun
    Wu, Tong
    Liu, Bailu
    Zhou, Ming
    FINANCE RESEARCH LETTERS, 2024, 62
  • [22] Controlling shareholders' equity pledge, digital finance, and corporate digital transformation
    Zhang, Yue
    Ge, Mengshuai
    Yang, Jiaju
    Liu, Cuiying
    Chen, Xi
    INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS, 2023, 90
  • [23] Digital transformation, innovation capability, and ESG performance
    Liu, Qiong
    Wang, Hairong
    FINANCE RESEARCH LETTERS, 2025, 78
  • [24] The interactive impact of green finance, ESG performance, and carbon neutrality
    Xie, Yamin
    JOURNAL OF CLEANER PRODUCTION, 2024, 456
  • [25] Green finance and ESG performance of enterprises: Evidence from Green Finance Reform and Innovation Pilot Zone
    Sun, Yangyang
    Wang, Dongmei
    APPLIED ECONOMICS, 2025,
  • [26] Bridging the green gap: Do green finance and digital transformation influence sustainable development?
    Safi, Adnan
    Kchouri, Bilal
    Elgammal, Walid
    Nicolas, Melhim Khoury
    Umar, Muhammad
    ENERGY ECONOMICS, 2024, 134
  • [27] The future of green finance: how digital transformation and FinTech drive sustainability
    Mohammed Abdulrahman Kaid Zaid
    Mohammed Farooque Khan
    Abdul-Wasea Abdul-Ghani Saif Al-Mekhlafi
    Ibraheem Saleh Al Koliby
    Oussama Saoula
    Hayat Atta Elmnan Mohammed Saeed
    Reda Abdelfattah Mohammad
    Discover Sustainability, 6 (1):
  • [28] The Effect of Digital Transformation on Corporate Green Innovation
    Liu, Haiman
    Long, Jiancheng
    Shen, Zunhuan
    FRONTIERS OF BUSINESS RESEARCH IN CHINA, 2024, 18 (03) : 276 - 297
  • [29] Green finance, environment regulation, and industrial green transformation for corporate social responsibility
    Chen, Di
    Hu, Haiqing
    Chang, Chun-Ping
    CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT, 2023, 30 (05) : 2166 - 2181
  • [30] Integrating ESG into Corporate Strategy: Unveiling the Moderating Effect of Digital Transformation on Green Innovation through Employee Insights
    Sun, Qiang
    Li, Yannan
    Hong, Ahreum
    SYSTEMS, 2024, 12 (05):
12345