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

被引：8
|
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.
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页数：13
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