EFFECT OF ESG PERFORMANCE ON CORPORATE GREEN TECHNOLOGY INNOVATION: THE MEDIATING ROLE OF FINANCIAL CONSTRAINTS AND DIGITAL TRANSFORMATION

被引：1

作者：

Wang, Hong ^{[1
]}

Zhang, Ying ^{[1
]}

Dagestani, Abd Alwahed ^{[2
]}

Qing, Lingli ^{[3
]}

机构：

[1] Hunan Agr Univ, Business Sch, Changsha 410125, Peoples R China

[2] Cent South Univ, Sch Business, Changsha 410083, Peoples R China

[3] Guangzhou Coll Commerce, Sch Accounting, Guangzhou 511363, Peoples R China

来源：

SINGAPORE ECONOMIC REVIEW | 2024年

关键词：

ESG performance; green technology innovation; financing constraints; digital transformation; IMPACT; GOVERNANCE; POLICY;

D O I：

10.1142/S0217590823470124

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

There is little research on the intrinsic mechanisms between environmental, social, and governance (ESG) performance and green technology innovation among firms in developing countries. Utilizing a dataset comprising Chinese A-share listed companies in Shanghai and Shenzhen for 2015-2020, this study employs a two-way fixed-effects modeling approach, accounting for industry- and time-specific effects. The results demonstrate an affirmative relationship between firms' ESG performance and green technology innovation, which is reinforced by state-owned enterprises and firms with dual CEO positions. This study offers a scholarly foundation for the broader transition toward a greener economy and society in China.

引用

页数：26

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