Digital inclusive finance and corporate ESG performance: The moderating role of executives with financial backgrounds

被引:8
|
作者
Lu, Hongyu [1 ]
Cheng, Zhao [2 ]
机构
[1] Tianjin Univ Finance & Econ, Sch Econ, Tianjin 300222, Peoples R China
[2] Univ Sci & Technol Beijing, Sch Econ & Management, Beijing 100083, Peoples R China
关键词
Digital inclusive finance; ESG performance; Executive characteristics; Financial background; GOVERNANCE; IMPACT;
D O I
10.1016/j.frl.2023.104858
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Utilizing empirical data from A-share listed corporations on the Shanghai and Shenzhen stock exchanges of China between 2011 and 2021. It empirically examines the impact of digital in-clusive finance (DIF) on corporate ESG performance and explores the mediating function of ex-ecutives with financial backgrounds. The research findings are below: (1) DIF considerably improves corporate ESG performance, consistently validated across a spectrum of robustness tests; (2) DIF's beneficial impact on business ESG performance is reduced by the influence of executives with financial backgrounds (3) The positive influence on corporate ESG performance is particularly evident for mid-western enterprises and non-state-owned enterprises.
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页数:7
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