Digital Transformation, Corporate Performance and ESG: Evidence from A-Share Listed Companies

Zhiyu Li

doi:10.54097/hbem.v12i.8385

Authors

Zhiyu Li

DOI:

https://doi.org/10.54097/hbem.v12i.8385

Keywords:

Digital Transformation, Corporate Performance, ESG Performance, Intermediary Mechanism.

Abstract

Based on the background of the rapid development of the digital economy, panel data of China's A-share listed companies from 2014 to 2021 are selected to explore the impact of digital transformation on enterprise performance and the logical relationship between digital transformation, enterprise performance and ESG. The results show that enterprise digital transformation can improve enterprise performance, and ESG performance plays an intermediary role in the improvement path of enterprise digital transformation to enterprise performance. Further, the results are still valid after Sobel and Bootstrap tests, variable substitution and time lag method. The conclusion of this study provides a theoretical basis for clarifying the influence path of enterprise digital transformation on enterprise performance, improving enterprise ESG performance, and promoting high-quality economic development.

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