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The Impact of ESG Disclosure Levels on Corporate Innovation Capabilities: A Case Study of the Electronic Equipment Manufacturing Industry
- 1 Guangdong University of Finance
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Abstract
With the increasing prominence of environmental, social, and governance (ESG) issues, countries around the world are encouraging businesses to incorporate ESG information disclosure into their daily operations and strategic planning as an important evaluation criterion. The electronic information manufacturing industry is a key component of China’s national economy, one of the most dynamic and innovative sectors, and plays a crucial role in industrial transformation and the modernization of social information systems. This article aims to highlight the positive correlation between corporate ESG disclosure levels and innovation capabilities, with a focus on the electronic equipment manufacturing industry, where "innovation" serves as the main competitive advantage. It advocates for companies to actively implement ESG principles and related policy requirements, which can help enhance their innovation capacity. By employing methods such as literature review, data analysis, and case studies, this paper progressively substantiates, explains, and expands the arguments. This research enriches the theoretical understanding of the relationship between ESG disclosure levels and corporate innovation capabilities, and, from the perspective of the new era, offers insights into long-term corporate development strategies.
Keywords
ESG Information Disclosure Level, Corporate Innovation Capability, Information Age, Economic Empowerment, Green Innovation
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Cite this article
Li,Q. (2024). The Impact of ESG Disclosure Levels on Corporate Innovation Capabilities: A Case Study of the Electronic Equipment Manufacturing Industry. Journal of Applied Economics and Policy Studies,13,69-76.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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Journal：Journal of Applied Economics and Policy Studies
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