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Enterprise Digital Transformation and ESG Performance
- 1 Department of Management Engineering, Qingdao University of Technology, Qingdao, China
* Author to whom correspondence should be addressed.
Abstract
At a critical juncture where the "dual carbon" goals are guiding enterprises toward green development, ESG performance has garnered widespread attention. This study selects A-share listed companies in China from 2012 to 2022 as a sample and employs textual analysis to measure the degree of enterprise digital transformation. The findings reveal that digital transformation significantly enhances ESG performance, a conclusion that remains robust after a series of robustness and endogeneity tests. Mechanism testing indicates that digital transformation improves ESG performance by enhancing green innovation capabilities, strengthening external supervision, and optimizing resource allocation. Heterogeneity tests show that the enabling effect of digital transformation on ESG performance is more pronounced in firms with high analyst coverage, high-carbon industries, and highly marketized environments. This study enriches the theoretical discourse on enterprise digital transformation and provides practical insights for enterprises to better implement ESG practices.
Keywords
Digital Transformation, ESG, Analyst Coverage, Carbon Emissions, Sustainable Development
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Cite this article
Cao,H. (2025). Enterprise Digital Transformation and ESG Performance. Advances in Economics, Management and Political Sciences,173,71-81.
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Volume title: Proceedings of the 4th International Conference on Business and Policy Studies
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