Scholarlink

<p>Against the backdrop of profound changes in the global digital wave, the establishment of the National Big Data Comprehensive Pilot Zones (NBDCPZ) presents a critical opportunity for firms to enhance their environmental, social, and governance (ESG) performance. This study uses data from Chinese A-share listed firms from 2009 to 2022, to empirically analyze the impact of NBDCPZ on corporate ESG performance by the Staggered DID model. The results indicate that the establishment of NBDCPZ can improve corporate ESG performance by environmental protection effect, social responsibility effect, and governance optimization effect. For firms of big size, light pollution industries, strong Confucian cultural regions, and high environmental concern regions, the impact of NBDCPZ on ESG performance is more significant. This study also introduces external supervision as a moderating variable, demonstrating that increased external supervision amplifies the positive effects of NBDCPZ on corporate ESG performance. This study highlights how NBDCPZ can effectively enhance corporate sustainability practices, offering valuable insights to foster responsible corporations under emerging data-driven governance.</p>

错误：搜索内容不能为空，请输入英文关键词
错误：关键词超出字数限制，请精简
高级检索

Big data development and corporate ESG performance: evidence from China

  • 期刊论文

  • 发表日期：

    2025年11月26日

查看全文
  • Shuo Gong,
  • Zhendong Su

摘要

Against the backdrop of profound changes in the global digital wave, the establishment of the National Big Data Comprehensive Pilot Zones (NBDCPZ) presents a critical opportunity for firms to enhance their environmental, social, and governance (ESG) performance. This study uses data from Chinese A-share listed firms from 2009 to 2022, to empirically analyze the impact of NBDCPZ on corporate ESG performance by the Staggered DID model. The results indicate that the establishment of NBDCPZ can improve corporate ESG performance by environmental protection effect, social responsibility effect, and governance optimization effect. For firms of big size, light pollution industries, strong Confucian cultural regions, and high environmental concern regions, the impact of NBDCPZ on ESG performance is more significant. This study also introduces external supervision as a moderating variable, demonstrating that increased external supervision amplifies the positive effects of NBDCPZ on corporate ESG performance. This study highlights how NBDCPZ can effectively enhance corporate sustainability practices, offering valuable insights to foster responsible corporations under emerging data-driven governance.