Digital Innovations and ESG Disclosure: Does Policy Stability Matter?
摘要
This research examines the effect of digital innovations on ESG disclosure among Jordanian banking institutions with the consideration of the policy stability’s moderating effect. This research utilized a cross-sectional, quantitative research design, and data were gathered from banking decision-makers, policymakers, and managers who implement technologies like Artificial Intelligence, Blockchain, Big Data, and Internet of Things. Through purposive sampling, 500 valid responses were gained and subjected to Partial Least Squares Structural Equation Modeling (PLS-SEM) with SmartPLS 4.0. Findings show that digital innovations have a positive and significant effect on ESG disclosure, and such effect becomes more pronounced with stable policy regimes. The research contributes insightful results, emphasizing the significance of regulatory stability and digital preparedness in enhancing bank ESG reporting. This research fills the knowledge gap evidenced in existing research and offers meaningful guidelines for banking decision-makers and policymakers who aspire to upgrade their organizations’ ESG performance.