 The Synergistic Effects of Digital Technology Application and ESG Performance on Corporate PerformanceYudong Qi, Minmin Han and Chao Zhang Finance Research Letters, 2024, vol. 61, issue C Abstract: We examine the effect of enterprise digital technology applications and ESG performance on enterprise performance. By using textual analysis on hand-collecting data from the annual reports of Chinese Shanghai and Shenzhen A-share listed firms, we portray the extent of digital technology application of enterprise and further find that digital technology application and ESG performance have a significant positive effect on corporate performance, respectively. Besides that, we find that they have a significant synergistic effect on corporate performance, and this effect is particularly significant among firms with higher levels of governance and firms located in eastern China. Therefore, we provide solid theoretical support and insights for promoting the "digitalization and greening synergistic development" strategy for emerging market countries. Keywords: Digital technology applications; ESG performance; Synergies effect; Corporate Performance (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:61:y:2024:i:c:s1544612324000370 DOI: 10.1016/j.frl.2024.105007 Access Statistics for this article Finance Research Letters is currently edited by R. Gençay More articles in Finance Research Letters from Elsevier |
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