Digital Pathways to Drive Corporate ESG Development

Xinyi Cai ()
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Xinyi Cai: Shanghai Normal University, Business School

A chapter in Proceedings of the 2025 10th International Conference on Social Sciences and Economic Development (ICSSED 2025), 2025, pp 340-350 from Springer

Abstract: Abstract With the development of digital economy, digital transformation has become an important issue globally, and ESG is a concept advocated by the United Nations to integrate environmental, social and governance (ESG) responsibilities into the development model of enterprises in order to form a sustainable business model. Therefore, it is important to analyze the path to promote sustainable corporate development. Based on the panel data of Chinese A-share listed companies from 2013-2023, the article explores the impact of government digital attention on corporate ESG development. The study finds that the government’s digital attention has a significant role in promoting the environmental, social and governance aspects of corporate ESG development. Mechanism tests show that the government’s digital attention promotes ESG development by enhancing firms’ innovation capabilities. In addition, this paper also verifies the reliability of the results through robustness test and heterogeneity analysis, and finds that the ESG development of enterprises in the growth period is more significant after being concerned by the government. The findings provide theoretical basis and practical guidance for government policy making and corporate strategy.

Keywords: Government digital attention; corporate governance; ESG; mediating effects (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-734-2_40

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DOI: 10.2991/978-94-6463-734-2_40

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