报告摘要：
The mechanisms underlying the relationship between firms' digitalization transformations and environmental, social, and governance (ESG) disclosure remain underexplored. Utilizing a sample of Chinese listed firms from 2011 to 2021, this research investigates the mechanisms by which digitalization affects firms' ESG disclosures. Our findings are as follows: (i) Digitalization transformation effectively promotes firms' ESG disclosure levels. (ii) Digital transformation enhances firms' ESG disclosure levels through improved internal control and green innovation. (iii) The positive effects of digital transformation on ESG disclosure levels are more pronounced in non-state-owned enterprises (non-SOEs), in the manufacturing and high-tech industries, and in firms with lower financing constraints, a lower ratio of independent directors, a more positive government attitude towards industrial policy, and higher analyst coverage. (iv) The tertiary education diversity of board members negatively moderates the impact of digital transformation on ESG disclosure levels, and the professional expertise diversity of board members similarly negatively moderates the relationship between digital transformation and ESG disclosure levels. Our research contributes to a deeper understanding of the nuanced mechanisms that underlie the positive relationship between firms' digital transformation and their ESG disclosure levels.
专家简介：
孙彦琦，新西兰怀卡托大学会计学博士，北京石油化工学院经济管理学院助理教授，
研究方向为可持续性会计和审计、生物多样性报告、综合报告、智力资本、动物福利披露、企业社会责任、文本分析、实验研究方法等。在Sustainable Development、Sustainability Accounting, Management and Policy Journal、Journal of Intellectual Capital、Accounting & Finance、Journal of Innovation & Knowledge、Borsa Istanbul Review、Journal of Consumer Behaviour、Finance Research Letters、Kybernetes、Business Strategy and the Environment、Pacific-Basin Finance Journal、Environment, Development and Sustainability、Computational Economics发表多篇论文。
The mechanisms underlying the relationship between firms' digitalization transformations and environmental, social, and governance (ESG) disclosure remain underexplored. Utilizing a sample of Chinese listed firms from 2011 to 2021, this research investigates the mechanisms by which digitalization affects firms' ESG disclosures. Our findings are as follows: (i) Digitalization transformation effectively promotes firms' ESG disclosure levels. (ii) Digital transformation enhances firms' ESG disclosure levels through improved internal control and green innovation. (iii) The positive effects of digital transformation on ESG disclosure levels are more pronounced in non-state-owned enterprises (non-SOEs), in the manufacturing and high-tech industries, and in firms with lower financing constraints, a lower ratio of independent directors, a more positive government attitude towards industrial policy, and higher analyst coverage. (iv) The tertiary education diversity of board members negatively moderates the impact of digital transformation on ESG disclosure levels, and the professional expertise diversity of board members similarly negatively moderates the relationship between digital transformation and ESG disclosure levels. Our research contributes to a deeper understanding of the nuanced mechanisms that underlie the positive relationship between firms' digital transformation and their ESG disclosure levels.
专家简介：
孙彦琦，新西兰怀卡托大学会计学博士，北京石油化工学院经济管理学院助理教授，
研究方向为可持续性会计和审计、生物多样性报告、综合报告、智力资本、动物福利披露、企业社会责任、文本分析、实验研究方法等。在Sustainable Development、Sustainability Accounting, Management and Policy Journal、Journal of Intellectual Capital、Accounting & Finance、Journal of Innovation & Knowledge、Borsa Istanbul Review、Journal of Consumer Behaviour、Finance Research Letters、Kybernetes、Business Strategy and the Environment、Pacific-Basin Finance Journal、Environment, Development and Sustainability、Computational Economics发表多篇论文。
