This study examines the impact and mechanism of digital transformation on the corporate environmental, social and governance (ESG) performance of Chinese A-share listed multinational companies (MNCs) from 2011 to 2021. Corporate digital transformation can enhance ESG performance by reducing institutional distance, improving internal control quality and absorptive capacity. The level of internationalisation also has a positive impact on this relationship. The positive effect of digital transformation on the ESG performance of MNCs is more pronounced in non-high-tech industries and mature companies. This study offers theoretical support for improving MNCs' ESG performance and managing cross-border operational risks through digital transformation.
机构:
Shanghai Univ Finance & Econ SUFE, Sch Finance, Shanghai 200433, Peoples R ChinaShanghai Univ Finance & Econ SUFE, Sch Finance, Shanghai 200433, Peoples R China
Cai, Cen
Tu, Yongqian
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Renmin Univ China, Natl Acad Dev & Strategy, Beijing 100872, Peoples R ChinaShanghai Univ Finance & Econ SUFE, Sch Finance, Shanghai 200433, Peoples R China
Tu, Yongqian
Li, Zhi
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Guangdong Univ Finance, Modern Credit Serv Ind Dev Res Ctr, Guangzhou 510521, Guangdong, Peoples R ChinaShanghai Univ Finance & Econ SUFE, Sch Finance, Shanghai 200433, Peoples R China
机构:
Zhuhai Coll Sci & Technol, Sch Business, Zhuhai 519000, Peoples R China
City Univ Macao, Fac Business, Taipa 999078, Macao, Peoples R ChinaZhuhai Coll Sci & Technol, Sch Business, Zhuhai 519000, Peoples R China
Guo, Xin
Pang, Weiyan
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Zhuhai Hangcheng Airport Construct Co Ltd, Zhuhai 519000, Peoples R ChinaZhuhai Coll Sci & Technol, Sch Business, Zhuhai 519000, Peoples R China