Big data capabilities, ESG performance and corporate value

IF 4.8 2区经济学 Q1 BUSINESS, FINANCE

International Review of Economics & Finance Pub Date : 2024-09-01 DOI:10.1016/j.iref.2024.103540

引用次数: 0

Abstract

Utilizing panel data from listed companies in China spanning from 2012 to 2022, this study explores the correlation between big data capabilities, ESG (Environmental, Social, and Governance) performance, and enterprise value. The findings reveal that strong big data capabilities contribute to an increase in enterprise value. Additionally, improved ESG performance also leads to an augmentation in enterprise value, while exerting a favorable moderating effect. Furthermore, there exists a disparity in how ESG performance impacts the value of state-owned and non-state-owned enterprises, with a more pronounced effect observed in state-owned enterprises.

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大数据能力、环境、社会和公司治理绩效与企业价值

本研究利用中国上市公司 2012 年至 2022 年的面板数据，探讨了大数据能力、ESG（环境、社会和治理）绩效与企业价值之间的相关性。研究结果表明，强大的大数据能力有助于提高企业价值。此外，环境、社会和治理绩效的提高也会导致企业价值的增加，同时产生有利的调节作用。此外，环境、社会和治理绩效对国有企业和非国有企业价值的影响存在差异，国有企业的影响更为明显。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

International Review of Economics & Finance Multiple-

CiteScore

7.30

自引率

2.20%

发文量

253

期刊介绍： The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.