Can supply chain digitalization open the way to sustainable development? Evidence from corporate ESG performance

IF 8.3 2区管理学 Q1 BUSINESS

Corporate Social Responsibility and Environmental Management Pub Date : 2024-12-05 DOI:10.1002/csr.3067

Lin Tian, Weilun Tian, Mengqi Guo

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引用次数: 0

Abstract

In the digital economy era, the supply chain digitalization has become a crucial factor driving sustainable development. Based on the Chinese A-share listed companies from 2011 to 2021, we use supply chain innovation and application pilots as a quasi-natural experiment to empirically examine the impact of supply chain digitalization on corporate environmental, social, and governance (ESG) performance via a double machine learning (DML) model. The results indicate that supply chain digitalization significantly enhances corporate ESG performance, this conclusion remains valid after various robustness tests. Mechanism analysis shows that supply chain digitalization improves corporate ESG performance by enhancing internal operational efficiency, increasing interfirm trade credit, and enhancing external supervision. Finally, the promotion effect of supply chain digitalization on ESG performance is mainly present in corporates with stronger cooperative culture, stronger innovation capabilities, party organization, and those operating in heavily polluting industries.

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来源期刊

Corporate Social Responsibility and Environmental Management Multiple-

CiteScore

17.20

自引率

16.30%

发文量

189

期刊介绍： Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas. The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.