{"title":"数字化打造绿色未来:数字化背景下中国高铁产业的环保行为","authors":"Zihao Jiang , Jiarong Shi , Zhiying Liu","doi":"10.1016/j.rtbm.2025.101379","DOIUrl":null,"url":null,"abstract":"<div><div>Environmental, social, and governance (ESG) performance is evolving into a metric for assessing corporate social contribution and sustainable development. The development and deployment of digital technologies make the Chinese high-speed train industry more intelligent, but whether and how digital transformation affects the ESG performance remains underdeveloped. Based on the data of listed companies in Chinese high-speed train industry and two-way fixed effects estimations, this study empirically evaluates the heterogeneous impacts of digital transformation on the environmental, social, and governance performance, and clarifies the underlying mechanisms and heterogeneity. The empirical results confirm that digital transformation significantly improves the environmental and social performance of Chinese high-speed train industry, while its impact on governance performance is not significant. Green technological innovation and financial constraint play the mediating role, respectively. Besides, digital transformation nurtures the environmental and social performance of private-owned enterprises, but has no significant impact on that of state-owned enterprises. Additionally, there is a significantly positive correlation between digital transformation and governance performance of private-owned enterprises, but the negative results are observed in the sample of state-owned enterprises. Based on attention theory, this study finds that digital transformation may lead to information overload among state-owned enterprise managers, thereby damaging governance performance.</div></div>","PeriodicalId":47453,"journal":{"name":"Research in Transportation Business and Management","volume":"60 ","pages":"Article 101379"},"PeriodicalIF":4.4000,"publicationDate":"2025-04-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Greening the future via digitalization: Pro-environmental behaviors of the Chinese high-speed train industry in the digital context\",\"authors\":\"Zihao Jiang , Jiarong Shi , Zhiying Liu\",\"doi\":\"10.1016/j.rtbm.2025.101379\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Environmental, social, and governance (ESG) performance is evolving into a metric for assessing corporate social contribution and sustainable development. The development and deployment of digital technologies make the Chinese high-speed train industry more intelligent, but whether and how digital transformation affects the ESG performance remains underdeveloped. Based on the data of listed companies in Chinese high-speed train industry and two-way fixed effects estimations, this study empirically evaluates the heterogeneous impacts of digital transformation on the environmental, social, and governance performance, and clarifies the underlying mechanisms and heterogeneity. The empirical results confirm that digital transformation significantly improves the environmental and social performance of Chinese high-speed train industry, while its impact on governance performance is not significant. Green technological innovation and financial constraint play the mediating role, respectively. Besides, digital transformation nurtures the environmental and social performance of private-owned enterprises, but has no significant impact on that of state-owned enterprises. Additionally, there is a significantly positive correlation between digital transformation and governance performance of private-owned enterprises, but the negative results are observed in the sample of state-owned enterprises. Based on attention theory, this study finds that digital transformation may lead to information overload among state-owned enterprise managers, thereby damaging governance performance.</div></div>\",\"PeriodicalId\":47453,\"journal\":{\"name\":\"Research in Transportation Business and Management\",\"volume\":\"60 \",\"pages\":\"Article 101379\"},\"PeriodicalIF\":4.4000,\"publicationDate\":\"2025-04-14\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Research in Transportation Business and Management\",\"FirstCategoryId\":\"5\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S221053952500094X\",\"RegionNum\":2,\"RegionCategory\":\"工程技术\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"BUSINESS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Research in Transportation Business and Management","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S221053952500094X","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"BUSINESS","Score":null,"Total":0}
Greening the future via digitalization: Pro-environmental behaviors of the Chinese high-speed train industry in the digital context
Environmental, social, and governance (ESG) performance is evolving into a metric for assessing corporate social contribution and sustainable development. The development and deployment of digital technologies make the Chinese high-speed train industry more intelligent, but whether and how digital transformation affects the ESG performance remains underdeveloped. Based on the data of listed companies in Chinese high-speed train industry and two-way fixed effects estimations, this study empirically evaluates the heterogeneous impacts of digital transformation on the environmental, social, and governance performance, and clarifies the underlying mechanisms and heterogeneity. The empirical results confirm that digital transformation significantly improves the environmental and social performance of Chinese high-speed train industry, while its impact on governance performance is not significant. Green technological innovation and financial constraint play the mediating role, respectively. Besides, digital transformation nurtures the environmental and social performance of private-owned enterprises, but has no significant impact on that of state-owned enterprises. Additionally, there is a significantly positive correlation between digital transformation and governance performance of private-owned enterprises, but the negative results are observed in the sample of state-owned enterprises. Based on attention theory, this study finds that digital transformation may lead to information overload among state-owned enterprise managers, thereby damaging governance performance.
期刊介绍:
Research in Transportation Business & Management (RTBM) will publish research on international aspects of transport management such as business strategy, communication, sustainability, finance, human resource management, law, logistics, marketing, franchising, privatisation and commercialisation. Research in Transportation Business & Management welcomes proposals for themed volumes from scholars in management, in relation to all modes of transport. Issues should be cross-disciplinary for one mode or single-disciplinary for all modes. We are keen to receive proposals that combine and integrate theories and concepts that are taken from or can be traced to origins in different disciplines or lessons learned from different modes and approaches to the topic. By facilitating the development of interdisciplinary or intermodal concepts, theories and ideas, and by synthesizing these for the journal''s audience, we seek to contribute to both scholarly advancement of knowledge and the state of managerial practice. Potential volume themes include: -Sustainability and Transportation Management- Transport Management and the Reduction of Transport''s Carbon Footprint- Marketing Transport/Branding Transportation- Benchmarking, Performance Measurement and Best Practices in Transport Operations- Franchising, Concessions and Alternate Governance Mechanisms for Transport Organisations- Logistics and the Integration of Transportation into Freight Supply Chains- Risk Management (or Asset Management or Transportation Finance or ...): Lessons from Multiple Modes- Engaging the Stakeholder in Transportation Governance- Reliability in the Freight Sector