企业家精神如何推动ESG绩效：数据资产化和融资约束的作用

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-05-25 DOI:10.1016/j.frl.2025.107630

AnChao Wang , Abdul Saqib

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引用次数: 0

摘要

本研究探讨企业家精神对企业ESG绩效的影响，强调融资约束和数据资产化的作用。利用2010-2022年中国上市公司的面板数据，并利用多重估计技术解决内生性问题，我们发现企业家精神通过缓解融资约束、实现可持续投资来提高ESG绩效。数据资产化通过优化资源利用和促进创新进一步加强了这种关系。本文强调了企业家精神的关键作用，并基于资源基础观点，提供了一种新颖的分析，为企业ESG计划的未来发展提供信息。

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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How entrepreneurship drives ESG performance: The roles of data assetization and financing constraints

This study investigates the impact of entrepreneurship on corporate ESG performance, emphasizing the roles of financing constraints and data assetization. Using panel data from Chinese listed firms (2010–2022) and addressing endogeneity using multiple estimation techniques, we find that entrepreneurship enhances ESG performance by alleviating financing constraints, enabling sustainable investments. Data assetization further strengthens this relationship by optimizing resource utilization and fostering innovation. This paper highlights the pivotal role of entrepreneurship and, based on the resource-based view, provides a novel analysis to inform the future advancement of corporate ESG initiatives.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

期刊介绍： Finance Research Letters welcomes submissions across all areas of finance, aiming for rapid publication of significant new findings. The journal particularly encourages papers that provide insight into the replicability of established results, examine the cross-national applicability of previous findings, challenge existing methodologies, or demonstrate methodological contingencies. Papers are invited in the following areas: Actuarial studies Alternative investments Asset Pricing Bankruptcy and liquidation Banks and other Depository Institutions Behavioral and experimental finance Bibliometric and Scientometric studies of finance Capital budgeting and corporate investment Capital markets and accounting Capital structure and payout policy Commodities Contagion, crises and interdependence Corporate governance Credit and fixed income markets and instruments Derivatives Emerging markets Energy Finance and Energy Markets Financial Econometrics Financial History Financial intermediation and money markets Financial markets and marketplaces Financial Mathematics and Econophysics Financial Regulation and Law Forecasting Frontier market studies International Finance Market efficiency, event studies Mergers, acquisitions and the market for corporate control Micro Finance Institutions Microstructure Non-bank Financial Institutions Personal Finance Portfolio choice and investing Real estate finance and investing Risk SME, Family and Entrepreneurial Finance