{"title":"促进企业可持续发展:经济特区政策对企业数字化转型的影响","authors":"Zeyang Bian, Ning Wang","doi":"10.1016/j.sftr.2025.100797","DOIUrl":null,"url":null,"abstract":"<div><div>Digital transformation (DT) is the core driving force for enterprises aiming to achieve sustainable development in the future. This paper investigates the impact of Special Economic Zone (SEZ) policy on DT. Prior research focused on economic returns, leaving DT effects underexplored. Utilizing data from Chinese listed enterprises spanning 1990 to 2020, this study employs a difference-in-differences (DID) approach to compare enterprises located in different treated regions before and after the implementation of SEZ policies. Our findings indicate a significant increase of 1.342 in DT attributable to these policy effects, driven by SEZ initiatives that reduce operating costs, alleviate financial constraints, and promote innovations. This study sheds new light on the effective external solutions in promoting corporate sustainability in terms of digital transformation, and provides new insights into non-monetary return of government industrial policies.</div></div>","PeriodicalId":34478,"journal":{"name":"Sustainable Futures","volume":"10 ","pages":"Article 100797"},"PeriodicalIF":4.9000,"publicationDate":"2025-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Promoting corporate sustainability: The effect of special economic zone policy on enterprises' digital transformation\",\"authors\":\"Zeyang Bian, Ning Wang\",\"doi\":\"10.1016/j.sftr.2025.100797\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>Digital transformation (DT) is the core driving force for enterprises aiming to achieve sustainable development in the future. This paper investigates the impact of Special Economic Zone (SEZ) policy on DT. Prior research focused on economic returns, leaving DT effects underexplored. Utilizing data from Chinese listed enterprises spanning 1990 to 2020, this study employs a difference-in-differences (DID) approach to compare enterprises located in different treated regions before and after the implementation of SEZ policies. Our findings indicate a significant increase of 1.342 in DT attributable to these policy effects, driven by SEZ initiatives that reduce operating costs, alleviate financial constraints, and promote innovations. This study sheds new light on the effective external solutions in promoting corporate sustainability in terms of digital transformation, and provides new insights into non-monetary return of government industrial policies.</div></div>\",\"PeriodicalId\":34478,\"journal\":{\"name\":\"Sustainable Futures\",\"volume\":\"10 \",\"pages\":\"Article 100797\"},\"PeriodicalIF\":4.9000,\"publicationDate\":\"2025-06-06\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Sustainable Futures\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2666188825003624\",\"RegionNum\":2,\"RegionCategory\":\"社会学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"ENVIRONMENTAL SCIENCES\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Sustainable Futures","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2666188825003624","RegionNum":2,"RegionCategory":"社会学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ENVIRONMENTAL SCIENCES","Score":null,"Total":0}
Promoting corporate sustainability: The effect of special economic zone policy on enterprises' digital transformation
Digital transformation (DT) is the core driving force for enterprises aiming to achieve sustainable development in the future. This paper investigates the impact of Special Economic Zone (SEZ) policy on DT. Prior research focused on economic returns, leaving DT effects underexplored. Utilizing data from Chinese listed enterprises spanning 1990 to 2020, this study employs a difference-in-differences (DID) approach to compare enterprises located in different treated regions before and after the implementation of SEZ policies. Our findings indicate a significant increase of 1.342 in DT attributable to these policy effects, driven by SEZ initiatives that reduce operating costs, alleviate financial constraints, and promote innovations. This study sheds new light on the effective external solutions in promoting corporate sustainability in terms of digital transformation, and provides new insights into non-monetary return of government industrial policies.
期刊介绍:
Sustainable Futures: is a journal focused on the intersection of sustainability, environment and technology from various disciplines in social sciences, and their larger implications for corporation, government, education institutions, regions and society both at present and in the future. It provides an advanced platform for studies related to sustainability and sustainable development in society, economics, environment, and culture. The scope of the journal is broad and encourages interdisciplinary research, as well as welcoming theoretical and practical research from all methodological approaches.