Hong Yu , Jialiang Sun , Liqin Zhang , Jianguang Deng
{"title":"网络基础设施与ESG绩效:环境执法的作用","authors":"Hong Yu , Jialiang Sun , Liqin Zhang , Jianguang Deng","doi":"10.1016/j.frl.2025.107822","DOIUrl":null,"url":null,"abstract":"<div><div>This study uses the “Broadband China” pilot as a quasi-natural experiment to empirically assess the impact of network infrastructure (NI) on enterprise environmental, social, and governance (ESG) performance. The results show that NI significantly enhances ESG performance, digital transformation and green innovation serve as mediating mechanisms, stronger environmental law enforcement amplifies NI’s positive effect on ESG outcomes, and NI has a more pronounced effect in enterprises with separated chief executive and board chairperson and in non-state-owned firms.</div></div>","PeriodicalId":12167,"journal":{"name":"Finance Research Letters","volume":"84 ","pages":"Article 107822"},"PeriodicalIF":7.4000,"publicationDate":"2025-06-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Network infrastructure and ESG performance: The role of environmental law enforcement\",\"authors\":\"Hong Yu , Jialiang Sun , Liqin Zhang , Jianguang Deng\",\"doi\":\"10.1016/j.frl.2025.107822\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study uses the “Broadband China” pilot as a quasi-natural experiment to empirically assess the impact of network infrastructure (NI) on enterprise environmental, social, and governance (ESG) performance. The results show that NI significantly enhances ESG performance, digital transformation and green innovation serve as mediating mechanisms, stronger environmental law enforcement amplifies NI’s positive effect on ESG outcomes, and NI has a more pronounced effect in enterprises with separated chief executive and board chairperson and in non-state-owned firms.</div></div>\",\"PeriodicalId\":12167,\"journal\":{\"name\":\"Finance Research Letters\",\"volume\":\"84 \",\"pages\":\"Article 107822\"},\"PeriodicalIF\":7.4000,\"publicationDate\":\"2025-06-20\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Finance Research Letters\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1544612325010803\",\"RegionNum\":2,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"BUSINESS, FINANCE\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Finance Research Letters","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1544612325010803","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
Network infrastructure and ESG performance: The role of environmental law enforcement
This study uses the “Broadband China” pilot as a quasi-natural experiment to empirically assess the impact of network infrastructure (NI) on enterprise environmental, social, and governance (ESG) performance. The results show that NI significantly enhances ESG performance, digital transformation and green innovation serve as mediating mechanisms, stronger environmental law enforcement amplifies NI’s positive effect on ESG outcomes, and NI has a more pronounced effect in enterprises with separated chief executive and board chairperson and in non-state-owned firms.
期刊介绍:
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