网络基础设施与ESG绩效:环境执法的作用

IF 7.4 2区 经济学 Q1 BUSINESS, FINANCE
Hong Yu , Jialiang Sun , Liqin Zhang , Jianguang Deng
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引用次数: 0

摘要

本研究以“宽带中国”试点为准自然实验,实证评估网络基础设施(NI)对企业环境、社会和治理(ESG)绩效的影响。结果表明,企业环境绩效显著提升,数字化转型和绿色创新是中介机制,环境执法力度的加强放大了企业环境绩效对ESG结果的正向影响,且企业环境绩效对ceo与董事长分离企业和非国有企业的影响更为显著。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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.
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来源期刊
Finance Research Letters
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
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