{"title":"Big data capabilities, ESG performance and corporate value","authors":"","doi":"10.1016/j.iref.2024.103540","DOIUrl":null,"url":null,"abstract":"<div><p>Utilizing panel data from listed companies in China spanning from 2012 to 2022, this study explores the correlation between big data capabilities, ESG (Environmental, Social, and Governance) performance, and enterprise value. The findings reveal that strong big data capabilities contribute to an increase in enterprise value. Additionally, improved ESG performance also leads to an augmentation in enterprise value, while exerting a favorable moderating effect. Furthermore, there exists a disparity in how ESG performance impacts the value of state-owned and non-state-owned enterprises, with a more pronounced effect observed in state-owned enterprises.</p></div>","PeriodicalId":14444,"journal":{"name":"International Review of Economics & Finance","volume":null,"pages":null},"PeriodicalIF":4.8000,"publicationDate":"2024-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Economics & Finance","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S105905602400532X","RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
Utilizing panel data from listed companies in China spanning from 2012 to 2022, this study explores the correlation between big data capabilities, ESG (Environmental, Social, and Governance) performance, and enterprise value. The findings reveal that strong big data capabilities contribute to an increase in enterprise value. Additionally, improved ESG performance also leads to an augmentation in enterprise value, while exerting a favorable moderating effect. Furthermore, there exists a disparity in how ESG performance impacts the value of state-owned and non-state-owned enterprises, with a more pronounced effect observed in state-owned enterprises.
期刊介绍:
The International Review of Economics & Finance (IREF) is a scholarly journal devoted to the publication of high quality theoretical and empirical articles in all areas of international economics, macroeconomics and financial economics. Contributions that facilitate the communications between the real and the financial sectors of the economy are of particular interest.