摘要
企业ESG表现的影响因素已成为目前学术界关注的热点问题。本研究以城市数据交易平台的建立作为外生政策冲击,运用双重差分法实证检验数据要素市场化对企业ESG表现的影响与机制。研究表明,数据要素市场化通过推动企业数字化转型来促进ESG表现提升;高污染企业基于监督压力,更倾向于利用大数据的精准决策提升ESG表现;网络媒体关注度高的企业数据要素交易效率更高,具有提升ESG表现的信息优势。此外,在地方政府财政支持力度大、市场化程度高的区域内,企业具有资源支持及制度保障优势,数据要素市场化对区域内企业ESG表现的提升作用更强。数据要素市场化对周边地区企业可持续发展的溢出效应存在空间异质性,呈现随地理距离由小变大再变小的特征。研究结论对数字经济时代促进企业高质量发展具有启示作用,为以数据要素驱动的可持续发展提供参考路径。
The influencing factors of corporate ESG performance have become a hot issue in academia.Seeing the establishment of urban data trading platforms as the exogenous policy impact,this study empirically tests the impact and mechanism of data element marketization on corporate ESG performance by differences-in-differences.The research shows that the data element marketization promotes ESG performance by promoting the digital transformation of enterprises;based on the regulatory burden,heavy-polluting enterprises tend to use the accurate decision-making of big data to improve ESG performance,and enterprises with high online media attention have higher transaction efficiency of data elements,owning the information advantage of ESG performance improvement.In addition,in regions with strong financial support from local governments and high-degree marketization,enterprises have the advantages of resource support and system guarantee,and the data element marketization has a stronger role in improving corporate ESG performance.The data element marketization has spatial heterogeneity in its spillover effects on the sustainable development of surrounding regional enterprises,exhibiting a pattern of initially decreasing,then increasing,and finally decreasing again with geographic distance.The research findings offer insights into promoting high-quality development of enterprises in the digital economy era,providing a reference for the sustainable development driven by data elements.
作者
宣烨
李洋
XUAN Ye;LI Yang(Nanjing University of Finance and Economics,Nanjing 210046,China)
出处
《广东财经大学学报》
北大核心
2025年第1期18-31,共14页
Journal of Guangdong University of Finance & Economics
基金
国家社会科学基金后期资助重点项目(21FJLA001)
江苏省研究生科研与实践创新计划(KYCX23_1844)。
关键词
数据要素市场化
ESG
数字化转型
溢出效应
数据交易平台
data element marketization
ESG
digital transformation
spillover effect
data trading platform
