Evidence map›Paper›PMID 37867793›Full record

ArticleHeliyon2023

How does digital finance affect firm environmental, social and governance (ESG) performance? - Evidence from Chinese listed firms.

Liuyang Xue, Junan Dong, Yifan Zha

Abstract read
In one paragraph

Article in Heliyon, 2023. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 5 papers.

0numbers the graph read from it
0cells of the map it votes in
5citing papers in PubMed
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

5 citing papers in PubMed.

  1. Article
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4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

3 authors.

Liuyang XueBusiness School, Nankai University, Baidi Road, Nankai District, Tianjin, 300071, China.
Junan DongSchool of Management, Shandong University, Licheng District, Jinan Shandong, 250100, China.
Yifan ZhaSchool of Business Administration, Dongbei University of Finance and Economics, Shahekou District, Dalian Liaoning, 116025, China.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

The use of digital finance to promote firm environmental, social, and governance (ESG) fulfillment is the key to achieving sustainable development. This study uses the data of Chinese listed firms from 2010 to 2019 and China Digital Financial Inclusion Index of Peking University to empirically examine the impact and mechanism of digital finance on firm ESG performance. Results show that digital finance significantly and positively impacts firm ESG performance. Mechanism tests reveal that digital finance influences ESG performance by promoting firm green innovation, improving firm goodwill and reducing agency costs. Moreover, political connections negatively moderate the relationship between digital finance and firm ESG performance, while regional institutional development positively moderates this relationship.. Subdivision of digital finance dimension test shows that the main factors affecting ESG performance are the depth of use and the degree of digitization, while the breadth of coverage is not significant. Digital finance can also promote firm innovation by promoting ESG performance. This study integrates the value effect of digital finance with the concept of sustainable development, which has important theoretical and practical significance.

Indexed as

and governance (ESG) performanceChinaDigital financeEnvironmentalMechanism analysisSocialSustainable development

Identifiers

PMID37867793
PMCPMC10589848

What OpenQuestion holds

Textmetadata
LicenceCC BY-NC-ND
Read underepoch 390

Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.