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The Relationship between Digital Transformation and ESG Performance of Chinese Automotive Companies

Year: 2024

Type: article

Abstract: This study explores the impact of digital transformation on the Environmental, Social, and Governance (ESG) performance of automotive enterprises. Using methods such as descriptive analysis, Kernel Density Estimation (KDE), and linear regression models, an in-depth analysis was conducted on data from multiple automotive companies. The findings indicate that digitalization, environmental management, social responsibility, and corporate governance significantly influence ESG performance. The specific conclusions are as follows: companies with a higher degree of digital transformation have higher ESG scores; companies that excel in environmental protection and social responsibility also achieve higher ESG scores; and strong corporate governance structures contribute to improved ESG scores. It is recommended that companies increase investment in digital technologies, optimize environmental management policies, actively fulfill social responsibilities, and establish robust corporate governance structures to comprehensively enhance their ESG performance and sustainable development capabilities in the future.

Source: International Journal of Academic Research in Economics and Management Sciences

DOI: 10.6007/ijarems/v13-i4/23393

Authors: Ma Shang, Anees Janee Ali

Institution: Universiti Sains Malaysia

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

Funder: Universiti Sains Malaysia