Policy Empowerment, Digital-Intelligence Integration and ESG Performance—A Quasi Natural Experiment Based on the Artificial Intelligence Innovation and Development Experimental Zone
Year: 2025
Type: article
Abstract: 基于2010~2022年中国A股上市公司数据，以人工智能创新发展试验区作为准自然实验，从数智融合视角，考察试验区设立政策对企业ESG表现的影响。研究发现：人工智能试验区的设立显著提升企业ESG总体表现，且显著改善企业环境和公司治理表现，但对企业的社会表现影响不显著；企业数字化、智能化、数智融合水平正向调节试验区设立对企业ESG表现的影响；非国有、规模更小、政府补贴更多、数字生态环境更优、高科技以及非重污染的企业ESG表现政策受益更明显。Based on the data of A-share listed companies in China from 2010 to 2022, using the artificial intelligence innovation and development pilot zone as a quasi natural experiment, this study examines the impact of the establishment of the pilot zone on the ESG performance of enterprises from the perspective of digital-intelligence integration. Research has found that the establishment of experimental zones has improved the ESG performance of enterprises, with significant improvements in corporate environment and governance performance, but no significant impact on social performance; The level of digitalization, intelligence, and integration of digital and intelligence in enterprises will positively regulate the impact of the experimental zone on the ESG performance of enterprises; The policy has significantly improved the ESG performance of non-state-owned, smaller scale, more government subsidies, better digital ecological environment, and high-tech and non-heavily polluting enterprises.
Source: E-Commerce Letters
Author: 少杰 刘
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4412518552