数字化转型对上市公司ESG表现的影响研究——基于内部控制的中介效应研究
Research on the Impact of Digital Transformation on the ESG Performance of Listed Companies—Study on the Mediation Effect Based on Internal Control

数字经济时代，ESG责任投资已成为国际资本市场重要的投资策略，努力提高ESG表现、增加社会效益成为企业在数字化转型过程中的重要目标。本文基于国泰安数字化转型数据库2011~2022年A股上市公司数据，实证检验了企业数字化转型对企业的ESG表现存在影响，研究发现：(1) 企业的数字化转型过程中的战略引领、技术驱动、组织赋能、数字化成果和数字化应用对企业ESG表现有促进作用。因此，在数字化转型过程中，企业可以通过以上五个方面提高企业的ESG表现。(2) 在战略引领、技术驱动、组织赋能、数字化成果对企业ESG表现的影响中，内部控制起到中介作用。本研究有助于企业在数字化转型过程中精准发力，针对薄弱环节进行改进，提高企业ESG表现，缓解融资约束，获得更多的资本投入。
In the era of digital economy, ESG responsible investment has become an important investment strategy in the international capital market, and improving ESG performance and increasing social benefits has become an important goal of enterprises in the process of digital transformation. This paper is based on the Tai’an digital transformation database in 2011~2022 A-share listed company data, empirical test the digital transformation of enterprise ESG performance, research found: 1) the strategy in the process of digital transformation, technology driven, organization can assign, digital achievements and digital application of ESG enterprise. Therefore, in the process of digital transformation, enterprises can improve their ESG performance through the above five aspects. 2) Internal control plays an intermediary role in the influence of strategic guidance, technology-driven, organizational enabling and digital achievements on enterprise ESG performance. This study helps enterprises to make precise efforts in the process of digital transformation, improve the weak links, improve the ESG performance of enterprises, ease financing constraints, and obtain more capital investment.