重庆理工大学学报2025，Vol.39Issue(20)：106-121,16.DOI:10.3969/j.issn.1674-8425(s).2025.10.009
数据资产与企业ESG发展:赋能还是负能
Data assets and the ESG development of enterprises:Empowering or negative energy
摘要
Abstract
Do data assets empower or hinder the ESG development of enterprises?This paper uses the panel data from China's listed manufacturing companies from 2010 to 2023 and constructs a data asset measurement model to empirically examine the impact of data asset level on the ESG development of enterprises and its underlying mechanisms.The finding indicates that,overall,the improvement of data asset level has a significant promoting effect the ESG development of enterprises.At stage-based analysis reveals a U-shaped relationship between data asset levels and the ESG development of enterprises;mechanism analysis further shows that the level of corporate data assets has an impact on the ESG development of enterprises through three channels:financing constraints,innovation of research and development,and operational risks;heterogeneity analysis demonstrates that the positive effect of data assets on the ESG development of enterprises is more pronounced among non-state-owned enterprises,large firms high-tech enterprises,and enterprises in the eastern region.Based on these results,relevant policy recommendations are proposed to promote the construction of enterprise data assets and empower the ESG development of enterprises.关键词
数据资产/ESG/融资约束/创新投入/经营风险Key words
data asset/ESG/financing constraint/innovation investment/operating risk分类
管理科学引用本文复制引用
潘艺..数据资产与企业ESG发展:赋能还是负能[J].重庆理工大学学报,2025,39(20):106-121,16.基金项目
中国社会科学院重大创新工程"中国制造业企业全要素生产率研究"(2101000100020086) （2101000100020086）
中国社会科学院重点登峰战略项目"企业管理与会计学优势学科建设"(210203005) （210203005）
