IDEAS home Printed from https://ideas.repec.org/a/eee/jrpoli/v91y2024ics0301420724003155.html
   My bibliography  Save this article

Does natural resource dependence influence the impact of financial technologies on corporate ESG and digital governance in China's listed enterprises?

Author

Listed:
  • Sang, Yuli
  • Xie, Mingjian
  • Bai, Xiaolong
  • Guo, Fusen

Abstract

In recent years, the concept of ESG has emerged globally and received widespread attention. In theory, financial technology in resource-dependent regions is expected to contribute to the development of corporate ESG. However, this has yet to be verified. This article selects 16,146 A-share listed companies in China as research samples from 2009 to 2019 and empirically analyzes the relationship between financial technology, natural resource dependence (Nrd), and ESG. The study shows that FinTech enhances corporate ESG, while Nrd constrains FinTech's enhancement impact on corporate ESG. This conclusion still holds after the endogeneity test and robustness test. Besides, Nrd constrains FinTech's effect on ESG in small and medium-sized enterprises (SMEs), state-owned enterprises, firms in the Middle East, and heavily polluting industries. FinTech can impact corporate ESG by easing financing constraints and driving digital transformation. This study provides a rationale for the rapid development and broad application of FinTech and digital governance in companies' drive for sustainable development.

Suggested Citation

  • Sang, Yuli & Xie, Mingjian & Bai, Xiaolong & Guo, Fusen, 2024. "Does natural resource dependence influence the impact of financial technologies on corporate ESG and digital governance in China's listed enterprises?," Resources Policy, Elsevier, vol. 91(C).
    • Handle: RePEc:eee:jrpoli:v:91:y:2024:i:c:s0301420724003155
    DOI: 10.1016/j.resourpol.2024.104948
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0301420724003155
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.resourpol.2024.104948?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jrpoli:v:91:y:2024:i:c:s0301420724003155. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/30467 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.