IDEAS home Printed from https://ideas.repec.org/a/ibn/ijefaa/v17y2025i2p15.html
   My bibliography  Save this article

Analysis of the Influence Mechanism of Digital Transformation on the New Quality Productivity of Enterprises --The Mediating Role of Financing Constraints and ESG Ratings

Author

Listed:
  • Yichun Zhang
  • Xinyi Zhang

Abstract

Based on the panel data of A-share listed companies from 2011 to 2022, this paper empirically tests the impact and transmission mechanism between enterprise digital transformation and enterprise new quality productivity. The results show that enterprise digital transformation has a significant driving effect on enterprise new quality productivity, and the conclusion still holds after a series of robustness tests. In terms of the impact mechanism, firms drive the level of firms’ new quality productivity by alleviating financing constraints and improving firms’ ESG performance, and digital transformation significantly enhances new quality productivity in SOEs, large firms, and technology-intensive industries.

Suggested Citation

  • Yichun Zhang & Xinyi Zhang, 2025. "Analysis of the Influence Mechanism of Digital Transformation on the New Quality Productivity of Enterprises --The Mediating Role of Financing Constraints and ESG Ratings," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 17(2), pages 1-15, February.
    • Handle: RePEc:ibn:ijefaa:v:17:y:2025:i:2:p:15
    as

    Download full text from publisher

    File URL: https://ccsenet.org/journal/index.php/ijef/article/download/0/0/51123/55472
    Download Restriction: no
    File URL: https://ccsenet.org/journal/index.php/ijef/article/view/0/51123
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Yang, Xiangyang & Li, Zijun & Qiu, Zhaoxuan & Wang, Jinmin & Liu, Bei, 2024. "ESG performance and corporate technology innovation: Evidence from China," Technological Forecasting and Social Change, Elsevier, vol. 206(C).
    2. Li Wang & Hongyu Yang, 2024. "Digital technology innovation and corporate ESG performance: evidence from China," Economic Change and Restructuring, Springer, vol. 57(6), pages 1-32, December.
    3. Stephanie Aaronson & Catherine L. Mann & Chad Syverson, 2024. "Labor, investment, and technology: assessing the drivers of productivity growth," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 59(3), pages 154-165, July.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Fu, Tong & Qiu, Zhaoxuan & Yang, Xiangyang & Li, Zijun, 2024. "The impact of artificial intelligence on green technology cycles in China," Technological Forecasting and Social Change, Elsevier, vol. 209(C).
    2. Raminta Vaitiekuniene & Kristina Sutiene & Rytis Krusinskas, 2024. "Factors Affecting the Sustainability of Corporates in Polluting Sectors," Sustainability, MDPI, vol. 16(20), pages 1-12, October.

    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

    Statistics

    Access and download statistics

    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:ibn:ijefaa:v:17:y:2025:i:2:p:15. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: Canadian Center of Science and Education (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    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.