Exploring the Impact of Executives’ Digital Attention on Corporate Sustainable Development: Evidence from China
経営者のデジタル注意力が企業の持続可能な発展に与える影響の探求：中国からの証拠 (AI 翻訳)
Quan Zhang, Yichuan Wang, Le Zhu, Suying Song
🤖 gxceed AI 要約
日本語
中国A株企業の2012～2023年のパネルデータを用いて、経営陣のデジタル化への焦点が企業の持続可能性パフォーマンスと有意に正の関連を持つことを発見。大企業、競争力の高い企業、東部地域の企業で効果が顕著。資源の構造化・バンドリング・活用能力を向上させることで持続可能な発展を促進する。資金調達制約は効果を弱め、メディアの注目は強化する。
English
Using panel data of Chinese A-share firms from 2012 to 2023, we find executives' digital attention positively associated with corporate sustainability performance. The effect is stronger for large firms, competitive players, and firms in eastern China. Mechanisms include improved resource structuring, bundling, and leveraging capabilities. Financing constraints weaken, while media attention enhances the effect.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本企業においてもデジタル経営の重要性が高まる中、中国企業を対象とした本研究成果は、経営者のデジタル注意力が持続可能性に影響するメカニズムを示唆する。日本の文脈での検証が期待される。
In the global GX context
This study provides empirical evidence from China on how executives' cognitive focus on digitalization drives corporate sustainability performance, offering insights for digital transformation and ESG integration globally.
👥 読者別の含意
🔬研究者:Examines mechanism of executives' digital attention on sustainability via resource capabilities.
🏢実務担当者:Highlights the value of executives' digital focus for improving sustainability performance.
📄 Abstract（原文）
Using the panel data of Chinese A-share firms from 2012 to 2023, we find that executives’ focus on digitalization is significantly and positively associated with corporate sustainability performance. The finding holds firm after a suite of endogeneity and robustness tests. Heterogeneity tests indicate that such a favorable impact is more salient for large enterprises, industry players with superior competitiveness, and entities situated in eastern China. The mechanism tests reveal that executives’ digital attention enhances corporate sustainable development by improving resource structuring capability, resource bundling capability, and resource leveraging capability. Additionally, financing constraints weaken, while media attention will enhance this promoting effect. Additional dimension-focused analyses demonstrate that the direct promotional impact of executives’ digital attention on corporate financial performance remains statistically insignificant, whereas it exerts a markedly positive catalytic effect on corporate environmental performance. This research offers novel theoretical interpretations and practical implications regarding the role of executive cognitive orientation in advancing corporate sustainable development against the backdrop of digital transformation.
🔗 Provenance — このレコードを発見したソース
- semanticscholar https://doi.org/10.3390/ijfs14020036first seen 2026-05-15 20:56:49
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gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。