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Digital transformation, ESG responsibility and corporate's export performance

Author

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  • Guo, Longfei
  • Zhong, Qijun
  • Wang, Haijun

Abstract

This study examines the effect of digital transformation on firms’ export performance between 2013 and 2021 by using information from the China Stock Market & Accounting Research Database. We find that digital transformation is positively correlated with firms’ export performance. Moreover, firms’ Environmental, Social, and Governance responsibility plays an important role in this process; specifically, environmental and social responsibility practices can significantly enhance firms’ export performance, whereas the influence of firms’ governance remains relatively minor. These findings contribute to a deeper understanding of the impact of digital transformation on Chinese listed firms’ export decisions and provide valuable insights for policymakers.

Suggested Citation

  • Guo, Longfei & Zhong, Qijun & Wang, Haijun, 2024. "Digital transformation, ESG responsibility and corporate's export performance," Finance Research Letters, Elsevier, vol. 69(PA).
  • Handle: RePEc:eee:finlet:v:69:y:2024:i:pa:s1544612324011358
    DOI: 10.1016/j.frl.2024.106106
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    References listed on IDEAS

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    1. Gunnar Friede & Timo Busch & Alexander Bassen, 2015. "ESG and financial performance: aggregated evidence from more than 2000 empirical studies," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 5(4), pages 210-233, October.
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    Cited by:

    1. Zhang, Lu & Xu, Shiyan & Chen, Jun & Li, Heng & Huo, Jiazhen, 2025. "The impact of ESG ratings on corporate overseas performance: A quasi-experiment based on a staggered DID model," Economic Analysis and Policy, Elsevier, vol. 88(C), pages 1453-1466.
    2. Wenwen Wang & Muqing Sun & Dong Zhou, 2025. "The impact of cross-border e-commerce comprehensive pilot zone on corporate financial constraints in China," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-14, December.
    3. yeboah, samuel, 2026. "Digital Transformation and Cost Efficiency in Manufacturing Firms," MPRA Paper 129217, University Library of Munich, Germany, revised 28 Apr 2026.

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