Too good to be true: The inverted U-shaped relationship between home-country digitalization and environmental performance

Ahmadova, Gozal; Delgado‐Márquez, Blanca L.; Pedauga, Luis Enrique; Hiz, Dante I. Leyva‐de la

doi:10.1016/j.ecolecon.2022.107393

Cited by 64 publications

(28 citation statements)

References 122 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…The development of the digital economy not only has positive effects, but may also have negative effects. Specifically, there is an inverted U-shaped relationship between digitization and environmental performance; that is, excessive levels of digitization can have a "rebound effect" that increases resource use and leads to higher pollution (Ahmadova et al, 2022). In addition, digital transformation and technological change may damage workers' rights and interests (Stevenson, 2019;Trajtenberg, 2019).…”

Section: Empirical Results and Discussionmentioning

confidence: 99%

Urban digital economy development, enterprise innovation, and ESG performance in China

Chen

Han

2022

Front. Environ. Sci.

View full text Add to dashboard Cite

This study analyzes the influence of urban digital economy development on enterprise ESG performance in China and its enterprise innovation channels. Based on matching micro-level data of enterprises and macro-level data of prefecture-level cities from 2012 to 2020, this study uses OLS to conduct empirical estimation and uses a multiple mediation effect model to test the influencing mechanism. Our findings demonstrate that the development of an urban digital economy significantly improves enterprise ESG performance in China. Additionally, the development of the digital economy can boost enterprise ESG performance by enhancing innovation input intensity, improving innovation output capacity, and enhancing innovation input intensity to improve innovation output capacity. Furthermore, we find that the development of the digital economy in eastern and northeastern China significantly improves enterprise ESG performance, urban agglomerations play a central role in the process of digital economy development improving enterprise ESG performance, and the development of the digital economy significantly enhances enterprise ESG performance in younger enterprises. Overall, our findings improve and enrich the research on the digital economy and enterprise development from the perspective of micro-enterprises and macro development. Moreover, they provide theoretical support and empirical evidence for the development of the digital economy and the realization of enterprises’ sustainable development.

show abstract

Section: Empirical Results and Discussionmentioning

confidence: 99%

Urban digital economy development, enterprise innovation, and ESG performance in China

Chen

Han

2022

Front. Environ. Sci.

View full text Add to dashboard Cite

show abstract

“…As Pierce and Aguinis (2013) contend, such inconsistent results arise because of the "too-much-of-a-good-thing (TMGT)" effect on the ESG-CFP nexus. The TMGT effect is caused by the possible negative consequences of a favorable antecedent (ESG) when its level reaches a threshold (turning point) after which the additional costs exceed the additional benefits generated (Ahmadova et al, 2022). Furthermore, the above discussion outlines the nonlinear ESG-CFP nexus, but the referenced literatures do not provide sufficient and robust evidence to prove it actually exist.…”

Section: Introductionmentioning

confidence: 99%

Too little or too much? Exploring the inverted U-shaped nexus between voluntary environmental, social and governance and corporate financial performance

Teng

et al. 2022

Front. Environ. Sci.

View full text Add to dashboard Cite

This study aims to examine the nonlinear relationship between environmental, social and governance (ESG) and corporate financial performance (CFP) using Taiwan Stock Exchange (TSE) listed firms with ESG disclosure between 2005 and 2019. The pooled ordinary least square (OLS) regression estimation results indicate the ESG-CFP nexus is a nonlinear (inverted U-shaped pattern). Furthermore, the individual ESG pillars each have a different relationship with CFP. Both the environmental and social pillars have an inverted U-shaped relationship with CFP, whereas there is no significant relationship between the governance pillar and CFP. The concave nonlinear relationship also supports the tenets of the “too-much-of-a-good-thing” effect. This research confirms that TSE listed firms should identify the optimal ESG value (threshold point), where ESG costs and benefits balance, to maintain sustainable development and stakeholder engagement.

show abstract

“…Currently, it is mainly reflected in three aspects. First is the measurement of digitalization (Jovanovic et al, 2018), including the selection of indicators; second is the relationship between digitalization and some certain aspects of socioeconomic development (Habibi and Zabardast, 2020;Zhao et al, 2020;Fan and Wu, 2021;Liu et al, 2021;Lee et al, 2022;Hao et al, 2023), such as the relationship between digitalization and high-quality development at the provincial level in China (Fan and Wu, 2021); third, the relationship between digitalization and the environment (Ahmadova et al, 2022;Cui et al, 2022), such as whether digitalization can improve environmental quality (Pang et al, 2021). Greening development has become the theme of the times.…”

Section: Introductionmentioning

confidence: 99%

Does digitalization make urban development greener? A case from 276 cities in China

Xu²,

He³

et al. 2023

Front. Ecol. Evol.

View full text Add to dashboard Cite

Nowadays countries in the world are striving to transform their economic and social development modes to achieve the general goal of green development. With the rapid development of communication technology, digitalization has affected production and life, touching all aspects of society. Can digitalization make the world “greener”? To this end, this study conducts an empirical research based on the panel data of 276 cities in China from 2011 to 2020. Firstly, this paper separately measured the comprehensive level of urban digitalization and urban greening through the Entropy-TOPSIS method, then analyzed their spatial distribution characteristics and evolution process respectively, finally used the spatial Durbin model to explore the impact of digitalization on urban greening development. The following conclusions were drawn accordingly: (1). The development pattern of urban digitalization has changed from “multi-point” sporadic distribution to “group-type” aggregation with obvious spatial heterogeneity. The gap between cities is not narrowing. The Yangtze River Delta urban agglomeration has become an important high-level digital agglomeration area; (2). The urban greening develops with obvious spatial heterogeneity. The difference between eastern regions and western regions is prominent, and the urban spatial agglomeration characteristic is distinct. However, the spillover effect is weakened with distance, while the convergence characteristic becomes obvious; (3). Digitalization is significantly beneficial to the development of urban greening with obvious spatial heterogeneity. Digitalization in cities within urban agglomeration and in eastern regions has a stronger effect on promoting the urban greening, which is not obvious in cities located in western regions and non-urban agglomeration. Finally, according to the research results, suggestions for urban digitalization and greening development are put forward.

show abstract

Too good to be true: The inverted U-shaped relationship between home-country digitalization and environmental performance

Cited by 64 publications

References 122 publications

Urban digital economy development, enterprise innovation, and ESG performance in China

Urban digital economy development, enterprise innovation, and ESG performance in China

Too little or too much? Exploring the inverted U-shaped nexus between voluntary environmental, social and governance and corporate financial performance

Does digitalization make urban development greener? A case from 276 cities in China

Contact Info

Product

Resources

About