data for: digital transformation promote corporate environmental responsibility

Digitalization enables enterprises to achieve green development. However, its micro level internal driving mechanism has not yet been clarified. Based on the situational perspective of internal and external mechanism tests, this study analyzes the unbalanced panel data of companies listed on the Shanghai and Shenzhen Stock exchanges from 2013 to 2021, studying in-depth the internal mechanism of the relationship between digital transformation and corporate environmental responsibility. The results show that digital transformation has a significant and enabling effect on corporate environmental responsibility, substantially improving its performance. It also has a positive effect on environmental awareness, terminal pollution control, and some front-end root causes of corporate environmental responsibility. Additionally, economic policy uncertainty negatively moderates the positive relationship between digital transformation and corporate environmental responsibility, that is, the former’s promotional effects on the latter are stronger when economic policy uncertainty is low. Digital transformation also promotes corporate environmental responsibility by improving the internal mechanism of corporate internal control information transparency and financial constraints, as well as, increasing the external mechanism of media attention. Furthermore, its effectiveness in promoting corporate environmental responsibility is more evident in non-state-owned, key polluting, and high industrial competition facing enterprises. The findings enrich the internal mechanism of digitalization, promoting green development; expand and enrich the context and theoretical connotations of digitalization and corporate environmental responsibility; and provide inspiration and reference for enterprises to establish and improve modern enterprise systems, realizing sustainable digitalization and green development.

数字化（Digitalization）可助力企业实现绿色发展，但其微观层面的内在驱动机制尚未明晰。本研究基于内外机制检验的情境视角，以2013-2021年沪深两市上市企业的非平衡面板数据为样本，深入剖析数字化转型（Digital Transformation）与企业环境责任（Corporate Environmental Responsibility）之间关系的内在作用机制。研究结果表明，数字化转型对企业环境责任具有显著的赋能效应，可显著提升企业环境责任表现；同时对企业环境意识、末端污染治理以及企业环境责任的部分前端根源治理环节均产生正向影响。此外，经济政策不确定性（Economic Policy Uncertainty）负向调节数字化转型与企业环境责任之间的正向关系，即当经济政策不确定性较低时，数字化转型对企业环境责任的助推作用更强。数字化转型还通过提升企业内部控制信息透明度（Internal Control Information Transparency）、缓解融资约束（Financial Constraints）的内部路径，以及提升媒体关注度（Media Attention）的外部路径，促进企业环境责任的履行。进一步而言，数字化转型对企业环境责任的助推效应在非国有企业、重点污染行业企业以及面临较高行业竞争程度的企业中更为显著。本研究的发现丰富了数字化赋能绿色发展的内在机制，拓展并充实了数字化与企业环境责任领域的研究情境与理论内涵，同时为企业建立健全现代企业制度（Modern Enterprise Systems）、实现数字化与绿色可持续发展提供了有益启示与参考借鉴。