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Academic Journal of Business & Management, 2022, 4(11); doi: 10.25236/AJBM.2022.041120.

Research on the Impact of Digital Finance Development on ESG Performance of Enterprises


Jingshuang Cui

Corresponding Author:
Jingshuang Cui

Anhui University of Finance and Economics, Bengbu City, Anhui Province, China


ESG performance is an important indicator to measure the level of sustainable development of enterprises. Digital finance, as a new financial service model, may be of great significance to ESG performance. Based on the data of China's A-share listed companies from 2011 to 2020, this artical empirically investigates the role of digital finance development on enterprise ESG performance. The study found that digital finance can improve the ESG performance of enterprises. After endogenous treatment and robustness test, the conclusion is still valid. The research in this artical enriches the influence scope and effect of digital finance development, and provides useful thinking for giving play to the practical value of ESG.


Digital finance; ESG performance; Endogenous test; robustness check

Cite This Paper

Jingshuang Cui. Research on the Impact of Digital Finance Development on ESG Performance of Enterprises. Academic Journal of Business & Management (2022) Vol. 4, Issue 11: 136-142. https://doi.org/10.25236/AJBM.2022.041120.


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