动态能力、绿色创新与企业ESG表现：基于上市公司数据的实证研究

Dynamic capability, Green Innovation and ESG Performance: An empirical research based on the data of listed companies

摘要:

随着国家有关政策的颁布,ESG表现已成为企业可持续管理的重要方面。为了探究企业自身提高ESG表现的因素,本文基于利益相关者和动态能力理论视角,研究动态能力与企业ESG表现之间的关系,绿色创新的作用以及环境因素的影响。基于2009-2022年A股上市公司数据,研究表明动态能力可以促进企业ESG表现,绿色创新在上述关系中起部分中介作用,竞争强度和环境动态性的调节效应检验则均不通过。本文在一定程度上补充了ESG领域的研究,并为提升中国企业的ESG表现提供了一定的决策参考。

Abstract:

With the promulgation of relevant national policies, ESG performance has become an important aspect of corporate sustainable management. In order to explore the factors that improve ESG performance of enterprises themselves, this paper investigates the relationship between dynamic capabilities and enterprises" ESG performance, the role of green innovation and the influence of environmental factors based on the stakeholder and dynamic capabilities theoretical perspectives. Based on the data of A-share listed companies from 2009 to 2022, the study shows that dynamic capabilities can promote corporate ESG performance, green innovation plays a partially mediating role in the above relationship, while the tests of the moderating effects of competitive intensity and environmental dynamics both fail. This paper complements the research in the field of ESG to a certain extent and provides some decision-making references for enhancing the ESG performance of Chinese companies.