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The Impact of Corporate Digital Transformation on Sustainable Development in China
Open accessAbstract
This study examines the relationship between corporate digital transformation (CDT) and environmental, social, and governance (ESG) performance. Based on resource‐based theory, the findings indicate that CDT contributes to ESG performance through six channels: energy saving, discouragement of greenwashing behavior, improvement of technological innovation and social responsibility, alleviation of information asymmetry, and enhancement of risk management. This relationship was more significant under fierce market competition without cyberattacks. This study enriches the literature on the economic impacts of CDT from the perspective of sustainable development and expands the literature on the factors influencing sustainable performance from the perspective of digital technology. It directs the government to advance digital technology, foster a competitive market environment, and enhance cybersecurity, while also serving as a crucial reference for society in driving the reform of CDT, ensuring the sustainable development of the economy and promoting high‐quality and sustainable CDT in developing countries, including China.
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“However, they do not sufficiently explore how human resource sustainability factors are included in this equation.”
From Evaluation of the Sustainability of Organizational Welfare and Human Resources to Improving Long-Term Performance (2025) · cites this paper as Chen et al. (2024)
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“DT has been shown to enhance environmental, social, and governance (ESG) performance through energy efficiency and improved risk management (Chen et al., 2024).”
From Evaluation of the Sustainability of Organizational Welfare and Human Resources to Improving Long-Term Performance (2025) · cites this paper as Chen et al., 2024
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“Organizational welfare contributes to financial performance by lowering turnover rates and strengthening employer-employee relationships (Chen et al., 2024).”
From Evaluation of the Sustainability of Organizational Welfare and Human Resources to Improving Long-Term Performance (2025) · cites this paper as Chen et al., 2024
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Cites
Chen, Y.-S., & Chang, C.-H. (2013) · Journal of Business Ethics · doi:10.1007/s10551-012-1360-0 · Cited by 1,281
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Cited by
Sorted by citations
R.A, R. A., Hardy, H., Asrul, A., Maslim, M., & Megawaty, M. (2025) · PARADOKS Jurnal Ilmu Ekonomi · doi:10.57178/paradoks.v8i2.1157 · Cited by 3
“Organizational welfare contributes to financial performance by lowering turnover rates and strengthening employer-employee relationships (Chen et al., 2024).”
Metadata
- Authors
- Chen, W., Ren, H., & Shu, Y.
- Affiliations
- Shanghai University (CN)
- University of Technology Sydney (AU)
- Corresponding author
- Chen, Wanyi
- ORCID
- Venue
- Business Strategy and the Environment
- Publisher
- Wiley
- Published
- 2025-01-02
- Volume
- 34
- Issue
- 3
- Pages
- 2721-2747
- ISSN
- 0964-4733 (ISSN-L)
- 1099-0836
- OpenAlex
- W4405986553
- Cited by
- 36
- References
- 1
- Citations by year
- 2026: 18 · 2025: 18
- FWCI
- 30.78
- Type
- journal article
- Language
- en
- Open access
- bronze
- doi.org
- Locations
- Business Strategy and the Environment (publishedVersion)
- Funders
- National Natural Science Foundation of China (72102139)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Digital Economy and Transformation
- Social Sciences › Business, Management and Accounting › Management of Technology and Innovation › Sustainability and Innovation in Business
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Social Responsibility Reporting
- Keywords
- enterprise digital transformation, ESG performance, sustainable development, resource-based view, greenwashing, energy conservation, technological innovation, corporate social responsibility, information asymmetry, risk management, market competition, cybersecurity, China
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