Research on the Influence Mechanism of Digital Transformation and High-Quality Development of Equipment Manufacturing Industry in Sichuan Province: --Based on the Perspective of ESG Performance of Enterprises

Yi Pu

doi:10.63313/EBM.2020

Authors

Yi Pu School of Economics and Management, Southwest Petroleum University, Chengdu 610000, China Author

DOI:

https://doi.org/10.63313/EBM.2020

Keywords:

Equipment manufacturing, digital transformation, technological innovation, high-quality development, ESG

Abstract

In the new era of comprehensively building a modern socialist country, how to promote the high-quality development of enterprises is an important foundation for realizing high-quality economic development. As one of the six advantageous industries in Sichuan Province, the high-quality development of the equipment manufacturing industry is related to the level of high-quality development of the province. quality development of the equipment manufacturing industry is related to the level of high-quality development of the province and even the national economy. Therefore, this paper takes the research sample of A-share listed enterprises in equipment manufacturing industry in Sichuan province from 2014 to 2023, and explores the impact of this industry on the economy of the province. 2014 to 2023, and explores the impact relationship between digital transformation, technological innovation, and enterprise high-quality development from the perspective of enterprise ESG. The empirical findings show that (1) both digital transformation and technological innovation can significantly promote the high-quality development of enterprise ESG. The empirical findings show that (1) both digital transformation and technological innovation can significantly promote the high-quality development of equipment manufacturing enterprises, and technological innovation has a mediating role; (2) in the test of heterogeneity, the impact relationship between digital transformation, technological innovation, and enterprise high-quality development from the perspective of enterprise ESG. in the test of heterogeneity, the digital transformation of state-owned enterprises (SOEs) promotes the high-quality development of enterprises more than that of non-SOEs. This study enriches the theoretical research on digital transformation, technological innovation and high-quality development of enterprises, and it is also the first step towards the development of a new generation of state-owned enterprises (SOEs). This study enriches the theoretical research on digital transformation, technological innovation and high-quality development of enterprises, and it is also of reference significance to the formulation of relevant policies for optimizing resource allocation, building new competitive advantages and promoting high-quality development of enterprises. This study enriches the theoretical research on digital transformation, technological innovation and high-quality development of enterprises, and it is also of reference significance to the formulation of relevant policies for optimizing resource allocation, building new competitive advantages and promoting high-quality development of the equipment manufacturing industry in Sichuan Province.

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