Digital Transformation and Enterprise ESG Performance: From the Perspective of Production Safety Accidents

Abstract

Abstract: Preventing and controlling workplace safety accidents to ensure occupational safety of workers is an important aspect of corporate ESG performance. From the perspective of enterprise safety accidents, this paper explores the impact of enterprise digital transformation on enterprise workplace safety accidents by making use of the data of the listed companies from 2007 to 2021. The study finds that digital transformation can significantly inhibit the occurrence of workplace safety accidents. The mechanism test reveals that enterprise digital transformation can improve the internal governance quality and the intelligent production management level of enterprises, thus preventing and curbing workplace safety accidents. The heterogeneity analysis reveals that the inhibitory effect of digital transformation on the safety accidents is more significant in enterprises with sufficient funds for digital transformation and stronger focus on practicing ESG. The dimensional analysis reveals that digital transformation of enterprises can not only significantly reduce the frequency of workplace safety accidents, but also significantly reduce property and personnel losses caused by safety accidents. To this end, it is necessary to encourage and guide enterprises to actively engage in digital transformation, and promote the application of the results of enterprise digital transformation.

Key words: digital transformation, safety accidents, internal governance, intelligent production, enterprise ESG performance

CLC Number:

F272.2

CHEN Wei-zhong, MA Yong-qiang, YANG Dan. Digital Transformation and Enterprise ESG Performance: From the Perspective of Production Safety Accidents[J]. Contemporary Finance & Economics, 2024, 0(8): 140-152.

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