Science Research Management ›› 2025, Vol. 46 ›› Issue (11): 140-150.DOI: 10.19571/j.cnki.1000-2995.2025.11.014

• 5DDD299A-561 • Previous Articles     Next Articles

Impacts of ESG responsibility fulfillment on digital technology innovation from a legitimacy perspective

Sun Jiamin1, Zhou Qingjie1, Gao Jie2, Zhang Jilin3   

  1. 1. School of Economics, Beijing Technology and Business University, Beijing 100048, China; 
    2. School of Agricultural Economics and Rural Development, Renmin University of China, Beijing 100872, China;
    3. School of Computer Science and Mathematics, Fujian University of Technology, Fuzhou 350118, Fujian, China
  • Received:2025-03-13 Revised:2025-08-21 Accepted:2025-08-21 Online:2025-11-20 Published:2025-11-07

Abstract:    Driving digital technology innovation and fostering digital competitiveness are important issues for high-quality enterprise development. Grounded in the legitimacy theory, this study examined the relationship between ESG responsibility fulfillment and digital technology innovation in Chinese A-share listed companies from 2010 to 2023, as well as the mechanisms underlying this relationship. The findings indicated that (1) ESG performance has a statistically significant positive effect on digital technology innovation, and this conclusion holds under multiple robustness tests; (2) ESG performance upgrades internal resource allocation by increasing government subsidies, enhancing financing capacity, and improving human capital, thereby effectively driving digital technology innovation. External digital attention significantly strengthens the positive effect of ESG performance on digital technology innovation; (3) The positive impact of ESG performance on digital technology innovation is influenced by contextual heterogeneity, being more prominent in high-tech, heavily polluting, and safety-sensitive industries, in growth-stage enterprises, and in regions with more advanced digital infrastructure. This study has identified the legitimacy-based mechanism linking ESG performance and digital technology innovation, explored how ESG integrates with corporate digital strategies, and it will offer some theoretical and practical guidance for policymakers and enterprises seeking sustainable innovation.

Key words: ESG responsibility fulfillment, digital technology innovation, legitimacy, resource allocation upgrading, digital attention