Research on the Impact of Digital Finance on Corporate Social Responsibility Disclosure - An Intermediary Mechanism Based on Financing Constraints

DOI

10.2991/978-2-38476-475-4_114How to use a DOI?

Keywords

Digital finance; Social responsibility disclosure; Financing constraints

Abstract

The development of digital finance, by leveraging cutting-edge technologies, opens up diversified financing channels for enterprises, enhances the accessibility of enterprise financing, provides an economic foundation for enterprises to undertake social responsibilities, and makes it more likely for enterprises to disclose their social responsibilities. Based on the samples of Chinese listed companies from 2014 to 2023, we found that digital finance has a significant positive impact on social responsibility disclosure, and financing constraints play a mediating role in it. The conclusion of the robustness test still holds. The results of the heterogeneity test show that in state-owned enterprises and heavily polluting enterprises, digital finance has a more significant impact on the disclosure of corporate social responsibility. This article provides an useful theoretical basis and policy suggestions for optimizing the enterprise decision-making mechanism, government policy-making, etc.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Mengqing Jin
PY  - 2025
DA  - 2025/11/11
TI  - Research on the Impact of Digital Finance on Corporate Social Responsibility Disclosure - An Intermediary Mechanism Based on Financing Constraints
BT  - Proceedings of the 2025 10th International Conference on Modern Management, Education and Social Sciences (MMET 2025)
PB  - Atlantis Press
SP  - 1034
EP  - 1042
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-475-4_114
DO  - 10.2991/978-2-38476-475-4_114
ID  - Jin2025
ER  -