s that engage in green innovation, and encourage inn
ovation. More resource support should be given to en
terprises with voluntary ESG information disclosure
to fully enhance their willingness to participate in en
vironmental governance and promote sustainable dev
elopment. Businesses should focus on ESG-related e
ndeavors and provide more funds to enhance ESG tr
ansparency. To achieve sustainable development in i
ts truest sense, the integration of ESG principles into
the daily production and operational activities of bus
inesses is essential, as it addresses the increasing de
mands of stringent environmental regulations. Gover
nments are called upon to enact policies and to under
take studies that resonate with the practical applicati
on of ESG principles within their respective enterpri
ses. To enhance the understanding of enterprise man
agers regarding the current operational and developm
ental status of their firms, future scholarly endeavors
could amalgamate financial performance, innovatio
n performance, and enterprise value into a comprehe
nsive study. This study would aim to explore the mul
tifaceted impact of digital transformation and ESG p
erformance on enterprise outcomes, as well as to fore
cast the future trajectory of business development. S
uch research endeavors would be instrumental in aidi
ng enterprises in their pursuit of sustainable growth a
nd development.
4 CONCLUSIONS AND
OUTLOOK
In conclusion, it is the influence of ESG performance
on the financial, innovative, and value-related aspec
ts of corporations, along with the consequences of E
SG ratings and the disclosure of ESG information on
business performance, that constitutes the principal f
ocus of scholarly research both within national boun
daries and on a global scale. This domain of study ha
s captured the attention of academics across the worl
d, who are dedicated to examining how ESG metrics
and the transparency thereof impact various dimensi
ons of corporate success and worth. Among these, bu
sinesses that do well in ESG have better financial, in
novative, and enterprise value results; companies wit
h sound ESG rating system have good social reputati
on; companies with more ESG information disclosur
e have higher information transparency and can attra
ct more investors. Issues like knowledge asymmetry
and financing challenges in the corporate market are
likely to result from an inadequate corporate ESG gr
ading system and uneven ESG information disclosur
e rules. Companies with strong corporate governance
, social responsibility, and environmental protection
also do well overall, and the active implementation o
f ESG governance supports long-term company succ
ess. This study identified important gaps in the literat
ure by analyzing the results of other studies on the co
nnection between listed corporations' corporate succ
ess and ESG performance. The data adopted in the e
mpirical analysis of the cited literature are mostly ba
sed on a single industry as the case study object, whi
ch is somewhat one-sided, and the conclusions of the
research can not represent the enterprises in other fie
lds The development of the practice and disclosure o
f the fulfilment of ESG responsibility is a long term
process, and the data used in the cited literature are l
ess than ten years, which is a short time span. The da
ta used in the empirical analysis of the cited literatur
e is less than ten years, and the time span is short, wh
ich fails to form more convincing long-term research
results, so the analysis conclusions and the actual sit
uation also have limitations, and the research on the
case study enterprises also needs more long-term obs
ervation and research. Existing research on corporate
performance focuses on a single ESG performance,
but should be combined with multi-dimensional thin
king from the perspectives of digital transformation,
artificial intelligence revolution and carbon risk, with
the goal to bring the research's findings more into li
ne with the present climate and to encourage the crea
tion of superior ESG in order to accomplish the susta
inable growth of businesses.
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