Jul 2026· International Review of Management and Marketing· Vol 16, pp. 296-307· 0 citations
TL;DR
Examination of ESG disclosure practices in Saudi companies and its impact on investor confidence shows that digital transformation significantly improves ESG disclosure quality through advanced reporting systems and data-driven technologies, and confirms that ESG disclosure quality fully mediates the relationship between digital transformation and investor confidence.
Abstract
This study examines the role of digital transformation in enhancing environmental, social, and governance (ESG) disclosure practices in Saudi companies and its impact on investor confidence, focusing on improvements in transparency, timeliness, and completeness. The study adopted a quantitative approach, collecting data from professionals in finance, accounting, sustainability, and information technology in Saudi listed companies. The data were analyzed using partial least squares structural equation modeling (PLS-SEM) to test the relationships among digital transformation, ESG disclosure quality, and investor confidence. The results show that digital transformation significantly improves ESG disclosure quality through advanced reporting systems and data-driven technologies. In turn, enhanced disclosure quality strengthens investor confidence by increasing credibility, trust, and investment willingness. The findings also confirm that ESG disclosure quality fully mediates the relationship between digital transformation and investor confidence. This study provides empirical evidence of the mediating role of ESG disclosure quality in linking digital transformation to investor confidence in an emerging market, offering insights for improving ESG reporting through digital technologies.
This study investigates how ESG disclosure, green investment, and board gender diversity influence corporate reputation within Indonesia's manufacturing industry. The research draws on secondary data sourced from the annual and sustainability reports of companies listed on the Indonesia Stock Exchange between 2018 and 2024. A sample of 68 companies yielding 476 total observations was analyzed using binary logistic regression with the Maximum Likelihood approach, processed through EViews 12.The findings reveal that ESG disclosure and board gender diversity both positively and significantly affect corporate reputation, indicating that greater ESG transparency and a more gender-inclusive boardroom improve how stakeholders perceive a company. Green Investment, however, showed no significant impact on reputation — a result that may stem from insufficient disclosure, delayed outcomes, and inconsistent practices among companies. The study concludes that to build a stronger corporate reputation, companies should prioritize improving the quality of their ESG disclosure and adopt more inclusive governance structures.
M. Razaq, Lela Nurlaela Wati· Jurnal Ragam Pengabdian· 0 citations
The degree of digital transformation at businesses and its relationship to the amount of ESG disclosure have recently come under investigation due to the economy's shift to a new model. This study empirically examines the impact of digital transformation on the quality of ESG information disclosure using Chinese listed businesses from 2015 to 2024 as the research sample. It is based on the theory of information asymmetry and resource allocation. The above results indicate that the level of ESG reporting in the new business model will be relatively high. Based on the above analysis, the attention of analysts is a partial mediator, and marketisation positively strengthens the link between digitalisation and the quality of ESG disclosure. This effect is more pronounced for state-owned businesses and high-polluting industrial locations, according to the study of heterogeneity. In addition to the previous studies on the economic effects of digitalisation. The above research provides references to support the promotion of high-quality development in both areas.
Xu Guo· Advances in Economics, Manag...· 0 citations
Developments in sustainability issues are prompting companies to integrate Environmental, Social, and Governance (ESG) aspects into their accounting and reporting practices as a means of enhancing transparency, accountability, and responsibility towards stakeholders. This study aims to analyse developments in ESG disclosure within corporate accounting and reporting practices using a Systematic Literature Review (SLR) approach. The study employs a qualitative method, examining academic articles sourced from the Google Scholar database. Literature selection was conducted in accordance with the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) guidelines, followed by content analysis and validation through source triangulation. Research findings indicate that ESG disclosure has driven a shift in accounting practices from a shareholder-centric to a stakeholder-centric approach, improved the quality of reporting through transparency, credibility and the relevance of information, and strengthened the confidence of investors and stakeholders. On the other hand, the implementation of ESG still faces challenges in the form of regulatory fragmentation, differences in reporting standards, limitations in human resource capabilities, and technological readiness. Therefore, regulatory harmonisation, the strengthening of ESG reporting standards, and the enhancement of human resource capacity and the utilisation of digital technology are required to support a more effective and sustainable implementation of ESG.
Marisa Christy Neno, Maria Regina Sofie Daneswari· Ilmu Ekonomi Manajemen dan A...· 0 citations
This study investigates the effect of digital transformation on firms’ environmental, social and governance (ESG) performance and examines how state ownership moderates this relationship. It aims to clarify whether digital capabilities enhance sustainability outcomes across different ownership structures in an emerging market context.
The analysis draws on a panel dataset of industrial manufacturing firms listed in Vietnam from 2018 to 2024. Digital transformation is measured using a text-based index derived from annual reports, constructed through keyword frequency analysis. ESG performance is proxied by ESG disclosure, quantified using the term frequency-inverse document frequency method. Panel regression models with interaction terms assess the moderating effect of state ownership, while subgroup analyses examine heterogeneity across ownership forms.
Digital transformation has a significant positive influence on ESG performance. However, this effect appears to be less pronounced for state-owned enterprises, suggesting that institutional and governance characteristics may attenuate firms’ ability to translate digital investments into sustainability outcomes.
The findings offer insights for policymakers and managers seeking to align digital strategies with sustainability objectives. Enhancing ESG reporting regulations, fostering digital–ESG integration and improving governance mechanisms in state-owned firms may amplify the sustainability benefits of digital transformation.
This study contributes to the literature by providing empirical evidence on the digital transformation–ESG nexus in a transition economy where state influence remains prominent. Methodologically, it introduces a scalable text-mining approach to measuring firm-level digitalization and ESG engagement using corporate disclosures.
Mai-Phuong Nguyen, Minh Thi Ngoc Trieu· Asian Review of Accounting· 0 citations
This study examines how digital transformation (DT) is associated with perceived Environmental, Social and Governance (ESG) outcomes through Accounting Information Quality (AIQ) among Vietnamese listed non-financial firms. Rather than treating the DT-ESG relationship as a solely operational link, the study tests whether AIQ serves as an informational capability through which digital systems improve the measurement, monitoring and disclosure of sustainability-related activities. Survey data were collected from 215 senior managers and analyzed using Partial Least Squares Structural Equation Modeling (PLS-SEM). The results show positive associations between DT, AIQ and perceived ESG outcomes, and AIQ partially mediates the DT-ESG relationship (variance accounted for, VAF = 44.8%). The strongest sub-path is from AIQ to governance, suggesting that reliable and timely information is especially relevant to oversight and accountability. The findings should be interpreted with caution because the study relies on cross-sectional, single-source perceptual data. The study contributes by specifying a modest but analytically distinct informational pathway linking digitalization, reporting quality and sustainability-oriented managerial outcomes in an emerging-market context.
T. Vu, Thang Van Pham· Discover Sustainability· 0 citations
As Environmental, Social, and Governance (ESG) practices become increasingly important in evaluating corporate sustainability, differences in disclosure approaches have led to significant variations in ESG reporting quality and comparability. This study examines the ESG disclosure quality of BYD and Tesla between 2022 and 2024. A unified evaluation framework covering content completeness, data continuity, and visualization effectiveness is developed to compare the two companies. The findings show that BYD follows a standards-oriented disclosure approach characterized by increasing alignment with international ESG frameworks and stronger institutionalization. In contrast, Tesla adopts a strategy-oriented approach that emphasizes product impact and technological innovation. The study concludes that companies should balance standardized disclosure with strategic communication to improve transparency and reporting quality.
Haorong Han· Advances in Economics, Manag...· 0 citations
