Rethinking corporate governance in the digital economy: The role of stewardship

Sama, Linda M.; Stefanidis, Abraham; Casselman, R. Mitch

doi:10.1016/j.bushor.2021.08.001

Cited by 47 publications

(24 citation statements)

References 46 publications

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“…Corporate executives may be concerned about the leakage of personal information, which leads to less efficient management. Also, it takes time for corporates to apply digital technologies to corporate management, therefore corporate digitization may negatively impact corporate governance in the short term (Grove et al, 2018;Sama et al, 2022).…”

Section: Corporate Governance Effectmentioning

confidence: 99%

Corporate digitalization, application modes, and green growth: Evidence from the innovation of Chinese listed companies

Jiang

You

2023

Front. Environ. Sci.

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Digitalization is one of the main ways for enterprise growth in the digital economy era. However, the existing literature on digital technology application models and their impact on corporate green growth is rare. By using the green innovation data of Chinese A-share listed companies from 2008 to 2020, this paper empirically investigates the association between enterprise digitalization and green innovation. The empirical results show that digitalization has significantly improved enterprises’ substantive green innovation level, which is valid after conducting a series of endogenous and robustness tests. Further results show that digital technology application, intelligent manufacturing application, and modern information system application are the three main models of digitalization to promote green innovation of enterprises, while internet business model application cannot significantly promote corporate green innovation. In addition, the mechanism analysis results indicate that the increase in government subsidy and corporate own R&D investment contribute to the incentive effect mentioned above, while the loss of governance efficiency and fluctuation of the external environment offset this effect. This incentive effect is more obvious in non-state-owned, high-tech, and lower-polluted industry enterprises. Our paper reveals the mode and mechanisms for enterprises to realize innovative green growth by applying digital technology in the digital economy era, which is of great significance to relevant theoretical research and policy formulation.

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Section: Corporate Governance Effectmentioning

confidence: 99%

Corporate digitalization, application modes, and green growth: Evidence from the innovation of Chinese listed companies

Jiang

You

2023

Front. Environ. Sci.

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“…Subsequently, many countries accelerated the formulation of development strategies for the digital economy and actively promoted the development of a digital economy based on information networks and data resources (Sorescu and Schreier, 2021). With the emergence of the new generation of digital technologies, the digital economy not only accelerates the upgrading of the traditional industrial structure but also accelerates the process of digital governance (Sama et al, 2022). Compared with the rapid development of the digital economy, the research on how to measure the development level of the digital economy lags behind.…”

Section: Literature Reviewmentioning

confidence: 99%

The impact of the digital economy on carbon emission intensity: Evidence from China

Xiao-chun

Jiang²,

Zhao³

2023

Front. Environ. Sci.

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Evaluating the impact of the digital economy on carbon emission intensity has great significance in promoting sustainable development. Based on the panel data of 30 provinces in China from 2013 to 2019, the level of the digital economy is estimated by using entropy weight and the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS) model. The panel vector auto-regressive (PVAR) model is used to analyze the impact of the digital economy on carbon emission intensity. The results show that, first, the comprehensive development level of the digital economy in China is not high, and it tends to rise slowly from 0.208 in 2013 to 0.221 in 2019. Second, the carbon emission intensity of China shows a downward trend from 0.720 in 2013 to 0.607 in 2019. There are significant differences in carbon emission intensity among different regions, and a decreasing trend is seen from the western region to the eastern region. Third, there is a long-term equilibrium relationship between the digital economy and carbon emission intensity. Fourth, the digital economy has a long-term negative effect on carbon emission intensity, but carbon emission intensity has no negative effect on the digital economy. According to the research conclusion, this study puts forward some suggestions.

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“…It is clear from the case studies that both Hastings (in the case of Netflix) as well as Bukele (in the case of El Salvador) have not given mission to evangelize with their ideas enough weight. As such, it is a latent variable that should be considered both before as well as during and after the implementation process (Doukidis, Spinellis, & Ebert, 2020; Maan, 2012; Mansoor & Paul, 2022; Nir, 2018; Rogers, 2016; Sama, Stefanidis, & Casselman, 2022; Tardieu, Daly, Esteban-Lauzán, Hall, & Miller, 2020).…”

Section: Effectuation: Managing Digital Change In a World Of Uncertaintymentioning

confidence: 99%

The centrality of a digital strategy for societal and business innovations

Walter

2022

DTS

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PurposeThe purpose of the present paper is to show that a clearly delineated digital strategy and an agile mindset is key for the successful adoption of digital innovation in society and business.Design/methodology/approachThis is a case study and critical discussion.FindingsIt was seen that both the business case (Netflix) and the societal case on the level of a country (El Salvador) lack a digital strategy, which initiated the innovation problems. However, Netflix proved to have an agile reactivity, which helped them to get back on track, which was not the case for El Salvador.Originality/valueThis discussion is relevant because the domain of “society” and the domain of “business” are often discussed as separated worlds. However, this paper intends to show that there are some logical dynamics underlying digital transformation in the case of digital innovation that apply to both of these domains.

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Rethinking corporate governance in the digital economy: The role of stewardship

Cited by 47 publications

References 46 publications

Corporate digitalization, application modes, and green growth: Evidence from the innovation of Chinese listed companies

Corporate digitalization, application modes, and green growth: Evidence from the innovation of Chinese listed companies

The impact of the digital economy on carbon emission intensity: Evidence from China

The centrality of a digital strategy for societal and business innovations

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