Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)

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The Impact of Digital Economy on Corporate Social Responsibility

Authors
Xiaoli Ge1, *
1School of Accounting, Zhejiang University of Finance and Economics, Hangzhou, 310000, China
*Corresponding author. Email: 15925884857@163.com
Corresponding Author
Xiaoli Ge
Available Online 21 June 2024.
DOI
10.2991/978-94-6463-441-9_40How to use a DOI?
Keywords
Digital economy; Corporate social responsibility; Return on assets; Loan cost
Abstract

The continuous development of digitalization has brought about changes in the digital economy while corporate social responsibility has also received public attention. This paper explores the effect of corporate social responsibility in different regions of digital economy development by focusing on the samples of A-share listed companies for the period from 2010 to 2021. The results indicate that corporate social responsibility is beneficial to return on assets and loan costs that lag by one year, and the return on assets has time benefits. In cities with a faster digital economy, corporate social responsibility can significantly increase the return on assets in the next period, but it has no significant impact on the cost of the next loan. Moreover, non-state-owned corporation increase the rate of return on assets dramatically more than state-owned enterprises. This paper explores the impact of corporate social responsibility from the perspective of digital economy and provides enlightenment for promoting social development and economic transformation and upgrading.

Copyright
© 2024 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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Volume Title
Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
21 June 2024
ISBN
10.2991/978-94-6463-441-9_40
ISSN
2352-5428
DOI
10.2991/978-94-6463-441-9_40How to use a DOI?
Copyright
© 2024 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.

Cite this article

risenwbib
TY  - CONF
AU  - Xiaoli Ge
PY  - 2024
DA  - 2024/06/21
TI  - The Impact of Digital Economy on Corporate Social Responsibility
BT  - Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
PB  - Atlantis Press
SP  - 453
EP  - 465
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-441-9_40
DO  - 10.2991/978-94-6463-441-9_40
ID  - Ge2024
ER  -