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How entrepreneurship drives ESG performance: The roles of data assetization and financing constraints

  • An Chao Wang*
  • , Abdul Saqib
  • *Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

18 Scopus citations

Abstract

This study investigates the impact of entrepreneurship on corporate ESG performance, emphasizing the roles of financing constraints and data assetization. Using panel data from Chinese listed firms (2010–2022) and addressing endogeneity using multiple estimation techniques, we find that entrepreneurship enhances ESG performance by alleviating financing constraints, enabling sustainable investments. Data assetization further strengthens this relationship by optimizing resource utilization and fostering innovation. This paper highlights the pivotal role of entrepreneurship and, based on the resource-based view, provides a novel analysis to inform the future advancement of corporate ESG initiatives.

Original languageEnglish
Article number107630
JournalFinance Research Letters
Volume82
DOIs
StatePublished - Sep 2025

Bibliographical note

Publisher Copyright:
© 2025 Elsevier Inc.

Keywords

  • Data assetization
  • Entrepreneurship
  • ESG
  • Financing constraints
  • Sustainable development

ASJC Scopus subject areas

  • Finance

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