Correlations Between Digital Intelligence Transformation,ESG Performance and Financial Sustainability of Construction Enterprises:An Empirical Analysis Based on A-Share Listed Construction Companies
DUAN Zongzhi
DING Haifeng
Abstract：As digital intelligence develops,construction companies are facing the challenge of transforming and upgrading.To reasonably assess the impact of digital intelligence levels on the financial performance of construction companies,this study has developed a digital intelligence evaluation model based on a text analysis of annual reports from listed companies.An empirical study is also conducted on the transmission path between digital intelligence levels,environmental,social and governance(ESG)performance,and financial performance.The sample comprises panel data from 74 listed construction companies from 2018 to 2023.The results show that there is a positive relationship between digital intelligence levels and financial performance,meaning that improving digital intelligence can promote improvement in corporate financial performance.At the same time,ESG performance partially mediates the relationship between digital intelligence levels and financial performance.Based on these findings,recommendations are made to promote the development of digital intelligence comprehensively,prioritize ESG performance,and pursue coordinated development tailored to local conditions.
Keywords：listed construction companiesdigital intelligence levelESG performancefinancial performance
Publication Date：2025-12-30
Online Publishing Date：2026-01-17(First online date of this platform, not the publication date of the document)
Pages：9( 1-9 )