The paper professor, Head of the School of Finance Irina Ivashkovskaya and Doctoral Student School of Finance Yanfei Wu is accepted for presentation on the European Financial Management Association 2025 Annual Meetings

European Financial Management Association 2025 Annual Meetings will be held in Greece, June 25- 28, 2025.

The research by Professor Irina Ivashkovskaya and Doctoral Student Yanfei Wu «Synergistic Effects of Digital Transformation and ESG Practices on New Quality Productivity in Chinese Enterprises» analyzes a dataset of 4,376 Chinese listed companies (2013-2022) to investigate how digital transformation and Environmental, Social, and Governance (ESG) performance influence new quality productivity. The findings indicate that digital transformation, ESG performance, and their synergy significantly enhance new quality productivity. Our findings hold after robustness checks and addressing endogeneity. This effect varies by ownership structure and public attention, and the synergies are significant only among non-state-owned enterprises (non-SOEs) and companies with high public attention. As one of the first empirical investigations into new quality productivity, this research offers valuable support for fostering high-quality enterprise development.