数据资产能促进企业可持续发展能力的提升吗OACHSSCD

The rapid development and widespread application of digital technology have provided essential prerequisites for the formation of data assets.Data assets,as a new factor of production,play a critical role in corporate sustainability.This study employs a sample of Chinese listed companies from 2010 to 2023,Using text analysis to construct data asset metrics,this study reveals the driving mechanisms of data assets for corporate sustainability through the lens of dynamic capability theory.Empirical findings demonstrate that data assets exert a significant positive effect on corporate sustainability capabilities,a conclusion that withstands robustness tests."Through enhancing human capital and strengthening innovation capabilities,data assets drive the advancement of corporate sustainable development capacities."Heterogeneity analysis reveals that the enhancement effect of corporate data assets on sustainability capabilities is more pronounced in non-state-owned enterprises,non-high-tech firms,and eastern regions-a pattern empirically validated across robustness checks.This study contributes to the literature by expanding research on both the economic implications of data assets and the determinants of corporate sustainability,providing theoretical and empirical foundations for relevant policy formulation.