Media Industry CSR and Green ESG: The Moderating Effect of Human-AI Digital Media Technology Innovation
Abstract
This study investigates the impact of corporate social responsibility (CSR) practices in the media industry on green environmental, social, and governance (ESG) performance, with a specific focus on the moderating role of human-AI digital media technology innovation. Using panel data from 2910 firm-year observations from Chinese listed companies between 2015 and 2022, we document a significant positive relationship between media industry CSR initiatives and green ESG performance. Furthermore, our findings reveal that human-AI digital media technology innovation strengthens this positive relationship, suggesting that technological advancement enhances the effectiveness of CSR activities in promoting environmental sustainability. The results remain robust across alternative specifications and methodologies. This study contributes to the growing literature on sustainability in the media sector and offers practical implications for firms and policymakers seeking to leverage technological innovation to advance green development goals.
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