New Sustainable Development Study Findings Have Been Reported by Investigators at Renmin University of China (Directors’ and Officers’ Liability Insurance, Cybersecurity Governance, and Sustainable Development Capability of Listed Companies): Sustainability Research – Sustainable Development

2025 NOV 27 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- Current study results on Sustainability Research - Sustainable Development have been published. According to news reporting originating in Beijing, People’s Republic of China, by NewsRx journalists, research stated, “Focusing on Chinese non-financial listed companies, this paper systematically examines the interrelationships among directors and officers liability insurance (D&O insurance), cybersecurity governance, and corporate sustainable development capability. The findings indicate that both D&O insurance and cybersecurity governance significantly enhance the sustainable development capability of listed companies.”

The news reporters obtained a quote from the research from the Renmin University of China, “Moreover, a notable interaction effect exists between insurance and cybersecurity governance, where their synergistic impact further strengthens corporate sustainable development capability. Heterogeneity analysis reveals significant differences in the influence of D&O insurance and cybersecurity governance on sustainable development capability across companies with varying levels of board independence. Additionally, mediation effect analysis confirms that digital transformation plays a critical intermediary role in the pathways through which D&O insurance and cybersecurity governance respectively affect corporate sustainable development capability.”

According to the news reporters, the research concluded: “This study enriches the cross-sectional research on corporate governance and risk management by constructing a ‘D&O insurance-digital transformation-sustainability’ conduction chain, providing an empirical evidence for building a China-specific digital governance systems and corporate resilience.”

This research has been peer-reviewed.

For more information on this research see: Directors’ and Officers’ Liability Insurance, Cybersecurity Governance, and Sustainable Development Capability of Listed Companies. Finance Research Letters, 2025;86. Finance Research Letters can be contacted at: Academic Press Inc Elsevier Science, 525 B St, Ste 1900, San Diego, CA 92101-4495, USA. (Elsevier - www.elsevier.com; Finance Research Letters - http://www.journals.elsevier.com/finance-research-letters/)

Our news correspondents report that additional information may be obtained by contacting Yongqian Tu, Renmin University of China, Sch Lab & Human Resources, Beijing 100872, People’s Republic of China. Additional authors for this research include Yaxin Hu and Silin Chen.

The direct object identifier (DOI) for that additional information is: https://doi.org/10.1016/j.frl.2025.108541. This DOI is a link to an online electronic document that is either free or for purchase, and can be your direct source for a journal article and its citation.

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