Abstract: New quality productivity, as an advanced form of productivity, is the key to promoting high-quality economic development. Scholars have studied the influencing factors of new quality productivity, but there are few studies exploring its impact on new quality productivity from the perspective of data asset information disclosure. Based on this, the article takes A-share companies in Shanghai and Shenzhen from 2015 to 2022 as samples to explore whether data asset information disclosure can empower new quality productivity. Research has shown that disclosure of data asset information significantly promotes new quality productivity. Mechanism analysis found that data asset information disclosure empowers new quality productivity by increasing information transparency and analyst attention. Heterogeneity analysis found that in private enterprises, companies with good readability of annual report text information, executives with overseas backgrounds, high internet penetration rates, strong technological attributes, and samples from eastern regions, data asset information disclosure has a more significant effect on improving new quality productivity.

Key words: disclosure of data asset information, new quality productivity, information transparency, analyst attention