In recent years, environmental, social, and governance factors (ESG) have played an increasingly significant role in the practice of corporate development of widespread concern. For corporate ESG, it is still necessary to consider the factors that in...
This study examines the relationship between environmental, social, and governance (ESG) factors and corporate financial performance. Specifically, we study various individual ESG categories, both ESG strengths and concerns, and aggregate ESG factor...
The ESG performance of enterprises is becoming an essential form of support for investors’ investment decisions and a critical aspect to follow to achieve sustainable development of enterprises. This study uses A-share listed companies in China...
Whether and how digital finance can promote corporate environmental, social, and governance (ESG) development has become an important issue. Based on panel data from listed companies in the Shanghai and Shenzhen stock markets from 2011 to 2017, this...
Nowadays, with the continuous development of corporate ESG ratings, greenwashing has occurred continuously. In order to clarify the influence of the environmental protection tax (EPT) on corporate ESG greenwashing, this paper employs the implementati...
China’s environmental, social, and governance (ESG) actions are driven by multiple factors, among which the government is an indispensable key player. This paper empirically examines the impact of government environmental information regulation...
The main objective of this paper is to examine the impact of ESG management on corporate performance by focusing on board characteristics. To this end, this study uses financial data and empirical panel data of Fortune 300 firms from 2008 to 2021 and...
In the context of the growing prominence of socially responsible investment, the debate over whether sustainable corporate practices translate into sustained shareholder value has intensified. As a key tool for aligning their investment portfolios wi...
This research article examines the relationship between women’s empowerment and corporate ESG disclosure variables by analyzing 10,121 publicly traded companies listed worldwide with historical ESG data available in Bloomberg from 2016 to 2020....
Agriculture and forestry are fundamental industries. With the development of the ESG concept, stakeholders are increasingly concerned about the relationship between ESG and agricultural and forestry corporate performance. This paper examines 156 list...
Using Chinese A-share listed companies from 2011 to 2020 as a research sample, this paper examines the relationship between negative media coverage and corporate ESG performance using a two-way fixed-effects model. It is found that, first, negative m...
In recent years, the demand for social responsibility arising from sustainable development has led to the gradual formation of a global consensus on the concept of environmental, social and governance (ESG), which has a wide impact on corporate opera...
This study adopts an integrated approach to analyze the environmental, social, and governance (ESG) dimensions and their relationship with corporate value in terms of two separate hypotheses: financial performance and market value. While previous stu...
Digital finance (DF), powered by technology and efficient information flow, breaks traditional temporal and geographical constraints, affecting the sustainable development of enterprises in both local and neighbouring regions. Environmental, social,...
Given the increasing prevalence of global warming and the frequent occurrence of extreme weather events and other challenges, countries are increasingly recognizing the importance of green and sustainable development. This paper uses the multi-period...
Against the backdrop of global sustainable development goals, the resilience of manufacturing enterprises has become a critical topic. It serves as an important benchmark for assessing ability to coordinate environmental responsibilities and economic...
Amid growing global concerns regarding sustainable governance, understanding the drivers of ESG disclosure is vital for promoting transparency and responsible corporate behavior. This study examines the peer effects of ESG disclosure among 32,187 obs...
Within the environmental, social, and governance (ESG) disclosure–corporate sustainability performance (economic, environmental and social; EES) framework, our empirical analysis examined the impact of ESG information disclosure on EES sustaina...
The market imperfection hypothesis posits that market frictions undermine economic efficiency and amplify economic fluctuations. As an emerging corporate evaluation framework and behavioral norm, ESG (environmental, social, and governance) performanc...
Amid the push for sustainable and high-quality development, corporate environmental, social, and governance (ESG) performance has garnered increasing attention from stakeholders. This empirical study uses a 2009–2022 panel of 1264 A-share-liste...
With the exponential development of an ecological and sustainable economy and society, the concept and practice of environmental, social, and governance (ESG) investments are being popularized in the capital market of China. ESG disclosure is an impo...
One of the main controversial aspects of sustainability metrics relies on the accuracy, transparency, and reliability of the information at the basis of environmental, social and governance (ESG) scores. This paper investigates whether firms that hav...
In the context of the ongoing deepening of the “dual carbon” strategy and concepts of sustainable development, corporate environmental, social, and governance (ESG) performance has increasingly garnered the attention of various investment...
As the social and environmental roles of companies have been emphasized by various stakeholders, the concepts of CSR (corporate social responsibility), ESG (environmental, social, governance), and corporate citizenship have received a great deal of a...
Environmental, social, and governance (ESG) reporting is a vital force behind the advancement of sustainable corporate practices and goes beyond simple compliance. In order to better understand the elements influencing this process, this study looks...
Global climate change has emerged as a persistent global crisis. Under the dual pressures of industrial structure upgrading and ecological environment improvement, enhancing enterprise ESG (Environmental, Social, and Governance) performance can contr...
As the role of human capital in enhancing corporate value becomes increasingly prominent in the new economic era, employee satisfaction has garnered widespread attention in organizational behavior theory and business practices. However, constrained b...
In the context of deepening government green procurement policies and accelerated corporate ESG, government procurement serves as a critical instrument with both demand-pull and policy-guidance functions, significantly driving corporate ESG performan...
This paper takes the implementation of the River Chief System (RCS) as a case study representing government-led environmental governance policies. Based on the sample of 11,654 observations of Chinese A-share-listed companies spanning the years 2009...
Against the backdrop of economic transformation and sustainable development, this paper utilizes listed companies from the Shanghai and Shenzhen A-share markets from 2009 to 2021 as research samples, measures corporate leverage manipulation levels us...
As China transitions from high-speed to high-quality economic development, the concept of sustainable development, particularly environmental, social, and governance (ESG), has emerged as a crucial consideration in corporate decision-making. This stu...
With the development of digital technology, tasks such as carbon neutrality have emerged as global issues because of the climate crisis. Digital transformation (DT) and environmental, social, and corporate governance (ESG) management have already bec...
ESG ratings are closely linked to corporate resource allocation and overarching macroeconomic constituents. Nevertheless, there is a noticeable lack in the literature investigating the interconnected relationship between the growth of local governmen...
Using 2010–2021 listed A-share companies as the research sample, we explore the influence of corporate ESG performance on sustainable development performance and the mechanism by which this influence occurs. The results indicate that ESG perfor...
In this study, we analyze data from Chinese-listed firms, spanning the period 2011–2021, to address the question of whether analyst coverage reduces environmental, social, and governance (ESG) greenwashing. The results indicated that analysts a...
With changing times as countries pursue sustainable development, traditional profit-driven strategic decisions are no longer sustainable. A well-planned financial investment may improve a business’s capital flow efficiency, but when short-term...
This study examines the transformative potential of the Belt and Road Initiative (BRI) in enhancing the environmental, social, and governance (ESG) performance of Chinese companies, carrying significant implications for global sustainable development...
The effectiveness of environmental, social, and corporate governance (ESG) performance has been widely discussed and is often linked to corporate financial performance or firm value by academics and practitioners. However, a significant research gap...
There is an evolving trend of pursuing the transfer to sustainable development. Owing to this trend, and alongside the increasing monitoring by society, companies are progressively considering this new position in the capital market. Corporate govern...
ESG serves as a key metric for measuring corporate sustainability, but divergence among rating agencies has led to uncertainty in such an assessment. This investigation identifies ESG rating divergence as a critical catalyst for corporate digital tra...
Under the pressure of global low-carbon transformation, the sustainable development initiative of the United Nations has gradually become an essential orientation of corporate Environmental, Social, and Governance (ESG) performance. Based on the inte...
Foreign direct investment (FDI) has become an important factor influencing corporate operational strategies, yet the impact of its inclusiveness on corporate environmental, social, and governance (ESG) performance remains unclear. In this study, the...
This study investigates the impact of financial performance and corporate governance mechanisms on environmental, social, and governance (ESG) disclosure in Saudi Arabia, a country undergoing significant institutional transformation under Saudi Visio...
Green innovation serves as both a catalyst for businesses to pursue sustainable development and a crucial step in achieving green circular economic development. Green innovation is the practice of organizations considering environmental, social, and...
24 December 2025
Investors use information about companies’ social and environmental performance to make investment decisions, a strategy known as Environmental, Social, and Governance (ESG) investment analysis. ESG screening may offer a mechanism to incentiviz...
This study investigates whether and how corporate commitment to environmental, social and governance (ESG) performance can mitigate involutionary competition in China’s consumer electronics manufacturing industry. By constructing a quantifiable...
In the context of pursuing green and low-carbon transformation, exploring how to improve regional energy efficiency in China is significant. This paper takes the Chinese A-share listed companies in Shanghai and Shenzhen from 2009 to 2023 as the resea...
Solid waste governance actions are important to achieve sustainable urban development. This study uses the “zero-waste city” pilot policy as a natural experiment to evaluate the impact of solid waste governance actions on corporate enviro...
This paper investigates the impact of big data on firms’ environmental, social, and governance (ESG) performance. We provide quasi-experimental estimates using a unique quasi-natural experiment: the national policy of introducing Big Data Pilot...
This study examines the effect of financial mismatch on corporate ESG performance in the context of China’s developmental strategy and its dual-carbon goals. Using panel data for Chinese A-share firms spanning 2009–2023 and employing fixe...
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