Consumption center construction and enterprise ESG performance: Evidence from China

IF 6.9 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2024-11-24 DOI:10.1016/j.frl.2024.106513

Yongbo Sun, Fengqin Wang

引用次数: 0

Abstract

Our study empirically analyzes the impact of consumption center city construction on enterprise Environmental, Social, and Governance (ESG) performance in China. The findings suggest that such construction positively influences enterprise ESG performance, a relationship that remains robust after addressing the potential endogeneity issues. We also find that consumption center city construction enhances enterprise ESG performance by optimizing the urban environment and easing financing constraints.

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消费中心建设与企业ESG绩效：来自中国的证据

本文实证分析了消费中心城市建设对中国企业ESG绩效的影响。研究结果表明，这种结构对企业ESG绩效有积极影响，在解决潜在的内生性问题后，这种关系仍然稳固。我们还发现，消费中心城市建设通过优化城市环境和缓解融资约束来提升企业ESG绩效。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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