The spillover effect of ESG performance in supply Chain networks: An empirical analysis from chinese listed companies

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-06-13 DOI:10.1016/j.frl.2025.107768

Hongduo Sun , Hongyun Shang

引用次数: 0

Abstract

This study analyzes how corporate ESG performance influences supply chain spillovers using 2013–2023 data from Chinese A-share listed companies. The results show that: The higher the ESG performance of a company, the better the ESG performance of its upstream suppliers and downstream customers; A company can improve its ESG performance by enhancing the green perceptions of executives in upstream and downstream companies in the supply chain and by alleviating the financing constraints of the upstream and downstream companies.

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供应链网络中ESG绩效的溢出效应——基于中国上市公司的实证分析

本文利用2013-2023年中国a股上市公司的数据，分析了企业ESG绩效对供应链溢出效应的影响。研究结果表明：企业ESG绩效越高，其上游供应商和下游客户的ESG绩效越好；企业可以通过提高供应链上下游企业高管的绿色意识，缓解上下游企业的融资约束，来提高企业的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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