Green investments and their impact on ESG ratings: An evidence from China

被引:17
|
作者
Cao, Mingyao [1 ,2 ]
Duan, Keyi [1 ,3 ]
Ibrahim, Haslindar [1 ]
机构
[1] Univ Sains Malaysia, Sch Management, USM Penang, George Town 11800, Malaysia
[2] Natl Univ Singapore, Lee Kuan Yew Sch Publ Policy, Singapore 259772, Singapore
[3] Univ North Carolina Chapel Hill, Dept City & Reg Planning, Chapel Hill, NC 27514 USA
关键词
Environmental; social; and governance Green investment Linear mixed-effects model ESG rating;
D O I
10.1016/j.econlet.2023.111365
中图分类号
F [经济];
学科分类号
02 ;
摘要
Green investments and ESG performance have emerged as pivotal catalysts propelling corporations towards markedly more sustainable operations. The present study undertakes an empirical exploration into the nexus between green investments and corporate ESG performance. The study utilizes Linear mixed effect models to unearth a significant positive correlation, predominantly driven by the Environmental and Social aspects of ESG ratings.
引用
收藏
页数:5
相关论文
共 50 条
  • [1] Do green investments really make companies "green"? Empirical evidence from corporate ESG ratings
    Zhang, Ming
    Zhang, Xueli
    Song, Yan
    ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2025,
  • [2] Can ESG Ratings Stimulate Corporate Green Innovation? Evidence from China
    Liu, Heying
    Lyu, Chan
    SUSTAINABILITY, 2022, 14 (19)
  • [3] The effect of ESG ratings on corporate green innovation strategies: evidence from China
    Yang, Peng
    Sun, Weizeng
    Dai, Yaqing
    JOURNAL OF THE ASIA PACIFIC ECONOMY, 2024,
  • [4] ESG ratings and corporate competitive strategy: evidence from China
    Teng, Mingming
    Tan, Weijie
    APPLIED ECONOMICS LETTERS, 2024,
  • [5] Does investor sentiment enhance the impact of ESG ratings on firms' financial performance? Evidence from China
    Hu, Qingyu
    Wang, Qi
    ASIAN-PACIFIC ECONOMIC LITERATURE, 2024,
  • [6] Green investments and their effect on ESG ratings: An empirical analysis of Chinese publicly traded companies
    Hou, Bo
    Huang, Wenhui
    Wang, Xiji
    Wang, Jizhou
    RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE, 2025, 74
  • [7] Environmental regulatory system reform and corporate ESG ratings: Evidence from China
    Chen, Qi
    Li, Menghan
    ECONOMIC MODELLING, 2024, 135
  • [8] Green fund investors and ESG performance: Evidence from China
    Zhang, Yumeng
    Xiong, Xiong
    Gao, Ya
    PACIFIC-BASIN FINANCE JOURNAL, 2024, 88
  • [9] Green credit and corporate ESG performance: Evidence from China
    Gao, Wei
    Liu, Zebin
    FINANCE RESEARCH LETTERS, 2023, 55
  • [10] Green investors and corporate ESG performance: Evidence from China
    Feng, Jingyu
    Yuan, Ying
    FINANCE RESEARCH LETTERS, 2024, 60