 Executives’ ESG cognition, external governance, and corporate green developmentZhaoguo Zhang, Liuzhi Wang and Shengqi Zheng Economic Analysis and Policy, 2025, vol. 87, issue C, 2458-2469 Abstract: Using Chinese A-share listed companies in the Shanghai and Shenzhen stock exchanges from 2010 to 2022 as the research samples, this paper examines the impact of executives’ ESG cognition on corporate green development and the underlying mechanisms. The results show that executives’ ESG cognition can promote corporate green development, and external governance mechanisms such as government regulation, media supervision, and market competition have all played positive moderation roles in the relationship between executives’ ESG cognition and corporate green development. Further analysis indicates that the positive impact of executives’ ESG cognition on corporate green development is more significant in Non-State-Owned listed companies, in regions with higher pollution levels, and in industries with lower environmental sensitivity. These findings offer valuable insights for improving corporate external governance mechanisms, enhancing executives’ ESG cognition, and promoting corporate green development. Keywords: Executives’ ESG cognition; Corporate green development; External governance mechanism (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:ecanpo:v:87:y:2025:i:c:p:2458-2469 DOI: 10.1016/j.eap.2025.08.035 Access Statistics for this article Economic Analysis and Policy is currently edited by Clevo Wilson More articles in Economic Analysis and Policy from Elsevier |
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