ESG Trends and Investment Feasibility based on Real Estate Companies

Zhiyu Liang ()
Additional contact information
Zhiyu Liang: Hong Kong Shue Yan University, Department of Economics and Finance

A chapter in Proceedings of the 2023 International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2023), 2024, pp 844-854 from Springer

Abstract: Abstract This paper conducts a study based on the development of Chinese real estate in recent years and the initial application of ESG ratings in China. The objective is to find whether the performance of real estate companies was correlated with ESG ratings. This paper adopts a quantitative research approach, using ESG ratings of Chinese A-share listed real estate companies and annual financial statements for analysis. Also, a linear regression analysis was conducted to obtain the coefficients. The results of the study showed that only the debt-asset ratio of the company, as well as the operating gross margin had a linear and negative relationship with ESG rating. This result may be due to the fact that Chinese real estate was very restricted by policies in the previous years, although it is said that there will be an emergence of easing policies in 2021 but because the real estate industry was not optimistic in the previous years. As a result, consumers no longer have the same enthusiasm for real estate investing that they previously did. On the other hand, they are spectators.

Keywords: ESG Real Estate Industry; Indicator Construction; Investment (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-441-9_71

Ordering information: This item can be ordered from
http://www.springer.com/9789464634419

DOI: 10.2991/978-94-6463-441-9_71

Access Statistics for this chapter

More chapters in Advances in Economics, Business and Management Research from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().