Driving Corporate Value through ESG Performance: Empirical Evidence from Listed Companies

Yuci Hong ()
Additional contact information
Yuci Hong: Zhejiang Gongshang University, College of Management

A chapter in Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024), 2024, pp 567-578 from Springer

Abstract: Abstract This study examines the impact of environmental, social, and corporate governance (ESG) performance on firm value and explores the associated mechanisms. The research is based on a sample comprising all A-share listed companies from 2010 to 2022. Using annual data, regression analysis with a fixed effects model is employed. The findings demonstrate a positive relationship between ESG performance and firm value. These results hold significant implications for the establishment of a mandatory ESG disclosure system in China, the standardization and enhancement of ESG evaluation and rating criteria, as well as the promotion of high-quality development and value maximization among listed companies.

Keywords: ESG Performance; Corporate Value; Listed Companies (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:978-94-6463-459-4_65

Ordering information: This item can be ordered from
http://www.springer.com/9789464634594

DOI: 10.2991/978-94-6463-459-4_65

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 ().