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

Mingyao Cao, Keyi Duan and Haslindar Ibrahim

Economics Letters, 2023, vol. 232, issue C

Abstract: 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.

Keywords: Environmental, social, and governance; Green investment; Linear mixed-effects model; ESG rating (search for similar items in EconPapers)
JEL-codes: A1 G3 (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:232:y:2023:i:c:s0165176523003907

DOI: 10.1016/j.econlet.2023.111365

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