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ESG Performance, Corporate Social Capital, and Total Factor Productivity

Yingying Zhang ()
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Yingying Zhang: Zhejiang Gongshang University

A chapter in Proceedings of 2024 6th International Conference on Economic Management and Cultural Industry (ICEMCI 2024), 2025, pp 317-322 from Springer

Abstract: Abstract In the context of pursuing high-quality and sustainable development in the new era, focusing on improving the total factor productivity of enterprises has become an important issue. The article is based on data from A-share listed companies from 2009 to 2021, exploring how ESG performance affects a company’s total factor productivity (TFP) and the mediating effect of corporate social capital (CSC). Research shows that ESG performance has a positive impact on a company’s TFP; There is a mediating effect of CSC between ESG performance and TFP. This article explores the enhancement effect of corporate green governance on high-quality development of enterprises, in order to provide theoretical support and practical guidance for sustainable development of enterprises.

Keywords: ESG performance; Total factor productivity; Corporate social capital (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-642-0_32

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DOI: 10.2991/978-94-6463-642-0_32

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