The Relation Among Ownership, Environmental, Social, Governance (ESG), and Corporate Social Responsibility (CSR) in China
Yichi Zhang and
Kabir Hassan Mohammad ()
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Yichi Zhang: Shaanxi Academy of Social Sciences
Kabir Hassan Mohammad: University of New Orleans
A chapter in Handbook of Smart Energy Systems, 2023, pp 2877-2897 from Springer
Abstract:
Abstract The association among state/institutional/foreign ownership, environmental, social, governance (ESG), and corporate social responsibility (CSR) is ambiguous in Chinese corporate finance. The state ownership is the most unique part of Chinese market; therefore, the developed economies originated empirical and theoretical findings may deviate the native flavor in emerging countries. Although the relevant studies focused on Chinese market are limited, we hold the interest to sort out the existent researches on the relation between ownership structure and green economy. The impressive China’s economic development significantly attributes to the policy of Economic Reform and Open Up. At China’s current development stage, the speedy and irregular economic development must be replaced by the sustainable and green economic development. By focusing on China’s issue, we document the existence literatures about the impact of various ownership structure on the performance of ESG and CSR. Further, we briefly summarize the relation between fossil energy and environment protection.
Keywords: State ownership; Institutional ownership; Foreign ownership; ESG; CSR; China (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-97940-9_158
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DOI: 10.1007/978-3-030-97940-9_158
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