Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)

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ESG Trends and Investment Feasibility based on Real Estate Companies

Authors
Zhiyu Liang1, *
1Department of Economics and Finance, Hong Kong Shue Yan University, Hong Kong, HK001, China
*Corresponding author. Email: 209027@hksyu.edu.hk
Corresponding Author
Zhiyu Liang
Available Online 21 June 2024.
DOI
10.2991/978-94-6463-441-9_71How to use a DOI?
Keywords
ESG Real Estate Industry; Indicator Construction; Investment
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.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
21 June 2024
ISBN
10.2991/978-94-6463-441-9_71
ISSN
2352-5428
DOI
10.2991/978-94-6463-441-9_71How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Zhiyu Liang
PY  - 2024
DA  - 2024/06/21
TI  - ESG Trends and Investment Feasibility based on Real Estate Companies
BT  - Proceedings of the 2023 International Conference on Economic Management，Financial Innovation and Public Service (EMFIPS 2023)
PB  - Atlantis Press
SP  - 844
EP  - 854
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-441-9_71
DO  - 10.2991/978-94-6463-441-9_71
ID  - Liang2024
ER  -