The Impact of Policy Tools on ESG of Strategic Emerging Firms

DOI

10.2991/978-94-6463-534-8_7How to use a DOI?

Keywords

Strategic Emerging Industries; ESG; Government Subsidies; Tax Incentives; Government Procurement

Abstract

China’s economy has shifted from the stage of high-speed growth to the stage of high-quality development. Under the concept of green development and sustainable development, the ESG performance of strategic emerging industries has attracted much attention. This study uses the financial data of listed companies in strategic emerging industries from 2013 to 2021, and selects three supply, environment and demand policy tools, namely government subsidies, tax incentives and government procurement, to empirically explore the impact of policy tools on ESG performance of strategic emerging enterprises. It is found that the three policy tools have a positive impact on ESG performance.

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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TY  - CONF
AU  - Chuanyuan Liu
PY  - 2024
DA  - 2024/10/14
TI  - The Impact of Policy Tools on ESG of Strategic Emerging Firms
BT  - Proceedings of the 4th International Conference on Internet Finance and Digital Economy (ICIFDE 2024)
PB  - Atlantis Press
SP  - 74
EP  - 85
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-534-8_7
DO  - 10.2991/978-94-6463-534-8_7
ID  - Liu2024
ER  -