Driving Corporate Value through ESG Performance: Empirical Evidence from Listed Companies

DOI

10.2991/978-94-6463-459-4_65How to use a DOI?

Keywords

ESG Performance; Corporate Value; Listed Companies

Abstract

This study examines the impact of environmental, social, and corporate governance (ESG) performance on firm value and explores the associated mechanisms. The research is based on a sample comprising all A-share listed companies from 2010 to 2022. Using annual data, regression analysis with a fixed effects model is employed. The findings demonstrate a positive relationship between ESG performance and firm value. These results hold significant implications for the establishment of a mandatory ESG disclosure system in China, the standardization and enhancement of ESG evaluation and rating criteria, as well as the promotion of high-quality development and value maximization among listed companies.

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  - Yuci Hong
PY  - 2024
DA  - 2024/07/23
TI  - Driving Corporate Value through ESG Performance: Empirical Evidence from Listed Companies
BT  - Proceedings of the 2024 9th International Conference on Social Sciences and Economic Development (ICSSED 2024)
PB  - Atlantis Press
SP  - 567
EP  - 578
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-459-4_65
DO  - 10.2991/978-94-6463-459-4_65
ID  - Hong2024
ER  -