Corporate litigation risk, institutional investor shareholding and corporate ESG performance

被引：2
作者：
Ma, Wen [1 ]
Wu, Jiaming [2 ]
Wu, Jiangning [3 ]
机构：
[1] Jimei Univ, Coll Marine Culture & Law, Xiamen 361021, Fujian, Peoples R China
[2] Shanghai Lixin Univ Accounting & Finance, Sch Law, Shanghai 201620, Peoples R China
[3] Emilio Aguinaldo Coll, Manila 1007, Philippines
来源：
INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2024年 / 95卷
关键词：
Corporate litigation risk; ESG performance; Institutional investor ownership; Mediating effect;
D O I：
10.1016/j.iref.2024.103448
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
This study constructs a mediation effect model and empirically analyses the relationship between corporate litigation risk, institutional investor shareholding and ESG performance using data from Shanghai and Shenzhen A-share listed companies. The results show that corporate litigation risk significantly negatively impacts ESG performance, while institutional investor shareholding plays an important mediating role. This finding reveals the intrinsic mechanism of corporate litigation risk affecting ESG performance and provides new perspectives and ideas for theoretical research and practical guidance in related fields.
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页数：9
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