Green investors and corporate ESG performance: Evidence from China

被引：37
|
作者：
Feng, Jingyu [1 ]
Yuan, Ying [1 ,2 ,3 ,4 ]
机构：
[1] Northeastern Univ, Sch Business Adm, Shenyang 110169, Peoples R China
[2] Northeastern Univ, Natl Frontiers Sci Ctr Ind Intelligence & Syst Opt, Shenyang 110819, Peoples R China
[3] Northeastern Univ, Key Lab Data Analyt & Optimizat Smart Ind, Minist Educ, Shenyang, Peoples R China
[4] Northeastern Univ, Shenyang 110169, Peoples R China
来源：
FINANCE RESEARCH LETTERS | 2024年 / 60卷
关键词：
Green investors; Corporate ESG performance; Internal financing constraints; External public environmental concerns;
D O I：
10.1016/j.frl.2023.104892
中图分类号：
F8 [财政、金融];
学科分类号：
0202 ;
摘要：
From a green perspective, this paper examines the impact of green investors on corporate ESG performance and then investigates how the entry of green investors affects corporate ESG performance based on data from A-share-listed companies in China between 2009 and 2022. The findings suggest that the entry of green investors enhances corporate ESG performance by addressing internal financing constraints and external public environmental concerns. Furthermore, the positive influence of green investors on ESG performance is markedly pronounced in non-state-owned enterprises, highly competitive enterprises and enterprises situated in the Northern region of China.
引用
收藏
页数：8
相关论文
共 50 条
  • [1] Green fund investors and ESG performance: Evidence from China
    Zhang, Yumeng
    Xiong, Xiong
    Gao, Ya
    PACIFIC-BASIN FINANCE JOURNAL, 2024, 88
  • [2] Green credit, supply chain transparency and corporate ESG performance: evidence from China
    Zhang, Yingying
    Wan, Dongqi
    Zhang, Lei
    FINANCE RESEARCH LETTERS, 2024, 59
  • [3] The impact of introducing strategic investors on corporate ESG performance-Empirical evidence from private placements in China
    Liu, Jia
    Jin, Yu
    Xu, Chengkai
    FINANCE RESEARCH LETTERS, 2024, 70
  • [4] Artificial intelligence and corporate ESG performance: evidence from China
    Chen, Xiang
    Ge, Liming
    APPLIED ECONOMICS LETTERS, 2025,
  • [5] Green innovation and corporate ESG performance: Evidence from Chinese listed companies
    Liu, Xiaojing
    Huang, Ningren
    Su, Wunhong
    Zhou, Haiyan
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2024, 95
  • [6] The Impact of the River Chief System on Corporate ESG Performance: Evidence from China
    Mu, Lan
    Zhang, Chuanzhen
    Liu, Haoying
    WATER, 2025, 17 (02)
  • [7] The impact of executives' green experience on environmental, social, and governance (ESG) performance: Evidence from China
    Chen, Chen
    Yan, Yucong
    Jia, Ximeng
    Wang, Tao
    Chai, Mingyang
    JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2024, 366
  • [8] Regional climate change action and corporate ESG performance-Evidence from China
    Zhou, Zhifang
    Yang, Zhuoxuan
    Li, Huijia
    Liu, Jinhao
    INTERNATIONAL REVIEW OF ECONOMICS & FINANCE, 2025, 100
  • [9] Is there a peer effect on corporate ESG performance? Evidence from China's capital market
    Xi, Longsheng
    Bian, Hongjie
    Wang, Xingyu
    CHINESE JOURNAL OF POPULATION RESOURCES AND ENVIRONMENT, 2024, 22 (04) : 423 - 435
  • [10] Local government debt pressure and corporate ESG performance: Empirical evidence from China
    Nie, Song
    Liu, Junxian
    Zeng, Gang
    You, Jiyuan
    FINANCE RESEARCH LETTERS, 2023, 58
12345