The effect of economic growth target constraints on ESG

被引:7
|
作者
Li, Shijie [1 ]
Xie, En [2 ,3 ]
机构
[1] Hainan Univ, Sch Econ, Haikou, Peoples R China
[2] Hainan Univ, Sch Management, Haikou, Peoples R China
[3] Hainan Univ, Sch Management, Haikou 570228, Peoples R China
基金
中国国家自然科学基金;
关键词
Local economic growth targets; ESG; political promotion; resources mismatch;
D O I
10.1080/13504851.2023.2208826
中图分类号
F [经济];
学科分类号
02 ;
摘要
The economy-based growth governance of local government departments significantly influences the strategic behaviour of firms in their jurisdictions. We mainly explore how local economic growth targets affect ESG transformation. Results indicate that the higher the local economic growth target is set, the lower the level of ESG transformation of companies is. Additionally, the inhibitory effect of local economic goals on ESG in State-owned enterprises has been significantly higher than that in non-SOEs.
引用
收藏
页码:1921 / 1924
页数:4
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