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ESG performance and corporate solvency

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  • Yu, Haiyan
  • Su, Tao

Abstract

This paper selects A-share listed companies in 2018–2022 as a research sample and examines the relationship between ESG performance and listed companies' solvency. It is found that the company's current ESG performance is positively correlated with its current solvency, and there is no lag; the correlation between high-pollution enterprises for solvency and ESG performance is more potent than that of non-high-pollution enterprises.

Suggested Citation

  • Yu, Haiyan & Su, Tao, 2024. "ESG performance and corporate solvency," Finance Research Letters, Elsevier, vol. 59(C).
    • Handle: RePEc:eee:finlet:v:59:y:2024:i:c:s1544612323011716
    DOI: 10.1016/j.frl.2023.104799
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    References listed on IDEAS

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    2. Tu, Zhengge & Cao, Yu & Goh, Mark & Wang, Yujia, 2024. "Executive green cognition and corporate ESG performance," Finance Research Letters, Elsevier, vol. 69(PB).
    3. Jialin Yan & Haibo Hu & Yiruo Hu, 2024. "Does internal control improve enterprise environmental, social, and governance information disclosure? Evidence from China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4980-4994, September.
    4. Hai, Benlu & Shi, Hongyan & Piao, Tianyu & Dou, Zhaoheng, 2024. "Digitalization of tax administration and its impact on corporate ESG performance," Finance Research Letters, Elsevier, vol. 68(C).

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