Does state capital equity affect ESG performance of private firms?—based on the perspective of sustainable development of Chinese enterprises
Wentao Li,
Yujie Wang
Abstract:Along with the intensification of global ecological problems, corporate environmental, social, and governance (ESG) issues have attracted extensive attention from the investment community, and solving these issues is crucial for sustainable development. However, little is known about the research on equity structure reform on corporate ESG performance, especially state-owned capital on private firms' ESG performance. To this end, we utilize the panel data of 1,589 privately listed firms in China from 2013 to 2… Show more
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