In recent years,ESG has gained widespread attention globally,more and more investors have included the ESG performance of enterprises into their investment decisions,and relevant policies and regulations require the enterprises to disclose the ESG reports.As an external governance mechanism,short selling mechanism can influence the behavioral choices of enterprises,and then affect the ESG performance of enterprises.Based on this,the paper investigates the mechanism and effect of short selling deregulation on enterprises'ESG performance from the perspective of deregulation of short selling in China's capital market by combing the relevant literature,which helps policy makers understand the positive effect of deregulation of short selling in a comprehensive manner,and at the same time provides a new way of thinking for enterprises to promote the fulfillment of their social responsibility.
关键词
卖空机制/ESG表现/企业治理/信息传递
Key words
short selling mechanism/ESG performance/enterprise governance/information transmission
万方数据