Impact of Enterprise ESG Performance on Innovation Performance:A Mediation Based on R&D Investment
Against the backdrop of China's commitment to achieving the goal of"carbon peak and carbon neutrality",as an individual enterprise,improving ESG performance to enhance innovation performance of enterprises plays an important role in promoting high-quality development and sustainable economic and social development.The article takes Chinese A-share listed companies in Shanghai and Shenzhen from 2015 to 2022 as the research object,and uses R&D investment as the mediating variable to analyze the impact mechanism of ESG performance on innovation performance.The results indicate that good ESG performance of enterprises helps to improve their innovation performance.Good ESG performance of enterprises has a significant promoting effect on R&D investment.By using R&D investment as a mediator,good ESG performance can enhance corporate innovation performance by increasing R&D investment.
ESG performance of enterprisesinnovation performanceR&D investment