Research on the Impact of ESG Performance on the Value of China's Heavily Polluting Enterprises
Taking listed companies in heavily polluting industries as the research object,the paper selects the data of 1 003 listed companies from 2018 to 2022 to construct panel data,and establishes a two-way fixed effect model to empirically analyze the impact of corporate environment,society and corporate governance(ESG)performance on corporate value.The results show that the ESG performance of listed companies in heavily polluting industries has a significant positive impact on corporate value.The research in this paper can pay more attention of listed companies in heavily polluting industries to their own ESG performance,and also provide a new perspective for investors to make decisions.
heavily polluting industryESG performanceenterprise value
万方数据
维普
