Research on ESG Behavior and Corporate Value under the Impact of System Risk:Empirical Evidence Based on Listed Companies in Anhui Manufacturing Industry
Against the background of unprecedented changes in a century,the COVID-19 epidemic,as a sudden systemic risk,has brought a huge impact on the global manufacturing chain.ESG behavior is the micro foundation of corporate sustainable development,which helps enterprises to cope with sudden systemic risks and enhance enterprise value.This paper is based on sample data of Anhui manufacturing listed companies from 2018 to 2022,and uses a fixed effects model to study the impact of ESG behavior on corporate value.Research has found a positive correlation between ESG behavior and corporate value,and the impact of the epidemic will enhance the role of ESG behavior in enhancing corporate value.Enterprises can use ESG behavior to overcome sudden systemic crises.ESG behavior can lead to high-quality development of enterprises.
NETL
NSTL
万方数据
