Analysis on the Impact of Low-carbon Pilot Policy on ESG Value of Enterprises——Based on Multi-Period Double Difference Model
Since 2010,China has launched three batches of low-carbon pilot projects,so how the policy effect of low-carbon pilot projects is the focus of attention of scholars.Based on this,this paper takes 4918 A-share enterprises in Shanghai and Shenzhen as samples,and uses the panel data from 2009 to 2022 to investigate the influence of three batches of low-carbon pilot policies on the ESG value of enterprises,and adds parallel trend test,endogenous test and placebo test to make the model results more robust,and finally provides relevant policy optimization suggestions according to the conclusions,with a view to promoting the realization of the"double carbon"goal.
"double carbon"targetlow carbon pilot policymulti-period double difference modelESG value
NETL
NSTL
万方数据
