The Impact of ESG Performance on Corporate Financial Risk and Policy Recommendations:The Intermediary Role of Analysts' Attention
With the increasing global emphasis on sustainable development,ESG performance has become a key indicator for measuring the overall health and development potential of enterprises. Analysts focus on corporate ESG information and integrate it into their predictions of the company's financial condition and future prospects,which helps investors better understand the o-verall risk profile of the company. In this context,the intrinsic relationship between ESG performance and corporate financial risk is explored in depth,with a focus on the mediating effect of analyst attention in this relationship. The research results indicate that:ESG performance is significantly negatively correlated with corporate financial risk;analysts focus on the mediating effect between ESG performance and corporate financial risk. The research conclusion expands the impact path of ESG performance on corporate financial risk,and provides reference for government management and corporate ESG decision-making.
NETL
NSTL
万方数据
