Exploring the Impact of ESG Performance and R&D Capabilities on Corporate Financial Success in China
Asian Journal of Economics, Business and Accounting · pp. 400–413 · Published 14 Aug 2024
10.9734/ajeba/2024/v24i81465Abstract
China has set the "dual carbon" goal of achieving "carbon neutrality" and "carbon peak" by 2024. Based on this background, this article explores the impact of ESG and R&D capabilities on corporate financial performance, and whether they have a driving effect on the "dual carbon" target. This study takes the non-equilibrium panel data of Chinese A-share listed companies from 2017 to 2022 as the research object, proposes research hypotheses, and constructs an empirical model. This article uses SPSS software to apply statistical description, multicollinearity test, least squares regression analysis and other empirical methods to the sample. The model is further tested through robustness test and heterogeneity test. The study shows that at the current stage, the ESG performance and innovation ability of enterprises have a positive impact on their financial performance. Based on this, the article also provides corresponding operational suggestions for enterprises.
Cited by 0
No indexed citations yet.
Related research
- Implementation of International Financial Reporting Standard as a Tool for the Performance of Nigerian Insurance Companies — shares topic coverage
- Analyzing Effect of Alternative Banking Channels on Financial Performance of Burundi Commercial Banks: Evidence from Kenya Commercial Bank in Burundi — shares topic coverage
- Environment and Financial Performance: The Case of the Canadian Oil Industry — shares topic coverage
- Reconfiguring Workspaces: Adaptations of Corporate Real Estate Design in the Context of the COVID-19 Pandemic and Economic Crisis in Sri Lanka — shares topic coverage
- Corporate Governance and Firm Profitability: A Study of Ghana's Banking Sector — shares topic coverage
Article metrics
Real usage data collected on this platform.
0
Page views
0
PDF downloads
0
Outbound clicks
0
Citations
Views by country
Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".
No views recorded yet.
Traffic sources
Referring site, by host.
No traffic recorded yet.
Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.