Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 3rd International Conference on Business and Policy Studies
Series Vol. 75 , 17 April 2024
Open
Access | Article
Research on the Impact of ESG Performance on Corporate Exports
* Author to whom correspondence should be addressed.
Abstract
The development of a green and low-carbon economy has become a crucial topic in global economic advancement. China's export trade faces a complex international landscape characterized by escalating trade frictions, rising trade protectionism, and a sluggish traditional trade environment in the post-pandemic era. This paper primarily explores the relationship between the ESG performance of Chinese A-share listed companies and their export activities. Initially, it conducts a literature analysis on the impact of ESG performance on corporate exports from the perspectives of environment, social responsibility, and corporate governance. This paper conducts empirical analyses using relevant regression models to test the hypotheses. Furthermore, in examining the transmission pathways of the impact of ESG performance on corporate exports, an intermediate variable regression model is established to analyze the specific roles played by corporate innovation as a mediator. In conclusion, the findings are as follows: (1) Overall ESG performance positively influences corporate exports, indicating that better ESG performance is conducive to enhanced export activities. (2) Enterprises with superior ESG performance can promote exports by improving their innovation capabilities.
Keywords
ESG Performance, Corporate Innovation, Corporate Exports
References
1. Pei Yu, Shanshan Li. 2023. Does the Quality of Environmental Information Disclosure Promote Outward Foreign Direct Investment by Enterprises? - Evidence from Listed Manufacturing Companies on China's A-share Market [J]. Ecological Economics, 2023, 39(05): 163-172+210.
2. Xianbing Liu, V. Anbumozhi. 2009. eterminant factors of corporate environmental information disclosure: an empirical study of Chinese listed companies. Journal of Cleaner Production,2009:593-600
3. Shanyong Wang, Hualong Wang, Jing Wang, Feng Yang. 2020. Does environmental information disclosure contribute to improve firm financial performance? An examination of the underlying mechanism. Science of the Total Environment,2020,714:136855
4. Eleni Anastasiadou, Cecilia Lindh, Thibault Vasse. 2019. Are Consumers International? A Study of CSR, Cross-Border Shopping, Commitment and Purchase Intent among Online Consumers[J]. Journal of Global Marketing,2019,32(4):239-254.
5. Oliver Lukason, Tiia Vissak. 2019. Export behavior and corporate governance. Review of International Business and Strategy,2020, Vol. 30, Issue 1, pages 43 – 76.
6. Wu, Lixia. 2023. ESG Performance, Dual Innovation, and Corporate High-Quality Development[J]. Financial and Accounting Communication, 2023(20):33-39.
7. Liu, B., & Tan, S. Q. 2022. The Impact of Corporate Social Responsibility on Organizational Resilient Innovation: A Multidimensional Empirical Analysis of Chinese Manufacturing Listed Companies. Enterprise Economy, 41(01), 113-121.
8. Espahbodi, L., Espahbodi, R., Juma, N., etal. 2019. Sustainability Priorities, Corporate Strategy, and Investor Behavior[J. Review of Financial Economics, 2019, 37(1): 149-167.
9. Song, W., Yu, H. 2018. Green Innovation Strategy and Green Innovation: The Roles of Green Creativity and Green Organizational Identity[J]. Corporate Social Responsibility and Environmental Management, 2018, 25(2): 135-150.
10. Lin, Z. J., Liu, S., Sun, F. 2017. The Impact of Financing Constraints and Agency Costs on Corporate R&D Investment: Evidence from China[J]. International Review of Finance, 2017, 17(1): 3-42.
11. Liang, B., & Xu, X. (2023, November 19). ESG Performance of Listed Companies and Analyst Earnings Forecast Deviation: A Dual Perspective Based on "Information Effect" and "Governance Effect." Financial and Accounting Communication, 1-5. [Online Journal]. DOI: [insert DOI number if available].
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License. Authors who publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See Open Access Instruction).
- Volume Title
- Proceedings of the 3rd International Conference on Business and Policy Studies
- ISBN (Print)
- 978-1-83558-373-9
- ISBN (Online)
- 978-1-83558-374-6
- Published Date
- 17 April 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/75/20241827
- Copyright
- 17 April 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited