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ESG Disclosure and High-Quality Corporate Development

In: Economic Management and Big Data Application Proceedings of the 3rd International Conference

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  • Yuchen Zhang

Abstract

As the concept of sustainable development progress, enterprises need to balance economic and social benefits and achieve high-quality economic development as micro-entities. Moreover, ESG is closely related to high-quality corporate development as an essential tool to achieve high-quality economic development. This paper empirically examines the relationship between ESG information disclosure and the high-quality development of enterprises based on the entropy-weighted TOPSIS method, using a sample of Chinese A-share listed companies from 2009 to 2020. It is found that ESG disclosure can promote high-quality corporate development by facilitating corporate innovation. Heterogeneity tests show that ESG disclosure’s effect on enterprises’ high-quality development is more significant in non-state enterprises and regions with a high degree of marketization.

Suggested Citation

  • Yuchen Zhang, 2024. "ESG Disclosure and High-Quality Corporate Development," World Scientific Book Chapters, in: Sikandar Ali Qalati (ed.), Economic Management and Big Data Application Proceedings of the 3rd International Conference, chapter 16, pages 164-186, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789811270277_0016
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    Keywords

    Big Data; Information Management; Economic; Data Applications; Blockchain; E-commerce;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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