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Corporate ESG performance and human capital investment efficiency

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  • Song, Jiayi

Abstract

We discuss the mechanism of the influence of enterprise ESG performance on the efficiency of enterprise human capital investment. Through empirical model research, the paper finds a compelling correlation: the greater the ESG performance, the higher the efficiency of enterprise human capital investment. Furthermore, the study reveals that enterprise ESG performance not only enhances the efficiency of human capital investment but also bolsters the competitive advantage of enterprise products. Additionally, the study underscores that enterprise ESG performance serves as a catalyst for augmenting enterprise reputation, which in turn leads to improved efficiency in human capital investment.

Suggested Citation

  • Song, Jiayi, 2024. "Corporate ESG performance and human capital investment efficiency," Finance Research Letters, Elsevier, vol. 62(PB).
    • Handle: RePEc:eee:finlet:v:62:y:2024:i:pb:s1544612324002691
    DOI: 10.1016/j.frl.2024.105239
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    References listed on IDEAS

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    Cited by:

    1. Mo Bai & Weixuan Wang, 2024. "Role of green bonds in developing ESG projects in Eastern provinces of China," Palgrave Communications, Palgrave Macmillan, vol. 11(1), pages 1-8, December.
    2. Hui Huang & Jing Yang & Changman Ren, 2024. "Unlocking ESG Performance Through Intelligent Manufacturing: The Roles of Transparency, Green Innovation, and Supply Chain Collaboration," Sustainability, MDPI, vol. 16(23), pages 1-26, December.
    3. Ni, Kejin & Zhang, Rui & Tan, Lei & Lai, Xiaobing, 2024. "How ESG enhances corporate competitiveness: Mechanisms and Evidence," Finance Research Letters, Elsevier, vol. 69(PB).
    4. Tang, Yiding & Qiao, Xingzhi & Chen, He, 2024. "ESG performance and investment expansion: Evidence from Chinese listed firms," Finance Research Letters, Elsevier, vol. 69(PA).
    5. Michal Erben & Michal Kudej & Jan Kubalek, 2025. "The Social Factors Impact on Sustainable Business Growth Perception Within the ESG Concept," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 27(68), pages 196-196, February.
    6. Sun, Xian & Xiong, Xiaoyan, 2025. "ESG performance and corporate innovation," Research in International Business and Finance, Elsevier, vol. 76(C).

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