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Intermediate inputs, import trade and corporate ESG performance

Author

Listed:
  • Gao, Yang
  • Ma, Wanli
  • Chen, Cheng

Abstract

Using data from China's A-share listed companies from 2012 to 2022, this study explores the impact of intermediate inputs and import trade liberalization on corporate environmental, social, and governance (ESG) performance. Furthermore, it examines the mediating role of total factor productivity (TFP) in these effects. Findings indicate that increased intermediate inputs resulting from upstream industry concentration and lower import trade tariffs can effectively enhance corporate ESG performance. TFP partially mediates the enhancement of corporate ESG performance through intermediate inputs and import trade liberalization.

Suggested Citation

  • Gao, Yang & Ma, Wanli & Chen, Cheng, 2025. "Intermediate inputs, import trade and corporate ESG performance," Finance Research Letters, Elsevier, vol. 74(C).
    • Handle: RePEc:eee:finlet:v:74:y:2025:i:c:s1544612324017227
    DOI: 10.1016/j.frl.2024.106693
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    References listed on IDEAS

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