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Enhancing ESG performance through public fund shareholding

Author

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  • Yao, Meijie
  • Chen, Wei

Abstract

Using sample data from Chinese A-shared listed companies from 2016 to 2022, this study investigates the impact of increasing public fund shareholding on the companies’ environmental, social, and governance (ESG) performance. Findings reveal that a higher amount of public fund shareholding positively influences listed companies’ ESG performance. This positive effect is more pronounced in regions with robust economic development. Furthermore, public fund shareholding increases the transparency of corporate information, facilitating the improvement of corporate ESG performance.

Suggested Citation

  • Yao, Meijie & Chen, Wei, 2025. "Enhancing ESG performance through public fund shareholding," Finance Research Letters, Elsevier, vol. 76(C).
    • Handle: RePEc:eee:finlet:v:76:y:2025:i:c:s154461232500296x
    DOI: 10.1016/j.frl.2025.107032
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