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The impact of ESG performance on firm value in the Chinese market

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  • Li, Xiaoshuai
  • You, Zhen

Abstract

This article examines the ESG performance and firm value of Chinese A-share listed companies from 2011 to 2022, finding a significant positive impact, particularly for non-state-owned and polluting enterprises, mediated by corporate reputation and innovation.

Suggested Citation

  • Li, Xiaoshuai & You, Zhen, 2025. "The impact of ESG performance on firm value in the Chinese market," Finance Research Letters, Elsevier, vol. 85(PC).
    • Handle: RePEc:eee:finlet:v:85:y:2025:i:pc:s1544612325013698
    DOI: 10.1016/j.frl.2025.108114
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    References listed on IDEAS

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