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Cultural asset preservation, socially responsible investment, and corporate sustainable development in urban renewal

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  • Hu, Kexin
  • Wu, Han

Abstract

This article utilizes relevant data from Chinese provinces and listed companies between 2013 and 2023 to explore the relationship among cultural asset protection, socially responsible investment, and corporate sustainable development in the context of urban renewal. The study finds that cultural asset protection has a significant positive impact on corporate sustainable development; socially responsible investment plays a positive moderating role between cultural asset protection and corporate sustainable development; in regions with a high concentration of cultural resources, the promoting effect of cultural asset protection on corporate sustainable development is more pronounced; and in areas with strong support for urban renewal policies, the moderating effect of socially responsible investment between cultural asset protection and corporate sustainable development is more significant.

Suggested Citation

  • Hu, Kexin & Wu, Han, 2026. "Cultural asset preservation, socially responsible investment, and corporate sustainable development in urban renewal," Finance Research Letters, Elsevier, vol. 87(C).
    • Handle: RePEc:eee:finlet:v:87:y:2026:i:c:s1544612325023402
    DOI: 10.1016/j.frl.2025.109091
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    References listed on IDEAS

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