IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v32y2025i11p1644-1648.html
   My bibliography  Save this article

Stock market liberalization and ESG performance: evidence from China connect

Author

Listed:
  • Guohua He
  • Zhaolin Wang
  • Jingwen Yu

Abstract

This study provides novel evidence on both macro and micro effects of stock market liberalization on firms’ ESG performance based on the policy shock of stock market connect between mainland China and Hong Kong (China Connect). Through a staggered difference-in-differences framework, we find that the stock market liberalization has an ESG-enhancing effect. Furthermore, we show that the potential mechanisms include improved financing conditions and propagation of ESG concerns from global investors.

Suggested Citation

  • Guohua He & Zhaolin Wang & Jingwen Yu, 2025. "Stock market liberalization and ESG performance: evidence from China connect," Applied Economics Letters, Taylor & Francis Journals, vol. 32(11), pages 1644-1648, June.
    • Handle: RePEc:taf:apeclt:v:32:y:2025:i:11:p:1644-1648
    DOI: 10.1080/13504851.2024.2310055
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/13504851.2024.2310055
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/13504851.2024.2310055?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:32:y:2025:i:11:p:1644-1648. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.