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Does carbon control policy risk affect corporate ESG performance?

Citations

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Cited by:

  1. Jiang, Chuyu & Li, Yating & Zhang, Xuan & Zhao, Yang, 2025. "Climate risk and corporate debt decision," Journal of International Money and Finance, Elsevier, vol. 151(C).
  2. Xing, Lu & Han, DongHao & Hui, Xie, 2023. "The impact of carbon policy on corporate risk-taking with a double/debiased machine learning based difference-in-differences approach," Finance Research Letters, Elsevier, vol. 58(PC).
  3. Byun, Seong K. & Han, Sulei & Oh, Jong-Min & Xu, Jing, 2025. "ESG complementarity in emerging market: Evidence from China," Finance Research Letters, Elsevier, vol. 73(C).
  4. Wang, Jiaxin & Qiang, Haofan & Liang, Yuchao & Huang, Xiang & Zhong, Wenrui, 2024. "How carbon risk affects corporate debt defaults: Evidence from Paris agreement," Energy Economics, Elsevier, vol. 129(C).
  5. Yang, Zhonghai & Song, Pingting & Xu, Meng & Li, Yingmei, 2024. "Environmental, social and governance performance and equity mispricing: Does embedded information mediation matter?," Finance Research Letters, Elsevier, vol. 67(PB).
  6. Siddique, Md Abubakar & Karim, Sitara, 2025. "Can ESG disclosure predict carbon risk? Evidence from machine and deep learning models," Finance Research Letters, Elsevier, vol. 83(C).
  7. He, Feng & Feng, Yaqian & Hao, Jing, 2023. "Corporate ESG rating and stock market liquidity: Evidence from China," Economic Modelling, Elsevier, vol. 129(C).
  8. Bugshan, Abdullah & Alnori, Faisal & Bakry, Walid & Datt, Rina, 2024. "Carbon assurance, corporate capital structure, and debt maturity: Global evidence," Economics Letters, Elsevier, vol. 245(C).
  9. Gao, Jiaxuan & Liu, Pengfei & Xie, Hongjun, 2025. "The role of carbon risk in foreign direct investment: Evidence from China," Energy Economics, Elsevier, vol. 149(C).
  10. Nie, Song & Liu, Junxian & Zeng, Gang & You, Jiyuan, 2023. "Local government debt pressure and corporate ESG performance: Empirical evidence from China," Finance Research Letters, Elsevier, vol. 58(PB).
  11. He, Yu & Zhao, Xiaoling & Zheng, Huan, 2023. "How does the environmental protection tax law affect firm ESG? Evidence from the Chinese stock markets," Energy Economics, Elsevier, vol. 127(PA).
  12. Huang, Ming & Wang, Xiaoxiao & Wang, Xuewu & Zhang, Qunzi, 2024. "Carbon risk and corporate maturity mismatch," Journal of International Money and Finance, Elsevier, vol. 149(C).
  13. Jun, Xiao & Ai, Junwei & Zheng, Lingfeng & Lu, Meiting & Wang, Jianye, 2024. "Impact of information technology and industrial development on corporate ESG practices: Evidence from a pilot program in China," Economic Modelling, Elsevier, vol. 139(C).
  14. Hao, Xiaoli & Sun, Qingyu & Li, Ke & Li, Peilun & Wu, Haitao, 2024. "Does environmental decentralisation improve ESG performance? Evidence from listed companies in China," Energy Economics, Elsevier, vol. 139(C).
  15. Li, Qiaochu & Liu, Yuehan & Yang, Qinghe & Jian, Jianhui & Li, Tao, 2025. "Economic policy uncertainty and ESG performance," Journal of Asian Economics, Elsevier, vol. 101(C).
  16. Hoang, Thi Hong Van & Pham, Linh & Nguyen, Thanh Thi Phuong, 2023. "Does country sustainability improve firm ESG reporting transparency? The moderating role of firm industry and CSR engagement," Economic Modelling, Elsevier, vol. 125(C).
  17. Dharen Kumar Pandey & Waleed M. Al‐ahdal & Hafiza Aishah Hashim, 2024. "Stock market reaction to mandatory sustainability reporting: Does carbon‐intensity and environmental, social, and governance reputation matter?," Business Strategy and the Environment, Wiley Blackwell, vol. 33(8), pages 9116-9140, December.
  18. Zhang, Yutian & He, Yu, 2024. "How does the green financial system affect environmentally friendly firms' ESG? Evidence from Chinese stock markets," Energy Economics, Elsevier, vol. 130(C).
  19. Nguyen, Van Ha & Dang, Tung Lam, 2025. "Corporate social responsibility and trade credit: International evidence," International Review of Economics & Finance, Elsevier, vol. 103(C).
  20. Bhattacherjee, Purba & Mishra, Sibanjan, 2025. "Oil shocks and capital structure: Role of ESG across the globe," International Review of Economics & Finance, Elsevier, vol. 99(C).
  21. Wang, Zhiwen, 2025. "The impact of common ownership between banks and firms on corporate ESG performance: Evidence from China," Emerging Markets Review, Elsevier, vol. 69(C).
  22. Shengyu Xu & Jinqiu Yang & Ruile Li, 2024. "How does green credit guidelines affect environmentally friendly enterprises’ ESG? A quasi-natural experiment from China," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-18, May.
  23. Ding, Xin & Li, Jingshan & Song, Tiantian & Ding, Chenyang & Tan, Wenhao, 2023. "Does carbon emission of firms aggravate the risk of financial distress? Evidence from China," Finance Research Letters, Elsevier, vol. 56(C).
  24. Zhu, Bo & Wang, Yansen, 2024. "Does social trust affect firms' ESG performance?," International Review of Financial Analysis, Elsevier, vol. 93(C).
  25. Liu, Qing & Jia, Deting & Liu, Huiling & Wang, Kai, 2025. "Good for bad: The heterogeneous effects of export controls on firms' ESG," China Economic Review, Elsevier, vol. 90(C).
  26. Zhiming Yang & Borui Guo & Xiao-Chen Yuan & Haofeng Lou & Dejian Gao & Tetsuo Noda, 2026. "Firm-level climate policy uncertainty and corporate green innovation: evidence from Chinese firms," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 28(4), pages 10349-10371, April.
  27. Cai, Cen & Tu, Yongqian & Li, Zhi, 2023. "Enterprise digital transformation and ESG performance," Finance Research Letters, Elsevier, vol. 58(PD).
  28. Fangjun Wang & Xinmiao Zhou & Tian Gan, 2024. "Can green funds improve corporate environmental, social, and governance performance? Evidence from Chinese-listed companies," PLOS ONE, Public Library of Science, vol. 19(3), pages 1-32, March.
  29. Wang, Xiaolin & Ye, Yingying, 2024. "Environmental protection tax and firms’ ESG investment: Evidence from China," Economic Modelling, Elsevier, vol. 131(C).
  30. Wang, Yang & Wang, Yongheng & Yang, Pengyu, 2025. "Does artificial intelligence impact corporate ESG performance? Evidence from a quasi-natural experiment in China," Energy Economics, Elsevier, vol. 151(C).
  31. Chen, Pei-Fen & Chen, Mei-Ping, 2025. "Do country sustainability practices matter to happiness?," Economic Modelling, Elsevier, vol. 152(C).
  32. Zhang, Ping & Ma, Binbin & Chi, Chuenyu, 2025. "Institutional investors and ESG performance: Evidence from China," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 1159-1181.
  33. Yang, Wen & Zhao, Keqing, 2024. "Cross-border capital flows and low-carbon economic development: Examining the impact of foreign shareholding," International Review of Financial Analysis, Elsevier, vol. 96(PA).
  34. Li, Rui & Zhu, Zhikai & Wang, Xiaoyan, 2023. "Pension insurance contributions and ESG performance: Evidence from China," Finance Research Letters, Elsevier, vol. 58(PD).
  35. Liang, Yuchao & Tan, Qi & Pang, Jun, 2024. "Bless or curse, how does extreme temperature shape heavy pollution companies' ESG performance?-Evidence from China," Energy Economics, Elsevier, vol. 131(C).
  36. Cui, Yang & Zhang, Yanliang, 2025. "Financial stability strategies: Bankruptcy courts and corporate capital structure adjustment," International Review of Economics & Finance, Elsevier, vol. 99(C).
  37. Ge, Xiaowen & Xue, Minggao & Cao, Ruiyi, 2024. "Do Chinese carbon-intensive stocks overreact to climate transition risk? Evidence from the COP26 news," International Review of Financial Analysis, Elsevier, vol. 94(C).
  38. Zhao, Wenqi & Toh, Moau Yong & Zhang, Yongmin, 2025. "The price of green justice: Environmental courts and cross-regional capital immobility," Finance Research Letters, Elsevier, vol. 85(PA).
  39. Mariana Bunea & Camelia-Daniela Hategan & Rodica Gabriela Blidisel & Adrian Doru Bigioi, 2025. "Adaptation of Banks to Sustainability Requirements and Impact on Their Financial Performance," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 27(70), pages 771-771, August.
  40. Yue, Tong & Tong, Jian & Guo, Yan & Zhang, Cong, 2025. "Short-term relief and green transformation: Evidence from the unintended environmental governance effects of China’s VAT credit refund policy," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 1725-1747.
  41. Zhang, Guanglai & Li, Yuwen & Zhang, Ning & Zeng, Hao, 2025. "Deregulation as a catalyst: Market access reforms and corporate ESG in China," Energy Economics, Elsevier, vol. 150(C).
  42. Zhou, Jing & Wu, Tingwei & Wu, Kaiwen, 2026. "Responding to upstream uncertainty: How does supplier risk-taking affect client ESG performance?," International Journal of Production Economics, Elsevier, vol. 291(C).
  43. Sun, Yongbo & Wang, Fengqin, 2025. "Consumption center construction and enterprise ESG performance: Evidence from China," Finance Research Letters, Elsevier, vol. 72(C).
  44. Wang, Miao & Wang, Yiduo & Wen, Shouxun, 2024. "ESG performance and green innovation in new energy enterprises: Does institutional environment matter?," Research in International Business and Finance, Elsevier, vol. 71(C).
  45. Hu, Huijing & Tu, Zekai & Chen, Aoyun & Huang, Juanjuan, 2023. "Enterprises’ globalization and ESG performance," Finance Research Letters, Elsevier, vol. 58(PD).
  46. Wang, Hu & Shen, Hong & Li, Shouwei, 2023. "Does green direct financing work in reducing carbon risk?," Economic Modelling, Elsevier, vol. 128(C).
  47. Hao, Yun & Wu, Wenzhao, 2024. "Environment, social, and governance performance and corporate financing constraints," Finance Research Letters, Elsevier, vol. 62(PA).
  48. Yuan Feng & Changfei Nie, 2024. "Digital technology innovation and corporate environmental, social, and governance performance: Evidence from a sample of listed firms in China," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 3836-3854, September.
  49. Md. Abdul Moktadir & Jingzheng Ren, 2024. "Leveraging environmental, social, and governance strategies for sustainable tannery solid waste management towards achieving sustainable development goals," Sustainable Development, John Wiley & Sons, Ltd., vol. 32(4), pages 2869-2898, August.
  50. Song Nie, 2025. "How does fiscal pressure affect corporate green transformation? A quasi-natural experiment based on education authority reform," Empirical Economics, Springer, vol. 68(5), pages 2357-2382, May.
  51. Li, Zhi & Liu, Yue & Huang, Wenxuan, 2024. "Capital structure and corporate litigation," International Review of Economics & Finance, Elsevier, vol. 95(C).
  52. Xu, Mengmeng & Wang, Zihao & Zhou, Yanjiao & Wang, Feng & Wu, Zhan, 2025. "Environmental information transparency and firms' sustainable development: Evidence from automatic environment monitoring and information disclosure in China," Energy Economics, Elsevier, vol. 150(C).
  53. Si, Xiaohan & Zhang, Shuai, 2025. "Carbon emission disclosure and carbon premium ——evidence from the Chinese bond market," International Review of Economics & Finance, Elsevier, vol. 98(C).
  54. Liu, Yue & Li, Zhi & Huang, Wenxuan, 2024. "Analyzing the influence of environmental protection law amendments on financing efficiency in Chinese industrial enterprises: A retrospective examination," Finance Research Letters, Elsevier, vol. 64(C).
  55. Wang, Kai & Chen, Xi & Wang, Chenye, 2023. "The impact of sustainable development planning in resource-based cities on corporate ESG–Evidence from China," Energy Economics, Elsevier, vol. 127(PA).
  56. Qiao, Penghua & Zhao, Yuying & Fung, Anna & Fung, Hung-Gay, 2025. "How digital leadership guides ESG sustainability," Research in International Business and Finance, Elsevier, vol. 73(PB).
  57. Gu, LiHan & Li, QingLi, 2025. "The impact of media attention on firm ESG decisions: the role of sinful industries," Finance Research Letters, Elsevier, vol. 85(PC).
  58. Cabreros, David & de la Fuente, Gabriel & Velasco, Pilar, 2024. "From dawn to dusk: The relationship between CEO career horizon and ESG engagement," International Review of Financial Analysis, Elsevier, vol. 93(C).
  59. Gao, Yang & Liu, Siqiang & Yang, Lu, 2025. "The dynamics of peer influence in corporate ESG practices," International Review of Financial Analysis, Elsevier, vol. 103(C).
  60. Qifeng Wei & Zihao Wang, 2025. "How Does Carbon Constraint Policy Uncertainty Affect the Corporate Green Governance? Evidence from Chinese Industrial Enterprises," Sustainability, MDPI, vol. 17(17), pages 1-33, September.
  61. Lihua Ma & Xiuling Yuan & Jingyi Lu & Yifan Li & Weiqi Gao & Huizhe Yan & Xuedong Zhang, 2024. "The ESG performance influence mechanism analysis-based on empirical analysis," PLOS ONE, Public Library of Science, vol. 19(5), pages 1-21, May.
  62. Yin, Zhujia & Deng, Rantian & Xia, Jiejin & Zhao, Lili, 2024. "Climate risk and corporate ESG performance: Evidence from China," The North American Journal of Economics and Finance, Elsevier, vol. 74(C).
  63. Chao Wang & Jiapeng Li & Yang Yi & Shuwang Yang, 2024. "Crowding in or crowding out? Executive environmental attention and ESG performance of mining listed companies," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 37(4), pages 897-913, December.
  64. Liu, Changyu & Gong, Wanrong & Dong, Guanglong & Ji, Qiang, 2024. "Regulation of environmental, social and governance disclosure greenwashing behaviors considering the risk preference of enterprises," Energy Economics, Elsevier, vol. 135(C).
  65. Pengfei Cheng & Mengzhen Wang & Kanyong Li & Baekryul Choi & Wenliang Chen, 2025. "The impact mechanism of geopolitical risks on ESG performance: The moderating effects of investor attention and government subsidies," PLOS ONE, Public Library of Science, vol. 20(1), pages 1-23, January.
  66. Cheng, Shulei & Chen, Yongtao & Wang, Kexin & Jia, Lijun, 2024. "Climate policy uncertainty influences carbon emissions in the semiconductor industry," International Journal of Production Economics, Elsevier, vol. 278(C).
  67. Zhang, Huili & Huang, Yibo & Zou, Zhiwei, 2024. "Does share pledging affect corporate sustainability performance? Empirical evidence from an emerging market," Emerging Markets Review, Elsevier, vol. 63(C).
  68. Lun, Miaoxing & Fu, Yumei & Chen, Wenchuan & Liu, Zijian, 2025. "The accountability system for operation and investment and the sustainable development of state-owned enterprises: Evidence from ESG performance," Finance Research Letters, Elsevier, vol. 85(PE).
  69. Dong, Guangwu & Tian, Chengrun & Wang, Xining & Wang, Sanchuan, 2024. "Analyst coverage and corporate financing," Finance Research Letters, Elsevier, vol. 59(C).
  70. Vashisht, Rupali & Calvo-Pardo, Hector & Olmo, Jose, 2025. "A causal analysis of environmental and financial performance: Differences between brown and green firms," Economic Modelling, Elsevier, vol. 144(C).
  71. Zhou, Yong & Liu, Siting & Song, Wei, 2025. "Bankruptcy court establishment and corporate financial fraud," International Review of Economics & Finance, Elsevier, vol. 100(C).
  72. Zhou, Zhongsheng & Yuan, Zhichao & He, Chao, 2025. "Can digital transformation promote firms' sustainable development? Evidence based on ESG performance," International Review of Financial Analysis, Elsevier, vol. 105(C).
  73. Chen, Yongtai & Ren, Yi-Shuai & Narayan, Seema & Huynh, Ngoc Quang Anh, 2024. "Does climate risk impact firms' ESG performance? Evidence from China," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 683-695.
  74. Li, Xinge & Chang, Zheren & Qi, Jiangyi, 2025. "Foreign investment policy, market entry and corporate ESG performance," International Review of Financial Analysis, Elsevier, vol. 103(C).
  75. Hoang, Khanh & Pham, Linh & Ha, Oanh Kieu & Nghiem, Hoa Xuan, 2025. "Firm-level climate change exposure and firm efficiency," International Review of Economics & Finance, Elsevier, vol. 101(C).
  76. Liu, Yulin & Chen, Lin & Cao, Zhiling & Wen, Fenghua, 2024. "Uncertainty breeds opportunities: Assessing climate policy uncertainty and its impact on corporate innovation," International Review of Financial Analysis, Elsevier, vol. 96(PA).
  77. Lee, Chien-Chiang & Wang, Chih-Wei & Thinh, Bui Tien & Purnama, Muhammad Yusuf Indra & Sharma, Susan Sunila, 2024. "Corporate leverage and leverage speed of adjustment: Does environmental policy stringency matter?," Pacific-Basin Finance Journal, Elsevier, vol. 85(C).
  78. Han, Qingyang & Gao, Hongying, 2025. "Facilitating or inhibiting? The impact of climate policy uncertainty on enterprises' ESG performance in China," Economic Analysis and Policy, Elsevier, vol. 86(C), pages 1329-1345.
  79. Cheng Peng & Yuansheng Chen, 2024. "Informal board hierarchy and corporate ESG performance," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4783-4795, September.
  80. Ding, Xin & Ren, Yajing & Tan, Wenhao & Wu, Haomin, 2023. "Does carbon emission of firms matter for Bank loans decision? Evidence from China," International Review of Financial Analysis, Elsevier, vol. 86(C).
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