The Impact of Economic Policy Uncertainty on The Corporate ESG Performance
DOI:
https://doi.org/10.54097/fbem.v11i2.12565Keywords:
Economic policy uncertainty; ESG; Sustainable development.Abstract
With the continuous deterioration of the global climate, ecological governance is gradually paid attention to by all countries, and green and sustainable development has also become an important indicator for investors to measure the development of enterprises. Based on the data of A-share listed companies in 2014-2022, this paper considers the impact of economic policy uncertainty on the ESG performance of enterprises from A macro perspective. The study found that the economic policy uncertainty has a negative impact on the ESG performance of enterprises, but the conclusions are different under different property rights properties. The rise of economic policy uncertainty has a positive impact on state-owned enterprises and a negative impact on non-state-owned enterprises.
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