业务
信用评级
价值(数学)
会计
工商管理
精算学
数学
统计
标识
DOI:10.1016/j.irfa.2024.103376
摘要
This paper, based on non-financial and non-insurance listed companies in the Chinese capital market, empirically tests the relationship between corporate ESG ratings, business credit acquisition, and corporate value. The empirical research results show a significant positive correlation between corporate ESG ratings and corporate value, indicating that higher corporate ESG ratings are beneficial for enhancing corporate value. Further mechanism tests reveal that corporate ESG ratings can promote corporate value enhancement by improving the acquisition of business credit. The aforementioned research conclusions remain valid after a series of robustness tests. The findings of this paper provide direct empirical evidence for further enhancing corporate value and promoting high-quality development of enterprises.
科研通智能强力驱动
Strongly Powered by AbleSci AI