工业技术经济2025,Vol.44Issue(5):99-105,7.DOI:10.3969/j.issn.1004-910X.2025.05.010
ESG表现对流通业上市公司绩效的影响研究
Research on the Impact of ESG Performance on the Performance of Listed Companies in the Circulation Industry
刘晟奇 1黄志启2
作者信息
- 1. 悉尼大学规划学院,悉尼 2006
- 2. 华北水利水电大学管理与经济学院,郑州 100078
- 折叠
摘要
Abstract
The ESG concept is highly consistent with China's green,low-carbon and sustainable development strategies.Based on the data of listed companies in the circulation industry from 2012 to 2023,this paper takes ESG performance and market competition as threshold variables and empirically examines the nonlinear impact of ESG performance on the performance of listed companies in the circulation industry.The research findings are as follows:there is a single threshold between ESG performance and the performance of listed companies in the circulation industry that adopt ESG.As ESG performance improves,the impact of ESG performance on corporate performance shows a marginal decreasing trend.There is also a single threshold between ESG per-formance and corporate performance in the eastern region.When ESG performance crosses the threshold value,the impact of ESG performance on corporate performance will decrease,and no threshold effect is found between ESG performance and corporate per-formance in the central and western regions.There is a single threshold effect in the corporate performance effect of market competi-tion enabling ESG performance.As the degree of market competition intensifies,the impact of ESG performance on corporate per-formance shows a marginal increasing threshold effect.Under the influence of market competition,there is also a single threshold effect between ESG performance and corporate performance in the eastern region.关键词
流通业上市公司/ESG表现/企业绩效/市场竞争/门槛模型/流通体系/绿色低碳发展/可持续发展Key words
listed companies in the circulation industry/ESG performance/corporate performance/market competition/threshold model/circulation system/green and low-carbon development/sustainable development分类
管理科学引用本文复制引用
刘晟奇,黄志启..ESG表现对流通业上市公司绩效的影响研究[J].工业技术经济,2025,44(5):99-105,7.