Study on Green Credit Policy and Enterprise ESG Performance

DOI

10.2991/978-94-6463-270-5_24How to use a DOI?

Keywords

green credit policy; corporate ESG performance; Green finance

Abstract

Green finance can promote environmental governance, guide enterprise resources from high pollution to environmentally friendly. At present, the green finance policy of our country is advancing steadily, and has made great progress in the fields of credit, bonds and funds. This paper examines the impact of green credit policies on ESG performance using ESG performance score data. The results show that the enforcement of green lending policies can contribute to the improvement of corporate ESG performance, which is still important after testing for reliability, and proves that information transparency and internal costs of the agency are two mechanisms. This study provides evidence from the green credit policy perspective for understanding the improvement of corporate ESG performance in the context of green finance.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - JingTing Wang
PY  - 2023
DA  - 2023/10/29
TI  - Study on Green Credit Policy and Enterprise ESG Performance
BT  - Proceedings of the 3rd International Conference on Internet Finance and Digital Economy (ICIFDE 2023)
PB  - Atlantis Press
SP  - 231
EP  - 237
SN  - 2667-1271
UR  - https://doi.org/10.2991/978-94-6463-270-5_24
DO  - 10.2991/978-94-6463-270-5_24
ID  - Wang2023
ER  -