Keywords
Financial
Chinese technology
Submitted : 2024-09-23
Accepted : 2024-10-08
Published : 2024-10-23
Abstract
To date, the concept of sustainable development has gained global attention from companies and investors. One important reason for this is the increasing interest of investors in incorporating environmental, social, and governance (ESG) elements into their investments. The purpose of this dissertation is to analyze the correlation between ESG factor performance and corporate financial performance in Chinese technology enterprises. Additionally, the study focuses on Internet and medical technology companies to ensure relevance. The findings of the study provide guidance on ESG investment and sustainability for both companies and individual investors.
References
Agarwala N, Chaudhary RD, 2021, ‘Made in China 2025’: Poised for Success? India Quarterly, 77(3): 424–461. https://doi.org/10.1177/09749284211027250
Faccia A, Manni F, Capitanio F, 2021, Mandatory ESG Reporting and XBRL Taxonomies Combination: ESG Ratings and Income Statement, a Sustainable Value-Added Disclosure. Sustainability, 13(16): 8876. https://doi.org/10.3390/su13168876
Fu C, Min W, 2022, Research on the Control Path and Countermeasures of Net CO2 Emissions in Central China – Represented by Jiangxi Province. Environmental Technology, 44(25): 3867–3882. https://doi.org/10.1080/09593330.2022.2075795
Gao Y, Han KS, 2020, Managerial Overconfidence, CSR and Firm Value. Asia-Pacific Journal of Accounting & Economics, 29(6): 1600–1618. https://doi.org/10.1080/16081625.2020.1830558
Gregory RP, Stead JG, Stead E, 2020, The Global Pricing of Environmental, Social, and Governance (ESG) Criteria. Journal of Sustainable Finance & Investment, 11(4): 310–329. https://doi.org/10.1080/20430795.2020.1731786
Harrison VS, 2021, Does Your Corporation “Care”? Exploring An Ethical Standard for Communicating CSR Relationships Online. Public Relations Inquiry, 10(3): 333–356. https://doi.org/10.1177/2046147X211032913
He C, Lu J, Qian H, 2019, Entrepreneurship in China. Small Bus Econ, 52: 563–572. https://doi.org/10.1007/s11187-017-9972-5
Hang Seng Indexes, 2022, Hang Seng Internet & Information Technology Index, viewed August 6, 2022, https://www.hsi.com.hk/eng/indexes/all-indexes/hsiii
Hwang J, Kim H, Jung D, 2021, The Effect of ESG Activities on Financial Performance during the COVID-19 Pandemic—Evidence from Korea. Sustainability, 13(20): 11362. https://doi.org/10.3390/su132011362
International Monetary Fund (2020) World Economic Outlook, October 2020: A Long and Difficult Ascent, viewed August 6, 2022, https://www.imf.org/en/Publications/WEO/Issues/2020/09/30/world-economic-outlook-october-2020
Kabir MA, Chowdhury SS, 2022, Empirical Analysis of the Corporate Social Responsibility and Financial Performance Causal Nexus: Evidence from the Banking Sector of Bangladesh. Asia Pacific Management Review, 28(1): 1–12. https://doi.org/10.1016/j.apmrv.2022.01.003
Khalid F, Sun J, Huang G, et al., 2021, Environmental, Social and Governance Performance of Chinese Multinationals: A Comparison of State- and Non-State-Owned Enterprises. Sustainability, 13(7): 4020. https://doi.org/10.3390/su13074020
Khan SN, Loukil F, Ghedira-Guegan C, et al., 2021, Blockchain Smart Contracts: Applications, Challenges, and Future Trends. Peer-to-Peer Netw Appl, 14: 2901–2925. https://doi.org/10.1007/s12083-021-01127-0
Kim M, Yin X, Lee G, 2020, The Effect of CSR on Corporate Image, Customer Citizenship Behaviors, and Customers’ Long-Term Relationship Orientation. International Journal of Hospitality Management, 88: 102520. https://doi.org/10.1016/j.ijhm.2020.102520
Leonelli S, Lovell R, Wheeler BW, et al., 2021, From FAIR Data to Fair Data Use: Methodological Data Fairness in Health-Related Social Media Research. Big Data & Society, 8(1). https://doi.org/10.1177/20539517211010310