Financial Metrics and Environment, Social, Governance (ESG) Performance: A Cross Border Comparison of China and the UK Construction Industries DOI Creative Commons
Héctor Martín,

Yuheng Zhou,

Raghu Raman

et al.

Buildings, Journal Year: 2025, Volume and Issue: 15(8), P. 1236 - 1236

Published: April 9, 2025

Environmental, social, and governance (ESG) performance has become a pivotal factor for multinational corporations, especially within resource-intensive sectors like construction. This study explores how financial indicators—specifically liquidity, profitability, leverage ratios—influence ESG outcomes under differing institutional conditions in China the United Kingdom. Employing quantitative approach via ridge regression analysis on data from 96 construction firms, research identifies key predictors of develops predictive model to assess cross-regional applicability. The results demonstrate that liquidity profitability are significant drivers outcomes, with their impact varying according frameworks—where regulatory compliance government incentives dominate China, market-driven pressures prevail UK. Although exhibits strong accuracy, it also underscores contextual sensitivity metrics shaping practices. extent which serves as stabilising force or an amplifier risk depends disclosure levels deeper integration principles into corporate strategy, management, capital allocation. These findings contribute sustainable finance resource dependence theories, offering opportunities policymakers refine frameworks, investors pinpoint financially resilient leaders, firms align strategies development goals.

Language: Английский

Financial Metrics and Environment, Social, Governance (ESG) Performance: A Cross Border Comparison of China and the UK Construction Industries DOI Creative Commons
Héctor Martín,

Yuheng Zhou,

Raghu Raman

et al.

Buildings, Journal Year: 2025, Volume and Issue: 15(8), P. 1236 - 1236

Published: April 9, 2025

Environmental, social, and governance (ESG) performance has become a pivotal factor for multinational corporations, especially within resource-intensive sectors like construction. This study explores how financial indicators—specifically liquidity, profitability, leverage ratios—influence ESG outcomes under differing institutional conditions in China the United Kingdom. Employing quantitative approach via ridge regression analysis on data from 96 construction firms, research identifies key predictors of develops predictive model to assess cross-regional applicability. The results demonstrate that liquidity profitability are significant drivers outcomes, with their impact varying according frameworks—where regulatory compliance government incentives dominate China, market-driven pressures prevail UK. Although exhibits strong accuracy, it also underscores contextual sensitivity metrics shaping practices. extent which serves as stabilising force or an amplifier risk depends disclosure levels deeper integration principles into corporate strategy, management, capital allocation. These findings contribute sustainable finance resource dependence theories, offering opportunities policymakers refine frameworks, investors pinpoint financially resilient leaders, firms align strategies development goals.

Language: Английский

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