Green Response: The Impact of Climate Risk Exposure on ESG Performance DOI Open Access
Yin Tang, Da Gao,

Xuemei Zhou

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(24), P. 10895 - 10895

Published: Dec. 12, 2024

Climate risk’s effects on society and economic development are becoming more pronounced, enterprises have to seize the opportunity for green transformation. Based public company data from 2011 2022, this study explores causal relationship between climate risk exposure (CRE) ESG performance by using a two-way fixed effect mode. The results indicate that CRE significantly enhances firms’ performance, which makes improvements in environmental practices. impact of promotion is particularly pronounced state-owned low-polluting businesses. In addition, it can improve through potential channels, such as employing executives, improving protection, boosting innovation. Meanwhile, digital level financing constraints play an effective moderating role. Further discussion shows increase has prompted firms fulfill responsibilities reduce carbon emissions. This provides new quantitative evidence how respond risk, expanding existing research performance. It further examines specific path companies’ transformation firm-level insights policymakers address change. These enrich theoretical system management help strengthen awareness cope with sustainable development.

Language: Английский

Climate risk and predictability of global stock market volatility DOI
Mingtao Zhou, Yong Ma

Journal of International Financial Markets Institutions and Money, Journal Year: 2025, Volume and Issue: 101, P. 102135 - 102135

Published: March 6, 2025

Language: Английский

Citations

0
Physical vs. Transition climate risks: Asymmetric effects on stock return predictability DOI
Mingtao Zhou, Yong Ma

International Review of Financial Analysis, Journal Year: 2025, Volume and Issue: unknown, P. 104266 - 104266

Published: May 1, 2025

Language: Английский

Citations

0
Green Response: The Impact of Climate Risk Exposure on ESG Performance DOI Open Access
Yin Tang, Da Gao,

Xuemei Zhou

et al.

Sustainability, Journal Year: 2024, Volume and Issue: 16(24), P. 10895 - 10895

Published: Dec. 12, 2024

Climate risk’s effects on society and economic development are becoming more pronounced, enterprises have to seize the opportunity for green transformation. Based public company data from 2011 2022, this study explores causal relationship between climate risk exposure (CRE) ESG performance by using a two-way fixed effect mode. The results indicate that CRE significantly enhances firms’ performance, which makes improvements in environmental practices. impact of promotion is particularly pronounced state-owned low-polluting businesses. In addition, it can improve through potential channels, such as employing executives, improving protection, boosting innovation. Meanwhile, digital level financing constraints play an effective moderating role. Further discussion shows increase has prompted firms fulfill responsibilities reduce carbon emissions. This provides new quantitative evidence how respond risk, expanding existing research performance. It further examines specific path companies’ transformation firm-level insights policymakers address change. These enrich theoretical system management help strengthen awareness cope with sustainable development.

Language: Английский

Citations

0