How the Belt and Road Initiative Transforms Corporate ESG Performance: Insights from China’s Experience DOI Open Access

Fangnan Cui,

Yue Tan,

Bangwen Lu

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3700 - 3700

Published: April 19, 2025

This study examines the transformative potential of Belt and Road Initiative (BRI) in enhancing environmental, social, governance (ESG) performance Chinese companies, carrying significant implications for global sustainable development. Using data from listed companies 2009 to 2022, we employ a difference-in-differences approach rigorously assess impact BRI on corporate ESG elucidate underlying mechanisms. Our findings indicate that significantly enhances performance, with these results robustly validated through robustness checks. The analysis identifies two primary channels which affects performance: internal mechanisms, such as fostering technological innovation environmental disclosure, external including increased analyst attention expansion digital infrastructure. Additionally, observe variation BRI’s across different industries firm characteristics. Specifically, non-state-owned enterprises, high-growth large corporations, those located economically advanced regions exhibit most pronounced positive effects. research not only deepens understanding influence business practices but also provides valuable insights policymakers leaders. By leveraging BRI, can enhance their thus contributing broader sustainability objectives. underscore importance strategic engagement initiatives like achieving improvements enhanced social responsibility.

Language: Английский

Sustainability meets digital culture: the influence of ESG on financial performance in Malaysian manufacturing SMEs DOI

Farah Akhtar,

Abdelhak Senadjki, Vikniswari Vija Kumaran

et al.

Deleted Journal, Journal Year: 2025, Volume and Issue: unknown

Published: Feb. 28, 2025

Purpose This paper examines how environmental, social and governance (ESG) intercedes the relationship between digital organizational culture a firm’s financial performance. It sheds light on moderating role of government policy in Design/methodology/approach The research employed descriptive design, which surveyed 360 manufacturing firms from five Malaysian states. A quantitative study used application structural equation modeling (SEM) with SmartPLS version 4.0 to test hypothesized relationships. Findings Key findings unveil positive culture, intellectual capital Results also reinforce that ESG significantly mediates Additionally, demonstrates significant effect Hence inferring interchange corresponding these factors can determine Research limitations/implications study’s cross-sectional nature focus enterprises suggest prospects for longitudinal inquiries across diverse cultural contexts industry sectors. reliance self-reported data, while methodologically validated, signifies potential future mixed-method studies seize multi-layered insights into reporting. Originality/value outcomes contribute by extending nuanced perspective about impacts performance has practical implications SME managers policymakers incorporating sustainability agenda. increases our comprehension substantial boosting digitalization leads emerging economies.

Language: Английский

Citations

0
Sustainable Energy Investments: ESG-Centric Evaluation and Planning of Energy Projects DOI Creative Commons
Tetiana Zatonatska,

Oleksandr Soboliev,

Аrtem Аrtyukhov

et al.

Energies, Journal Year: 2025, Volume and Issue: 18(8), P. 1942 - 1942

Published: April 10, 2025

The integration of Environmental, Social, and Governance (ESG) criteria in investment decision-making is increasingly critical for evaluating energy projects. This study develops a structured, quantifiable framework using the Fuzzy DEMATEL method to assess rank ESG factors, addressing limitations traditional scoring-based models. proposed methodology systematically identifies most influential accounts their interdependencies, providing more comprehensive tool. analysis, based on expert evaluations, highlights dominant role renewable integration, resource efficiency, risk management determining project sustainability. results demonstrate that ensures transparent adaptable assessment process, supporting both investors policymakers navigating complex landscapes. also establishes scalable approach can incorporate financial performance indicators, enhancing practical applicability ESG-based evaluation.

Language: Английский

Citations

0
How the Belt and Road Initiative Transforms Corporate ESG Performance: Insights from China’s Experience DOI Open Access

Fangnan Cui,

Yue Tan,

Bangwen Lu

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(8), P. 3700 - 3700

Published: April 19, 2025

This study examines the transformative potential of Belt and Road Initiative (BRI) in enhancing environmental, social, governance (ESG) performance Chinese companies, carrying significant implications for global sustainable development. Using data from listed companies 2009 to 2022, we employ a difference-in-differences approach rigorously assess impact BRI on corporate ESG elucidate underlying mechanisms. Our findings indicate that significantly enhances performance, with these results robustly validated through robustness checks. The analysis identifies two primary channels which affects performance: internal mechanisms, such as fostering technological innovation environmental disclosure, external including increased analyst attention expansion digital infrastructure. Additionally, observe variation BRI’s across different industries firm characteristics. Specifically, non-state-owned enterprises, high-growth large corporations, those located economically advanced regions exhibit most pronounced positive effects. research not only deepens understanding influence business practices but also provides valuable insights policymakers leaders. By leveraging BRI, can enhance their thus contributing broader sustainability objectives. underscore importance strategic engagement initiatives like achieving improvements enhanced social responsibility.

Language: Английский

Citations

0