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

Fangnan Cui,

Yue Tan,

Bangwen Lu

и другие.

Sustainability, Год журнала: 2025, Номер 17(8), С. 3700 - 3700

Опубликована: Апрель 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.

Язык: Английский

Technological Cooperation for Sustainable Development Under the Belt and Road Initiative and the Sustainable Development Goals: Opportunities and Challenges DOI Open Access
Shuhong Peng, Jing Qian, Xiuwei Xing

и другие.

Sustainability, Год журнала: 2025, Номер 17(2), С. 657 - 657

Опубликована: Янв. 16, 2025

The Belt and Road Initiative (BRI) promotes sustainable development in the participating countries by facilitating technology transfer, talent development, industrial upgrading. Technological cooperation under BRI plays a crucial role helping these achieve Sustainable Development Goals (SDGs). However, also faces significant challenges, including geopolitical, economic, social, environmental, legal risks. This paper reviews current research on technological cooperation, covering models, influencing factors, mechanisms, economic social impacts of such cooperation. It examines both opportunities challenges involved provides policy recommendations action plans. review offers valuable insights for researchers interested contributes to advancing countries.

Язык: Английский

Процитировано

2
How the Belt and Road Initiative Transforms Corporate ESG Performance: Insights from China’s Experience DOI Open Access

Fangnan Cui,

Yue Tan,

Bangwen Lu

и другие.

Sustainability, Год журнала: 2025, Номер 17(8), С. 3700 - 3700

Опубликована: Апрель 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.

Язык: Английский

Процитировано

0