Additionally, heterogeneity analysis reveals that the influence of fintech development on ESG performance is consistent across both large and small firms operating in high-tech industries. In other words, this emphasizes fintech development’s role in promoting sustainable social and economic development,...
Hackathons focused on ESG challenges are a fun way for fintechs to use their tech prowess for the greater good. 27th March 2024 (Fin)tech for good? The ‘tech for good’ movement has the potential to effect real and positive global technological change. ...
How you can prepare today for investor-grade, tech-enabled reporting US PwC Insights31 May 2023Read more Cookies: The choice is yours We use cookies to make our site work well for you and so we can continually improve it. The cookies that are necessary to keep the site functioning are al...
Understanding how policy adaptation influences firms’ shift toward sustainability is a crucial global issue. In response, this paper investigates the impact of China’s environmental vertical management reform (EVMR) on corporate environmental, social,
Emphasis on DEI "Data demonstrates that diverse teams outperform their homogenous peers. This has been true for investment funds and firms, and public companies," Heimburger says. "However, 99% of institutional assets today are invested by predominantly white, male teams." ...
The paper examines whether green innovation, ESG performance, and corporate reputation influence the stock market performance of listed firms in China. Ini
(3) Heterogeneity analysis reveals that the positive effect of ESG performance on financial flexibility is more pronounced in high-tech firms and non-heavily-polluted firms. (4) Sub-dimensional analysis shows that corporate governance has a more significant impact on financial flexibility enhancement ...
To explain why firms focus on ESG aspects, stakeholder theory posits that maximizing economic profit is no longer the ultimate goal of a firm and that in the long run, the overall value of a firm will be maximized when the interests of shareholders and other stakeholders are aligned (Laplume...
2.2. Moderating Effect of Financial Constraints on ESG Performance and Financial Performance Financial constraints are one of the main impediments to the improvement of CFP. Presently, the financial environment in China is still imperfect, and business firms commonly encounter the issue of financial cons...
Environmental, social, and governance (ESG) investing is used to screen investments based on corporate policies and to encourage companies to act responsibly. Many brokerage firms offer investment products that employ ESG principles. ESG investing can help portfolios avoid holding companies engaged in ri...