张亿军:Trade networks and corporate ESG performance: Evidence from Chinese resource-based enterprises.

发布人:陈永佳 发布时间:2025-06-10 点击次数:

我校经济管理学院张亿军老师在T2级别期刊——《Journal of environmental management》上发表题为“Trade networks and corporate ESG performance: Evidence from Chinese resource-based enterprises”。论文第一作者张亿军为经济管理学院副教授。

Abstract / 摘要:

Trade network connects enterprises together, while its impact on corporate ESG performance is unknown. Drawing on unbalanced panel data of resource-based enterprises in China from 2009 to 2021, this study decomposes the trade network into purchasing network and sales network based on trade directions, and explores their impact on corporate ESG performance and the mechanisms involved. The findings indicate that: (1) The trade networks exhibit a negative correlation with corporate ESG performance. Meanwhile, purchasing network demonstrates a more pronounced adverse impact on corporate ESG than sales network. After a series of endogeneity tests, the above results still hold. (2) Heterogeneity analysis shows that trade networks have a more significant effect on the ESG performance of state-owned enterprises, mature enterprises and heavily polluting enterprises. And the most pronounced negative effect is observed in the governance (G) component of ESG. (3) Mechanism analysis reveals that trade networks negatively influence corporate ESG performance by impeding the progress of green innovation and internal control. (4) Accelerating digital transformation and intensifying government environmental regulations can mitigate the inhibitory impact of trade networks on corporate ESG performance. This study provides theoretical support and empirical evidence for resource-based enterprises to enhance ESG performance while reinforcing trade linkages.

论文信息;

Title/题目:

Trade networks and corporate ESG performance: Evidence from Chinese resource-based enterprises

Authors/作者:

Yijun Zhang; Jiale Wang; Yi Song

Keyword / 关键词

Centrality;ESG;Resource-based enterprises;Trade networks

Indexed by / 核心评价

AHCI;MEDLINE;SCI;Scopus;WAJCI

DOI: 10.1016/J.JENVMAN.2024.122079

全文链接:

https://libproxy.cug.edu.cn/https/443/gov/nih/nlm/ncbi/pubmed/yitlink/39106800/