摘要
环境、社会和治理(ESG)作为可持续发展的基石,对推动区域经济发展有重要意义。基于2013—2022年沪深A股上市公司数据,实证分析了ESG表现对区域经济增长的积极作用。研究发现,ESG表现显著推进了区域经济发展,且这一发现在一系列严格的稳健性检验中得到了有力支撑。进一步进行机制分析发现,ESG通过强化创新能力与提升信息透明度,有效驱动了区域经济的正向增长。值得注意的是,此正面效应并不显著受限于产品市场的竞争态势,而是展现出一定的地域差异性,尤以东部与中部地区为甚,显示出这些区域实施ESG战略对经济发展的促进作用更为显著。此外,研究强调了社会与治理维度的ESG因素在地区经济发展中的核心地位。它们不仅是企业责任感的体现,更是区域经济转型升级的重要推手。
Environmental,Social,and Governance(ESG)factors,serving as the cornerstone of sustainable development,play a pivotal role in fostering regional economic development.Based on data from Shanghai and Shenzhen A-share listed companies from 2013 to 2022,this paper empirically analyzes the positive effect of ESG performance on regional economic growth.The study indicates that ESG performance notably propels regional economic development,and this finding is strongly supported by a series of rigorous robustness tests.Further mechanistic analysis reveals that ESG effectively drives positive regional economic growth through bolstering innovation capabilities and elevating information transparency.Notably,this positive impact is not significantly hindered by the product market competition,but exhibits geographical differences,particularly in eastern and central regions,implying that the implementation of ESG strategies in these regions exerts a more substantial influence on promoting economic development.Moreover,the study underscores the paramount importance of ESG factors in the social and governance dimensions within regional economic development.These dimensions are not merely a manifestation of corporate responsibility but also vital catalysts for regional economic transformation and upgrading.
作者
李明
唐春梅
LI Ming;TANG Chunmei(School of Management,Xihua University,Chengdu 610097,China)
出处
《开发研究》
2024年第6期121-130,共10页
Research On Development
基金
成都绿色低碳发展研究基地项目“成都市绿色金融与经济高质量发展:影响机制及效果”(LD23YB19)。
关键词
ESG表现
区域经济发展
创新能力
信息透明度
ESG performance
regional economic development
innovation capacity
information transparency
作者简介
李明(1987-),女,河南西平人,西华大学管理学院副教授;通信作者:唐春梅(2000-),女,四川大英人,西华大学管理学院硕士研究生。
