Author(s)

Manping Tang ¹, Xinghong Li ¹

Affiliation(s)

¹ College of Management, Sichuan Agricultural University, Chengdu, China

Corresponding Author

Xinghong Li

ABSTRACT

With the rapid economic development of countries, how to incentivise enterprises to practice ESG concepts and improve ESG performance has become a focus of attention. However, existing scholars mostly explore the influencing factors of ESG performance from the aspects of institutional environment and corporate structure, and few scholars start from transport infrastructure to study its impact on corporate ESG performance. Therefore, based on information asymmetry theory, principal-agent theory and stakeholder theory, this paper takes transport infrastructure as the research object to explore the impact of high-speed rail on the ESG performance of Chinese listed companies as a way to promote the sustainable development of enterprises. This paper selects A-share listed companies in Shanghai and Shenzhen from 2011 to 2020 as the research sample, and finds that (1) the opening of high-speed rail will enhance the ESG scores of enterprises. (2) The opening of high-speed railway will improve the ESG scores of enterprises through internal control.

KEYWORDS

Transport infrastructure, ESG, internal control

CITE THIS PAPER

Manping Tang, Xinghong Li, Transport Infrastructure, Internal Controls and ESG Scores. Accounting and Corporate Management (2024) Vol. 6: 159-163. DOI: http://dx.doi.org/10.23977/acccm.2024.060122.

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