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The Impact of Public Participation on Corporate ESG Performance

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DOI: 10.23977/ferm.2024.070622 | Downloads: 18 | Views: 550

Author(s)

Rijing Lu 1

Affiliation(s)

1 School of Economics, Guangxi University, Nanning, 530000, China

Corresponding Author

Rijing Lu

ABSTRACT

The "Carbon Peak and Carbon Neutrality" strategy (hereinafter referred to as the "Dual Carbon" strategy) is a significant initiative for China's economic and social development in the new era. Enhancing corporate ESG (Environmental, Social, and Governance) performance through public participation is a crucial pathway to achieving the "Dual Carbon" goals. It also represents a pressing topic at the intersection of public governance and economics that demands further exploration. Corporate ESG performance reflects the sustainability of a company's operations and its impact on societal values. Strong ESG performance can accelerate the transition toward a green economy. Building on a review of relevant literature on corporate ESG performance, public governance, and policy uncertainty, this paper clarifies the impact of public participation on corporate environmental performance. It also summarizes the contributions and limitations of existing studies, providing a valuable academic reference for future research on stakeholder participation and corporate ESG performance.

KEYWORDS

the "Dual Carbon" Strategy, Corporate ESG Performance, Public Governance, Policy Uncertainty

CITE THIS PAPER

Rijing Lu, The Impact of Public Participation on Corporate ESG Performance. Financial Engineering and Risk Management (2024) Vol. 7: 166-172. DOI: http://dx.doi.org/10.23977/ferm.2024.070622.

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