Does corporate ESG Performance have an Impact on Financial Distress
Abstract
how the ESG performance of enterprises affects the financial difficulties of enterprises has received widespread attention. This paper examines the impact of ESG performance on corporate financial distress. Empirical analysis of data from 437 listed companies from 2012 to 2019
shows that ESG performance can reduce the likelihood of companies falling into financial distress.
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DOI: http://dx.doi.org/10.18686/fm.v9i3.12773
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