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The Relationship between Corporate ESG Performance and Green Innovation: An Empirical Analysis Using Stata’s Basic Regression Model

Wang Ziyi*

Abstract


This study uses data from Chinese A-share listed companies (2012–2021) and a multi-period difference-in-differences (DID) model
to examine the relationship between corporate ESG (Environmental, Social, and Governance) performance and green innovation. Results
show that higher ESG ratings significantly promote the growth of green patents, indicating a positive effect on corporate green transformation. The study also highlights the significant impact of control variables, such as firm size and listing duration, on green innovation. Regression analysis and parallel trend tests confirm the robustness of the model. These findings provide policy implications for governments, firms,
and investors to foster green innovation and sustainable development.

Keywords


ESG Performance; Green Innovation; Difference-in-Differences Model; A-Share Listed Companies; Sustainable Development

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References


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[3] HU Jie ,YU Xianrong ,HAN Yiming. Can ESG Rating Promote Green Transformation of Enterprises?[J]. The Journal of Quantitative & Technical Economics, 2023,40(07)

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DOI: http://dx.doi.org/10.18686/fm.v10i1.13932

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