The Impact of Corporate ESG Performance on Stock Liquidity: Evidence from Chinese A-Share Listed Companies
DOI:
https://doi.org/10.54097/mt0j8w56Keywords:
Corporate ESG performance, Stock liquidity, Listed companies.Abstract
This paper examines the impact of corporate ESG performance on stock liquidity using a sample of Chinese A-share listed companies from 2015 to 2022. The results show that good corporate ESG performance significantly enhances stock liquidity. The conclusion remains robust after a series of robustness tests. This study provides empirical evidence for the positive effect of ESG performance on stock liquidity and offers insights for improving ESG-related policies in China.
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