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Results of Reflections on the Drivers and Mechanisms of ESG Corporate Performance Creation Based on Stakeholder Perspective

  • Shuyu CHEN*
  • , Tianze ZHANG
  • *Corresponding author for this work

Research output: Journal PublicationsJournal Article (refereed)peer-review

Abstract

The ESG concept, as a visual expression of the concept of sustainable development, plays an important role in the development of China’s current economic construction. As the main body of the market economy, enterprises are also an important carrier for realizing high-quality economic development and sustainable development of the society, and the ESG performance of enterprises has been highly valued by all walks of life, which advocates that enterprises should pay attention to the financial performance and at the same time, explore the performance of the environment, social responsibility, and corporate governance, so as to promote the enterprises to accurately identify the opportunities and risks in the more and more competitive market environment, and comprehensively practice the path of sustainable development. development path. Therefore, after understanding the ESG driving model and the role of internal and external stakeholders, this paper starts from the perspective of stakeholder support to explore the impact of an enterprise’s ESG performance on its performance, and to validate the impact of its ESG performance on the enterprise’s bi-dimensional innovation and its path, so as to obtain the results of the relevant impact analysis.
Original languageEnglish
Number of pages15
JournalAnnals of Economics and Finance
Volume25
Issue number1
Early online date19 Jun 2025
DOIs
Publication statusPublished - 2025

Bibliographical note

Publisher Copyright:
© (2025), (Central University of Finance and Economics). All rights reserved.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

Keywords

  • corporate performance
  • ESG
  • market performance
  • market response
  • stakeholders

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