DOAJ Open Access 2022

Does ESG Disclosure Help Improve Intangible Capital? Evidence From A-Share Listed Companies

Wu Jun Zheng Shiyong Zheng Shiyong Tang Yi

Abstrak

With the disclosure of ESG, the investment related to ESG disclosure has increased, and the trend of changes in intangible capital has shown an “inverted S-shaped” curve. The research shows that, in the initial stage of investment in ESG construction, new ESG investments increase intangible capital. With the increase in ESG investment and the advancement of time, the positive effect of the increase in ESG scores on intangible capital begins to appear and gradually offsets the cost of ESG investment. However, when the ESG score of a company is raised to a certain level, the marginal effect of continuing to increase ESG investment will reduce the increase in intangible capital.

Topik & Kata Kunci

Environmental sciences

Penulis (4)

Wu Jun

Zheng Shiyong

Tang Yi

Format Sitasi

APA MLA BibTeX

Jun, W., Shiyong, Z., Shiyong, Z., Yi, T. (2022). Does ESG Disclosure Help Improve Intangible Capital? Evidence From A-Share Listed Companies. https://doi.org/10.3389/fenvs.2022.858548

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Informasi Jurnal

Tahun Terbit: 2022
Sumber Database: DOAJ
DOI: 10.3389/fenvs.2022.858548
Akses: Open Access ✓