【论文信息】

Yao M（姚梅洁）, Chen W（陈伟）. Enhancing ESG performance through public fund shareholding[J]. Finance Research Letters, 2025, 76: 107032.（中科院SSCI二区Top期刊）

https://doi.org/10.1016/j.frl.2025.107032

【作者信息】

第一作者：姚梅洁，博士、讲师，研究方向：制度环境、企业行为和政商关系。

通讯作者：陈伟，博士、教授，研究方向：企业管理、技术创新管理。

【论文摘要】

Using sample data from Chinese A-shared listed companies from 2016 to 2022, this study investigates the impact of increasing public fund shareholding on the companies’ environmental, social, and governance (ESG) performance. Findings reveal that a higher amount of public fund shareholding positively influences listed companies’ ESG performance. This positive effect is more pronounced in regions with robust economic development. Furthermore, public fund shareholding increases the transparency of corporate information, facilitating the improvement of corporate ESG performance.