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Author

Jiahui Guo

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Jul 2026

ESG ‐Oriented Institutional Ownership and Corporate Real Investment: Evidence From China

This study explores whether institutional investors' ESG preferences affect firms' real investment decisions in China. Using quarterly panel data from Q1 2009 to Q4 2023, we construct a measure of ESG‐oriented institutional ownership ( ESGIO ) and find that firms with higher ESGIO exhibit significantly greater ca...

T. Tang, Jiahui Guo, Rosie Parker et al. · 0 citations

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