Aug 2026· Frontiers in Business, Economics and Management· Vol 24, pp. 39-43· 0 citations· 7 references
Abstract
Amid the global sustainability movement and China's "dual carbon" commitments, ESG (Environmental, Social, and Governance) has become a pivotal driver of corporate transformation and long-term viability. This paper examines China Feihe Limited to investigate the relationship between ESG performance and financial outcomes over 2022–2025. The results suggest a non-linear relationship: during upswings, ESG contributes to profit growth through cost efficiencies and pricing power; during downturns, however, its inherent cost rigidity tends to amplify earnings volatility. Nevertheless, ESG-driven structural improvements and enhanced financial resilience can buffer downturns. The financial effects of ESG thus vary with the business cycle. Accordingly, firms should capitalize on its amplifying benefits during expansions while proactively managing cost rigidities in contractions, so as to strike a dynamic equilibrium between near-term profitability and sustained value creation.
In view of China's “dual carbon goals” (carbon neutrality and carbon peaking), the mechanisms and boundary conditions that form the basis of the relationship between corporate environmental, social, and governance (ESG) performance and financial performance have not been adequately explored. Using data on Chinese A‐s...
Hui-Min Shao, Qing Jin, Jia Zhou et al.· Corporate Social Responsibil...· 0 citations
Against the backdrop of China ' s " dual carbon " goals and the deepening of green finance, how corporate Environmental, Social, Governance (ESG) performance affects debt financing costs has become a critical issue. This study focuses on Trina Solar, a leading photovoltaic company, using its panel data and ESG reports...
Guo-Lin Hong· Highlights in Business, Econ...· 0 citations
This study aims to examine the role of Environmental, Social, and Governance (ESG) in enhancing firm value at PT Aneka Tambang Tbk (ANTAM) during the period 2019–2025. The research employs a descriptive quantitative approach using secondary data obtained from sustainability reports, annual reports, and official corpora...
Sri Suryaningsum, Tri Zulfian Ibrahim, Kusharyanti et al.· Journal of Accounting, Busin...· 0 citations
Environmental, Social, and Governance (ESG) criteria have gained widespread recognition as key markers of corporate long-term sustainability. For the energy sector, where operations have substantial environmental consequences, ESG adoption is increasingly viewed as a pathway to bolster financial outcomes and market wor...
Muhamad Ryan Hardiansyah, A. Mutasowifin· BIO Web of Conferences· 0 citations
This research investigates the impact of environmental, social, and governance (ESG) performance on the resilience of non-financial listed firms in Saudi Arabia. The analysis is based on a sample of 128 firms from 2014 to 2023 and employs a fixed-effects regression approach. The results indicate that ESG performance is...
H. G. Sulimany, Abdulrahman Atllah Alharbi, F. Alroqy et al.· Journal of East European Man...· 0 citations
This study examines the effects of circular economy business model adoption on ESG (environmental, social, and governance) and financial performance using panel data from 646 listed Chinese manufacturing firms (2016–2022). The results show that circular supply and resource recovery models significantly improve ESG pe...
Yu-Xin Yi, Liming Zhang, Peter Teirlinck et al.· Business Strategy and the En...· 0 citations
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