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The impact of firm's ESG performance on the skill premium: Evidence from China's green finance reform pilot zone
16 references·9 citing·52 second hop
The impact of firm's ESG performance on the skill premium: Evidence from China's green finance reform pilot zone (2024)The impact of firm's ESG performance on t…Tasks, Automation, and the Rise in U.S. Wage Inequality (2022)Tasks, Automation, and the Ri…Demand for green finance: Resolving financing constraints on green innovation in China (2021)Demand for green finance: Res…Can the green credit policy stimulate green innovation in heavily polluting enterprises? Evidence from a quasi-natural experiment in China (2021)Can the green credit policy s…Greenwashing in environmental, social and governance disclosures (2020)Greenwashing in environmental…The way to induce private participation in green finance and investment (2019)The way to induce private par…Do institutional investors drive corporate social responsibility? International evidence (2018)Do institutional investors dr…Active Ownership (2015)Active OwnershipEnvironmental Externalities and Cost of Capital (2014)Environmental Externalities a…The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness? (2013)The Porter Hypothesis at 20: …Corporate Social Responsibility and Credit Ratings (2013)Corporate Social Responsibili…The environment and directed technical change (2012)The environment and directed …Common Errors: How to (and Not to) Control for Unobserved Heterogeneity (2012)Common Errors: How to (and No…Capital-skill Complementarity and Inequality: A Macroeconomic Analysis (2000)Capital-skill Complementarity…Toward a New Conception of the Environment-Competitiveness Relationship (1995)Toward a New Conception of th…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Capital-Skill Complementarity (1969)Capital-Skill ComplementarityThe greening power of networks: Spillover effect of environmental penalties in director networks (2025)The greening power of network…Policy, investment, and growth: How green finance drives corporate sustainable development? 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(2025)How does green finance reform…Green finance reform pilot zones promote green technology innovation in industrial enterprises (2025)Green finance reform pilot zo…The impact of green finance on labor income share: Evidence from green finance reform and innovation pilot zone (2024)The impact of green finance o…Social Trust, Environmental Violations, and Remedial Actions in China (2024)Social Trust, Environmental V…From greenwashing to genuine sustainability: Insights from FinTech and banking executives in emerging market experience (2024)From greenwashing to genuine …Data factor agglomeration and urban green finance: A quasi-natural experiment based on the National Big Data Comprehensive Pilot Zone (2024)Data factor agglomeration and…Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Dependence and Growth (1996)Competitive Advantage: Creating and Sustaining Superior Performance (1985)The Competitive Advantage of Nations (1991)Redefining innovation — eco-innovation research and the contribution from ecological economics (2000)Green supply‐chain management: A state‐of‐the‐art literature review (2007)The roads ahead: Narratives for shared socioeconomic pathways describing world futures in the 21st century (2015)Survey of current business (1921)Changes in Relative Wages, 1963-1987: Supply and Demand Factors (1992)Wage Inequality and the Rise in Returns to Skill (1993)Why Do New Technologies Complement Skills? Directed Technical Change and Wage Inequality (1998)Changes in the Wage Structure and Earnings Inequality (1999)Technical Change, Inequality, and the Labor Market (2002)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)The impact of corporate social responsibility on the cost of bank loans (2010)Do Investors Care about Carbon Risk? (2019)The Importance of Climate Risks for Institutional Investors (2019)Sustainable investing in equilibrium (2020)Econometric Analysis of Cross Section and Panel Data (2001)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating dynamic panel models in corporate finance (2012)Credit supply and corporate innovation (2013)Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2016)Econometric Analysis of Panel Data (2021)Legal Determinants of External Finance (1997)Law and Finance (1998)Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2017)Corporate green bonds (2021)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)Green and competitive: ending the stalemate (1995)Environmental Regulation and Innovation: A Panel Data Study (1997)Environmental Policy and Directed Technological Change: Evidence from the European Carbon Market (2014)Environmental regulation, green technology innovation, and industrial structure upgrading: The road to the green transformation of Chinese cities (2021)Innovation and Growth in the Global Economy. (1993)Endogenous Growth Theory (1999)The Economics of Climate Change: The Stern Review (2007)What Do We Learn from the Weather? The New Climate-Economy Literature (2014)Carbon Taxes, Path Dependency, and Directed Technical Change: Evidence from the Auto Industry (2016)Financing Innovation: Evidence from R&D Grants (2017)Financing Constraints and Corporate Investment (1988)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Green technology innovations, urban innovation environment and CO2 emission reduction in China: Fresh evidence from a partially linear functional-coefficient panel model (2021)How does green finance affect green total factor productivity? Evidence from China (2022)Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China (2022)Corporate Governance and Equity Prices (2003)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)
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References

  • 1995Toward a New Conception of the Environment-Competitiveness Relationship13,329 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 2012The environment and directed technical change3,771 cited
  • 2018Do institutional investors drive corporate social responsibility? International evidence2,545 cited
  • 2000Capital-skill Complementarity and Inequality: A Macroeconomic Analysis2,103 cited
  • 2013The Porter Hypothesis at 20: Can Environmental Regulation Enhance Innovation and Competitiveness?1,923 cited
  • 2014Environmental Externalities and Cost of Capital1,834 cited
  • 2015Active Ownership1,241 cited
  • 2021Demand for green finance: Resolving financing constraints on green innovation in China1,239 cited
  • 2012Common Errors: How to (and Not to) Control for Unobserved Heterogeneity1,156 cited
  • 2020Greenwashing in environmental, social and governance disclosures1,138 cited
  • 1969Capital-Skill Complementarity1,135 cited
  • 2021Can the green credit policy stimulate green innovation in heavily polluting enterprises? Evidence from a quasi-natural experiment in China790 cited
  • 2013Corporate Social Responsibility and Credit Ratings784 cited
  • 2019The way to induce private participation in green finance and investment

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750 cited
  • 2022Tasks, Automation, and the Rise in U.S. Wage Inequality712 cited
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    • 2025Investor attention, ESG strength, and green innovation efficiency: A two-stage network DEA approach for Chinese listed manufacturers35 cited
    • 2024The impact of green finance on labor income share: Evidence from green finance reform and innovation pilot zone30 cited
    • 2024From greenwashing to genuine sustainability: Insights from FinTech and banking executives in emerging market experience29 cited
    • 2025Green finance reform pilot zones promote green technology innovation in industrial enterprises18 cited
    • 2025Policy, investment, and growth: How green finance drives corporate sustainable development?17 cited
    • 2025The greening power of networks: Spillover effect of environmental penalties in director networks7 cited