制造业企业ESG表现与财务绩效关系研究基于协方差结构模型分析  

Research on the Relationship between ESG Performance and Financial Performance of Manufacturing Enterprises

作　　者：付裕 FU yu(School of Accounting and Finance,Wuxi Vocational and Technical College of Commerce,Wuxi 214153,China)

机构地区：[1]无锡商业职业技术学院会计金融学院,江苏无锡214153

出　　处：《南通职业大学学报》2024年第3期57-60,104,共5页Journal of Nantong Vocational University

基　　金：2023年度江苏省社科应用研究精品工程财经发展专项课题(23SCC-003);2024年度高校哲学社会科学研究一般项目(2024SJYB0710);2024年度无锡市哲学社会科学招标课题(WXSK24-C-50)。

摘　　要：采用协方差结构模型,分析了环境、社会、治理(environmental,social,governance,ESG)因素与制造业企业财务绩效之间的关系。结果表明:ESG的整体表现对财务绩效有显著的正向影响,尤其是治理因素,对财务绩效的贡献最为突出;不同行业对ESG实践的响应也显示出差异,反映出行业特性对企业ESG战略的影响。为此,制造业企业应加强治理,积极践行环境和社会责任,以促进财务表现和长期竞争力的提升。The covariance structure model is used to analyze the relationship between environmental,social,governance(ESG)factors and the financial performance of manufacturing enterprises.The results show that the overall performance of ESG has a significant positive impact on financial performance,especially governance factor,which makes the most remarkable contribution to financial performance,and different industries also make different responses to ESG practices,which reveals the influence of industry characteristics on corporate ESG strategies.Therefore,manufacturing enterprises should strengthen governance,actively shoulder the responsi bility for environment and society so as to improve the financial performance and boost the competitiveness in the long run.

关 键 词：环境、社会、治理(ESG) 财务绩效 协方差结构模型 制造业 行业特性 

分 类 号：X322[环境科学与工程—环境工程] F406.7[经济管理—产业经济]