Deng, Mingjun; Peng, Ren; Luo, Wenbing - 2023
mainstream, we deeply analyzed the impact of common ownership on ESG performance. We found that common ownership plays a synergy … effect and promotes ESG performance. The conclusion is still valid after using two-step estimation,2SLS, PSM and other test … synergy effect and improve ESG performance by increasing executive compensation incentives and reducing corporate debt costs …