Shi, Yongdong; Zheng, Shijie; Zhen, Hongxian - In: China journal of accounting research : CJAR 17 (2024) 4, pp. 1-25
incorporate Chinese characteristics, to assess the impact of ESG performance on corporate debt financing costs. Our findings … indicate that better CSI ESG scores are correlated with lower debt financing costs. Additionally, improvements in local … environmental execution enhance the effect of CSI ESG scores on debt financing costs. However, this effect diminishes with increased …