Li, Meiyi; Gan, Yufei - In: Economics : the open-access, open-assessment journal 19 (2025) 1, pp. 1-21
The variability in environmental, social, and governance (ESG) ratings poses challenges for investors and companies. Drawing on data from Chinese A-share listed firms (2015-2023), we show that corporate charitable donations (CCD) significantly reduce ESG rating uncertainty (ESGSTD), reinforced...