Xue, Qihang; Wang, Huimin; Ji, Xiaole; Wei, Jian - In: China journal of accounting research : CJAR 16 (2023) 3, pp. 1-28
-level municipal government, which effectively enables the centralization of local governments. Based on this exogenous quasi …-natural experiment, we use a difference-in-differences (DID) approach to empirically examine the impact of prefecture-level municipal … government centralization on companies’ ESG performance. The results show that municipal government centralization can …