Using a large sample of Chinese companies' domestic M&A, this study provides new evidence on the financial payback of corporate ESG and its dynamics. We find that acquirers’ ESG rating is positively correlated to post-M&A performance and deal completion likelihood. Additionally, we find the...

This paper examines the relationship between corporate ownership structure and greenhouse gas (GHG) emissions. We find that institutional ownership significantly reduces corporate GHG emissions in China. We also observe that pressure-resistant institutional investors and qualified foreign...

This paper examines the relationship between corporate ownership structure and greenhouse gas (GHG) emissions. We find that institutional ownership significantly reduces corporate GHG emissions in China. We also observe that pressure-resistant institutional investors and qualified foreign...