“Based on a sample of Chinese listed companies from 2009 to 2021, this study finds that environmental, social, and governance (ESG) performance has a positive impact on having a sustainable growth rate (SGR).”

[COMMENTARY] This study adds to a large body of studies indicating that ESG usually has a positive relationship with a company’s financial and sustainable performance.
Does ESG performance indicate corporate economic sustainability? Evidence based on the sustainable growth rate. February 24, 2024. By Zihao Lin, Institute of Guangdong, Hong Kong and Macao Development Studies, Sun Yat-sen University, China.