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What is Industry Competition and ESG Performance about?

This article examines the impact of industry competition on corporate ESG performance, revealing that increased competition significantly enhances ESG scores from 2011 to 2023. The findings suggest that this improvement is driven by factors such as productivity, governance, and talent aggregation, with variations based on ownership structures and industry characteristics. The study provides insights for policymakers to foster ESG adoption and sustainable development through competitive pressures in the mark

Author

tamno eric

Language

EN