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Do stock investors in Mainland China care about corporate sustainability?
Corporate sustainability is an important issue in many parts of the world today. Many studies have pointed out that it will have an impact on share price performance. This article investigates the corporate sustainability aspect of the listed companies in the Mainland China A‐shares market. Our obje...
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Published in: | Business strategy & development 2022-06, Vol.5 (2), p.133-137 |
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Main Authors: | , , |
Format: | Article |
Language: | English |
Subjects: | |
Citations: | Items that this one cites Items that cite this one |
Online Access: | Get full text |
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Summary: | Corporate sustainability is an important issue in many parts of the world today. Many studies have pointed out that it will have an impact on share price performance. This article investigates the corporate sustainability aspect of the listed companies in the Mainland China A‐shares market. Our objective is to fill the gap in the previous studies conducted on Western markets and the Mainland China market. The constituent stocks in the Hang Seng (China A) Corporate Sustainability Index (HSCASUS) and the corresponding control stocks in the same industry were taken out and examined. The results of our study indicated that there was no significant relation between the stock return and corporate sustainability for the Mainland China A‐shares market. This research contributes to the promotion of corporate sustainability and provides a reference for the same topic in other emerging countries. |
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ISSN: | 2572-3170 2572-3170 |
DOI: | 10.1002/bsd2.144 |