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Academic Journal of Business & Management, 2024, 6(1); doi: 10.25236/AJBM.2024.060137.

The Impact of ESG Score on Stock Performance


Kang Zha

Corresponding Author:
Kang Zha

Business School, University of Nottingham, Nottingham, United Kingdom


As the concept of sustainable development takes root in the hearts of the people, many investment institutions around the world have listed ESG scores as one of the important indicators for investment decisions. The scale of ESG investments continues to expand, and the standards for ESG scores are constantly improving. Therefore, ESG investing is becoming more and more popular and has become a hot investment theme. It is against this background that this article analyzes the relationship between stock returns and volatility in China's A-share market and ESG ratings, explores the impact of ESG ratings on listed companies and investors, and promotes academic research in the field of ESG in China. It also provides suggestions for the development of ESG ratings in China's A-share market, providing a new perspective for related research in the field of ESG and corporate performance.


ESG investments, ESG rating, corporate performance, stock performance

Cite This Paper

Kang Zha. The Impact of ESG Score on Stock Performance. Academic Journal of Business & Management (2024), Vol. 6, Issue 1: 252-259. https://doi.org/10.25236/AJBM.2024.060137.


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