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This study examines the influence of green finance on corporate ESG performance in China, highlighting regional disparities and the role of marketization, societal green attention, and technological innovation. It reveals that green finance is significantly associated with improved ESG performance, particularly in the economically advanced Eastern region. Marketization and societal emphasis on green practices are positively correlated with ESG scores, while the impact of new technologies, though positive, requires further research due to its statistical proximity to significance. This paper underscores the importance of adapting green finance strategies to regional economic contexts and suggests an expanded scope for future research to enhance the understanding of sustainable finance's role in corporate ESG outcomes.
Yi Zhao (Sun,) studied this question.
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