Environmental, social and governance assets: quality of public firm exports

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Analysis reveals green innovation boosts product quality in export-oriented firms, suggesting ESG investments enhance competitiveness.

ESG performance improves export product quality significantly, indicating a potential economic advantage.
A one-level increase in ESG rating correlates with a 1.25% rise in product quality, revealing significant metrics.
Panel data analysis across 921 firms utilized OLS and addressed endogeneity through instrumental variables.
Findings support broader ESG disclosures and sustainable practices to enhance international trade efficacy.

Liao et al. (2025) studied this question.

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