Correlation between Earnings Management Behavior and Corporate Performance Based on ESG Rating

The purpose of this study is to deeply explore how ESG (Environmental, Social and Governance) rating affects the earnings management behavior of enterprises, and further analyze the impact of this behavior on corporate performance. By constructing theoretical framework and research hypothesis, this paper makes an empirical analysis of the correlation between ESG rating, earnings management and corporate performance by using multiple linear regression model. The results show that enterprises with high ESG rating often show more standardized earnings management behavior, which has a significant positive impact on corporate performance. This discovery provides a new idea for enterprises to improve their performance, and also provides an important reference for investors to evaluate the value of enterprises. This study not only enriches the theoretical system of the relationship between ESG rating and earnings management, but also provides useful guidance for enterprise management practice and investment decision.