Striving for sustainable development: Green financial policy, institutional investors, and corporate ESG performance

Striving for sustainable development: Green financial policy, institutional investors, and corporate ESG performance Abstract Environmental, social, and governance (ESG) practices play an increasingly important role in achieving sustainable development goals. Drawing on institutional theory, this paper empirically explores whether and how green financial policy affects corporate ESG performance. Taking China's pilot policy for green finance reform and innovation (GFP) as a quasi‐natural experim...