Research

An empirical study on the ESG performance of enterprises and high-quality development of talents
Presentation on my research
An empirical study
on the ESG performance of enterprises and high-quality development of talents


1 / Motivation
The insufficient cross-research on ESG and related concepts regarding talents has restricted people's understanding of ESG and the implementation of relevant regulations, thereby affecting efficiency and effectiveness.
2 / Literature Review
ESG attracts talents, promotes the improvement of working conditions, drives urban ecological protection, and mutually benefits with talents. Human capital management is positively correlated with ESG.
3 / Research Design
Select the ESG and employee data of A-share listed companies from Shanghai, Jiangsu and Zhejiang in CNRDS from 2010 to 2023. The sample size is 10,090. The independent variables are ESG and the scores of E, S, and G; the dependent variables are average salary and the proportion of postgraduate degree holders; the control variables are province and industry. Use descriptive statistics, independent sample T-test, regression analysis, and group regression (based on the median enterprise size of 1,475 people).
4 / Data Analysis
Descriptive Statistical Analysis


Regression Analysis--Average salary

Regression Analysis--Postgraduate employee proportion





1. Salary Impact
E and S are negatively correlated with salary (E is significant), while G is positively correlated; the salary of small enterprises has a more sensitive negative impact on S and a positive impact on G.
2. Educational Background Impact
E and S are negatively correlated with the proportion of postgraduate degree holders (G has no significant impact); the proportion of postgraduate degree holders in large enterprises has a more sensitive negative impact on E, a positive impact on S, and a more prominent positive impact on small enterprises.
3. Application Policy
Cities should optimize talent policies in combination with ESG; small enterprises should optimize governance to increase salaries, and large enterprises should disclose plans to enhance social responsibility appeal.
4. Practice
Provide ESG assessment references for investors, laying the foundation for subsequent research in specific industries and across regions.



