Zhihua Xie

Listing-Time PE Involvement, ESG Talk–Do Correspondence, and Private Firms’ Productive Development

Using panel data on Chinese A-share listed private enterprises from 2009 to 2023, this study examines the relationships among listing-time private equity (PE) backing, ESG communication, externally rated ESG practices, and subsequent total factor productivity (TFP). TFP is interp...