ESG and Cash Holdings: An Empirical Study of Chinese Listed Firms
As the climate crisis has intensified in the 21st century, the role of ESG has become increasingly important in the international community. As the largest developing country, China has also been actively promoting ESG development. In September 2020, at the United Nations Climate Summit, China announced its “dual carbon” targets—to reach peak carbon emissions by 2030 and achieve carbon neutrality
