Предмет. Влияние ESG и его отдельных компонентов экологического, социального и корпоративного управления на финансовые показатели публичных компаний Китая. Цели. Выявить компоненты ESG, оказывающие наибольшее влияние на рентабельность и рыночную оценку компаний. Методология. Применялись методы анализа и синтеза. Использованы модель фиксированных эффектов по отраслям и годам, рейтинг HuaZheng. Результаты. Установлено, что рейтинг ESG и все его компоненты имеют устойчивое положительное влияние на рентабельность активов. При этом наибольшее влияние оказывает корпоративное управление, в то время как экологические и социальные аспекты проявляют относительно слабые эффекты. Это связано с затратами времени и финансовыми издержками, так как инновации зеленых технологий требуют больших капиталовложений, но их окупаемость откладывается. Выводы. Предприятия имеют возможность достичь краткосрочной финансовой выгоды путем улучшения качества корпоративного управления. Тем не менее крайне важно уделять особое внимание вопросам экологического и социального управления, чтобы в будущем они не превратились в источники регуляторных рисков.
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