arbiter
JournalsAccount

Green Credit and ESG Performance in Construction Enterprises

Yongmin Zhang et al.

Economics & Politics2026https://doi.org/10.1111/ecpo.70034article
AJG 2ABDC A
Weight
0.41

Abstract

Against the backdrop of escalating global environmental challenges, green finance has gained prominence as a critical instrument for advancing sustainability. This study investigates the impact and mechanisms of green credit policies on the environmental, social, and governance (ESG) performance of construction companies. Using a sample of Chinese A‐share listed firms from 2009 to 2023 and employing a Propensity Score Matching–Difference‐in‐Differences approach, the findings reveal that green credit significantly enhances the overall ESG scores of construction enterprises, primarily through green technology innovation and charitable activities. Heterogeneity analysis indicates that the policy effect is stronger in civil engineering and building construction, but limited in decoration and installation sectors. Firms in eastern China respond more strongly than those in central and western regions. The study recommends that enterprises optimize green innovation and social responsibility investments, while policymakers should strengthen regional coordination and adopt sector‐specific incentive measures.

2 citations

Open via your library →

Cite this paper

https://doi.org/https://doi.org/10.1111/ecpo.70034

Or copy a formatted citation

@article{yongmin2026,
  title        = {{Green Credit and ESG Performance in Construction Enterprises}},
  author       = {Yongmin Zhang et al.},
  journal      = {Economics & Politics},
  year         = {2026},
  doi          = {https://doi.org/https://doi.org/10.1111/ecpo.70034},
}

Paste directly into BibTeX, Zotero, or your reference manager.

Flag this paper

Green Credit and ESG Performance in Construction Enterprises

Flags are reviewed by the Arbiter methodology team within 5 business days.

Evidence weight

0.41

Balanced mode · F 0.40 / M 0.15 / V 0.05 / R 0.40

F · citation impact0.25 × 0.4 = 0.10
M · momentum0.55 × 0.15 = 0.08
V · venue signal0.50 × 0.05 = 0.03
R · text relevance †0.50 × 0.4 = 0.20

† Text relevance is estimated at 0.50 on the detail page — for your query’s actual relevance score, open this paper from a search result.