摘要
文章以A股物流上市公司2013—2022年数据为研究样本,深入研究物流企业ESG表现与经营绩效的关系,检验债务融资成本在其中的中介效应。结果表明:物流企业的ESG表现能显著提升其经营绩效,且与国有控股企业相比,民营控股企业的提升效果更加显著;债务融资成本在ESG表现对物流企业经营绩效的影响中发挥着中介效应。文章不仅丰富了ESG表现与物流企业经营绩效领域的相关文献,也为物流企业进行ESG实践提升企业经营绩效提供了理论支撑和经验证据。
This paper takes the ESG performance and financial performance data of logistics listed companies on the A-share market from 2013 to 2022 as the research sample,and studies the relationship between ESG performance and operational performance of logistics enterprises,and tests the mediating effect of debt financing cost.The results show that the ESG performance of logistics enterprises can significantly improve their operational performance,and the improvement effect of non-state-owned enterprises is more significant than that of state-owned enterprises;debt financing cost plays a mediating role in the relationship between ESG performance and operational performance of logistics enterprises.The study not only enriches the relevant literature on ESG performance and operational performance of logistics enterprises,but also provides theoretical support and empirical evidence for logistics enterprises to enhance their ESG practices and improve their operational performance.
作者
詹绍文
王芳芳
ZHAN Shaowen;WANG Fangfang(Xi'an University of Architecture and Technology,Xi'an 710055,China)
出处
《物流科技》
2025年第11期129-133,共5页
Logistics Sci Tech
关键词
物流企业
ESG表现
经营绩效
债务融资成本
logistics enterprises
ESG performance
business performance
debt financing costs
