Author(s)

Chen Siyu, Yuan Ruirui, Lin Xinyuan

Corresponding Author

Lin Xinyuan

Abstract

This research aims to investigate the relationship between ESG practices and corporate performance. When exploring relevant academic literature, the specific positive relation between ESG practices and corporate performance have been found. Actually, the moderating role of ESG practices will come into play in specific time and environment. To improve the accuracy of research, this study is analyzed using term frequency-inverse document frequency model and Latent Dirichlet Allocation model. As a result, this study proposes the positive moderating role of ESG practices over the aforementioned relationship, underlining the multiple dimensions effect of ESG practices. Last but not least, this paper gives some operational suggestions for business operators, providing a clear idea of business model innovation.

Keywords

ESG, TFIDF, LDA