Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)

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Research on the Impact of Management Tone on ESG Rating of Enterprises

Authors
Lina Liu1, Xuemin Cui1, *
1Business School, Shandong Normal University, Jinan, Shandong, China
*Corresponding author. Email: cuixuemin0310@163.com
Corresponding Author
Xuemin Cui
Available Online 5 May 2025.
DOI
10.2991/978-94-6463-702-1_33How to use a DOI?
Keywords
management tone; ESG rating; green investors enter
Abstract

As an evaluation criterion for enterprise green development and investment decisions, the ESG evaluation index has become a hot topic in China, and the tone of management can convey rich information and provide references for investors. Thus, it is extremely important to study whether management intonation information can be used as a reference factor for ESG rating agencies. In this study, we empirically examined the influence of management tone on ESG rating and its mechanism using annual data from listed companies from 2012 to 2022 as samples. The empirical results show that the more optimistic the tone of management debate and analysis, the more obvious the improvement effect on ESG rating. Further analysis shows that positive management tone can promote enterprises to make more environmental investment and green innovation, attract environmental investors to enter, and improve corporate reputation and promote enterprises to improve ESG rating. The results of this study offer theoretical support. And principles for optimizing management tone and improving ESG rating.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
5 May 2025
ISBN
978-94-6463-702-1
ISSN
2352-5428
DOI
10.2991/978-94-6463-702-1_33How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Lina Liu
AU  - Xuemin Cui
PY  - 2025
DA  - 2025/05/05
TI  - Research on the Impact of Management Tone on ESG Rating of Enterprises
BT  - Proceedings of the 2025 10th International Conference on Financial Innovation and Economic Development (ICFIED 2025)
PB  - Atlantis Press
SP  - 302
EP  - 308
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-702-1_33
DO  - 10.2991/978-94-6463-702-1_33
ID  - Liu2025
ER  -