Author(s)

Qiqi Lu ¹, Binyu Liu ²

Affiliation(s)

¹ Jiamusi University, Jiamusi, 154007, China
² Shanghai Ocean University, Shanghai, 201306, China

Corresponding Author

Qiqi Lu

ABSTRACT

As our nation's economic landscape flourishes swiftly, an increasing number of entities are showcasing their commitment to sustainable progression. This study focuses on the A-share publicly listed corporations trading on the Shanghai and Shenzhen bourses over the course of 2011 to 2022, and studies the relationship between managers' equity stakes and Enterprises' sustainable development achievements. Research has found that managers' equity stakes is significantly positively correlated with the sustainable development achievements of enterprises. The higher the proportion of managers' equity stakes, the higher the level of sustainable development achievements of the enterprise. The research conclusion of this article provides scientific verification and in-depth interpretation in order for companies to attain enduring progress, and provides theoretical basis for effectively exerting management incentives. It is of great significance for promoting corporate governance and social sustainable development.

KEYWORDS

Managers' equity stakes, Enterprises' sustainable development achievements, ESG

CITE THIS PAPER

Qiqi Lu, Binyu Liu, Study on the proportion of managers' equity stakes and Enterprises' sustainable development achievements. Accounting and Corporate Management (2024) Vol. 6: 36-42. DOI: http://dx.doi.org/10.23977/acccm.2024.060506.

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