RESEARCH ON THE IMPACT OF ESG PERFORMANCE ON CORPORATE INTERNATIONALIZATION：BASED ON THE MODERATING EFFECT OF EXTERNAL INFORMATION ENVIRONMENT

As a comprehensive indicator that measures the three dimensions of enterprise environment, society and corporate governance, the role played by ESG performance in the internationalization process of enterprises deserves attention. Based on this, this article takes A-share listed companies in Chinese capital market from 2009 to 2022 as a sample to empirically test the impact of ESG performance on corporate internationalization. The study found that good ESG performance can significantly improve the degree of corporate internationalization. The heterogeneity analysis shows that when the external information environment of a company is better, ESG performance plays a more significant role in promoting corporate internationalization. This article enriches the research on the role of corporate ESG performance, and at the same time has certain enlightenment significance on how to promote corporate internationalization, and help multinational companies in developing countries carry out foreign business activities, convey a responsible corporate image and a big country image to the world, and be conscious of the destiny of mankind. The concept of community has important implications.