Research on the Impact of ESG Rating on the Risk Bearing Level of Manufacturing Enterprises

ESG评级作为一个在近些年来流行的理念，为制造业企业的长足发展与投资者进行投资决策提供了依据。本文选取了2010年至2021年间A股上市公司中的制造业企业作为样本，探讨ESG评级对于制造业企业风险承担水平的影响。研究发现，ESG评级与制造业企业的风险承担水平呈正相关。As a popular concept in recent years, ESG ratings provide a basis for the long-term development of manufacturing enterprises and investment decisions made by investors. This paper selects manufacturing enterprises listed on the A-share market from 2010 to 2021 as samples to explore the impact of ESG ratings on the risk-taking level of manufacturing enterprises. The research finds that ESG ratings are positively correlated with the risk-taking level of manufacturing enterprises.