Government ownership boosts sustainability of Chinese firms, study finds.
The study looked at how government ownership affects the sustainability of Chinese manufacturing firms. They found that state-owned firms tend to perform better in terms of environmental, social, and governance factors. The research also showed that firms with international experience and managers with overseas backgrounds had even stronger sustainability performance. However, investing in research and development did not have a significant impact on sustainability outcomes. This study highlights the importance of ownership type in shaping the sustainability of companies in emerging markets.