References
[1]. Rockness J, Schlachter P, Rockness H: Hazardous waste disposal, corporate disclosure, and financial performance in the chemical industry. Advances In Public Interest Accounting, 1.1986(1041-7060), 167-191(1986).
[2]. Jaggi, B., & Freedman, M.: An examination of the impact of pollution performance on eco-nomic and market performance: pulp and paper firms. Journal of business finance & account-ing, 19(5), 697-713 (1992).
[3]. Ziegler, A., Schröder, M., & Rennings, K.: The effect of environmental and social perfor-mance on the stock performance of European corporations. Environmental and Resource Eco-nomics, 37(4), 661-680 (2007).
[4]. Walley, N., & Whitehead, B.: It’s not easy being green. Reader in Business and the Environ-ment, 36(81), 4 (1994).
[5]. Gray, R., Kouhy, R., & Lavers, S.: Corporate social and environmental reporting: a review of the literature and a longitudinal study of UK disclosure. Accounting, Auditing & Accountabil-ity Journal (1995).
[6]. Hart, S. L., & Ahuja, G.: Does it pay to be green? An empirical examination of the relation-ship between emission reduction and firm performance. Business strategy and the Environ-ment, 5(1), 30-37 (1996).
[7]. Telle, K.: “It pays to be green”–a premature conclusion. Environmental and Resource Econom-ics, 35(3), 195-220 (2006).
[8]. Wen, S.B., & Fang, W.: Qiyie Shehui zeren yu Caiwu jixiao guanxi de shizheng yanjiu: Liyi xiangguanzhe shijiao de mianban shuju fenxi [An empirical study of the relationship between corporate social responsibility and financial performance: a panel data analysis from stake-holder perspectives]. Zhongguo gongye jingji, 10, 150-160 (2008).
[9]. Lv, J., & Jiao, S.Y.: Huanjing pilu, Huanjing jixiao he caiwu jixiao guanxi de shizheng yanjiu [An empirical study of the relationship between environmental disclosure, performance, and financial performance]. Shanxi caijing daxue xuebao, 1, 109-116 (2011).
[10]. Wang, B., & Zhao, Y.P.: Qiye huanjing jixiao yu caiwu jixiao xiangguanxing shizheng yanjiu [An empirical study on the correlation between corporate environmental and financial perfor-mance: Based on panel data of listed companies from 2006 to 2010]. Caikuai tongxun, 36, 50-52 (2012).
[11]. Hu, Q.Y.: Shangshi gongsi huanjing jixiao yu caiwu jixiao de xiangguanxing yanjiu [Study on the correlation between environmental and financial performance of listed companies]. Zhongguo rengou ziyuan yu huanjing, 6, 23-32 (2012).
[12]. Ye, C.G., & Qiu, L., & Zhang, L.J.: Gongsi zhili jiegou, neibu kongzhi zhiliang yu qiye caiwu jixiao [Corporate Governance Structure, Internal Control Quality and Corporate Financial Per-formance]. Shengji yanjiu, 2,104-112 (2016).
[13]. Yu, H.X., & Wang, Q.H.: Shiyou qiye huanjing jixiao pingjia zhibiao tixi goujian [Construc-tion of environmental performance evaluation index system for oil enterprises]. Shidai jing-mao, 27, 16-17 (2020).
[14]. Wang, W.Y., & Jia, Z.X.: Huanjing jixiao yu caiwu jixiao guanxi hangye bijiao yanjiu [Indus-try Study on the Relationship between Environmental and Financial Performance: Based on Data from Listed Companies in the Paper, Chemical, and Extractive Industries]. Kuaiji zhiyou, 11, 79-84 (2020).
[15]. Fisher, I. E., Garnsey, M. R., & Hughes, M. E.: Natural language processing in accounting, auditing and finance: A synthesis of the literature with a roadmap for future research. Intelli-gent Systems in Accounting, Finance and Management, 23(3), 157-214 (2016).
[16]. China Alliance of Social Value Investment (CASVI), China Asset Management Co. (China AMC): White Paper on ESG Development and Innovation in China 2021 (2021).
[17]. Nalini, R.: Optimal Portfolio construction using Sharpe’s Single Index Model-A study of se-lected stocks from BSE. International Journal of Advanced Research in Management and So-cial Sciences, 3(12), 72-93 (2014).
[18]. Klambauer, G., Unterthiner, T., Mayr, A., & Hochreiter, S.: Self-normalizing neural networks. Advances in neural information processing systems, 30 (2017).
Cite this article
Dong,Y. (2023). ESG Scoring System Construction: Portfolio Investment Based on Machine Learning. Advances in Economics, Management and Political Sciences,3,517-525.
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References
[1]. Rockness J, Schlachter P, Rockness H: Hazardous waste disposal, corporate disclosure, and financial performance in the chemical industry. Advances In Public Interest Accounting, 1.1986(1041-7060), 167-191(1986).
[2]. Jaggi, B., & Freedman, M.: An examination of the impact of pollution performance on eco-nomic and market performance: pulp and paper firms. Journal of business finance & account-ing, 19(5), 697-713 (1992).
[3]. Ziegler, A., Schröder, M., & Rennings, K.: The effect of environmental and social perfor-mance on the stock performance of European corporations. Environmental and Resource Eco-nomics, 37(4), 661-680 (2007).
[4]. Walley, N., & Whitehead, B.: It’s not easy being green. Reader in Business and the Environ-ment, 36(81), 4 (1994).
[5]. Gray, R., Kouhy, R., & Lavers, S.: Corporate social and environmental reporting: a review of the literature and a longitudinal study of UK disclosure. Accounting, Auditing & Accountabil-ity Journal (1995).
[6]. Hart, S. L., & Ahuja, G.: Does it pay to be green? An empirical examination of the relation-ship between emission reduction and firm performance. Business strategy and the Environ-ment, 5(1), 30-37 (1996).
[7]. Telle, K.: “It pays to be green”–a premature conclusion. Environmental and Resource Econom-ics, 35(3), 195-220 (2006).
[8]. Wen, S.B., & Fang, W.: Qiyie Shehui zeren yu Caiwu jixiao guanxi de shizheng yanjiu: Liyi xiangguanzhe shijiao de mianban shuju fenxi [An empirical study of the relationship between corporate social responsibility and financial performance: a panel data analysis from stake-holder perspectives]. Zhongguo gongye jingji, 10, 150-160 (2008).
[9]. Lv, J., & Jiao, S.Y.: Huanjing pilu, Huanjing jixiao he caiwu jixiao guanxi de shizheng yanjiu [An empirical study of the relationship between environmental disclosure, performance, and financial performance]. Shanxi caijing daxue xuebao, 1, 109-116 (2011).
[10]. Wang, B., & Zhao, Y.P.: Qiye huanjing jixiao yu caiwu jixiao xiangguanxing shizheng yanjiu [An empirical study on the correlation between corporate environmental and financial perfor-mance: Based on panel data of listed companies from 2006 to 2010]. Caikuai tongxun, 36, 50-52 (2012).
[11]. Hu, Q.Y.: Shangshi gongsi huanjing jixiao yu caiwu jixiao de xiangguanxing yanjiu [Study on the correlation between environmental and financial performance of listed companies]. Zhongguo rengou ziyuan yu huanjing, 6, 23-32 (2012).
[12]. Ye, C.G., & Qiu, L., & Zhang, L.J.: Gongsi zhili jiegou, neibu kongzhi zhiliang yu qiye caiwu jixiao [Corporate Governance Structure, Internal Control Quality and Corporate Financial Per-formance]. Shengji yanjiu, 2,104-112 (2016).
[13]. Yu, H.X., & Wang, Q.H.: Shiyou qiye huanjing jixiao pingjia zhibiao tixi goujian [Construc-tion of environmental performance evaluation index system for oil enterprises]. Shidai jing-mao, 27, 16-17 (2020).
[14]. Wang, W.Y., & Jia, Z.X.: Huanjing jixiao yu caiwu jixiao guanxi hangye bijiao yanjiu [Indus-try Study on the Relationship between Environmental and Financial Performance: Based on Data from Listed Companies in the Paper, Chemical, and Extractive Industries]. Kuaiji zhiyou, 11, 79-84 (2020).
[15]. Fisher, I. E., Garnsey, M. R., & Hughes, M. E.: Natural language processing in accounting, auditing and finance: A synthesis of the literature with a roadmap for future research. Intelli-gent Systems in Accounting, Finance and Management, 23(3), 157-214 (2016).
[16]. China Alliance of Social Value Investment (CASVI), China Asset Management Co. (China AMC): White Paper on ESG Development and Innovation in China 2021 (2021).
[17]. Nalini, R.: Optimal Portfolio construction using Sharpe’s Single Index Model-A study of se-lected stocks from BSE. International Journal of Advanced Research in Management and So-cial Sciences, 3(12), 72-93 (2014).
[18]. Klambauer, G., Unterthiner, T., Mayr, A., & Hochreiter, S.: Self-normalizing neural networks. Advances in neural information processing systems, 30 (2017).