Traditional clans and modern corporate ESG: Evidence from China

Puntos clave

• Clan structures significantly influence corporate governance and ESG outcomes, revealing a unique interplay.
• The study found a positive correlation between strong clan ties and better environmental sustainability practices.
• Observational analysis across various Chinese corporations indicates that traditional ties enhance stakeholder engagement in ESG initiatives.
• These findings highlight the need for further exploration of clan influence on corporate strategies in emerging economies.