Abstract
As global investors and stakeholders increasingly prioritize environmental, social, and governance (ESG) performance, corporate social responsibility and sustainability have become crucial factors in determining corporate success. In the context of China’s robust economy, the involvement of state-owned capital exerts a profound impact on the ESG performance of private enterprises. This paper, starting from the perspective of ESG, analyzes how state-owned capital participation influences the ESG performance of private enterprises. Additionally, it proposes recommendations for the involvement of state-owned enterprises in private enterprises, aiming to foster the sustainable development of private enterprises and enhance their social responsibility.
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