【摘要】 基于2012—2021年我国37家上市商业银行的季度数据，使用因子分析法构建了商业银行盈利能力指标，利用基本回归模型实证检验了ESG表现对商业银行盈利能力的影响，并通过构建中介效应模型探索了ESG表现影响商业银行盈利能力的路径。结果表明：良好的ESG表现可以通过降低商业银行的风险来提高其盈利能力。又通过异质性分析发现，良好的ESG表现能明显通过降低城市商业银行风险来提高盈利能力。更多还原

【Abstract】 Based on the quarterly data of 37 listed commercial banks in China from 2012 to 2021, factor analysis was used to construct commercial bank profitability indicators, the impact of ESG performance on commercial banks’ profitability was empirically examined by using the basic regression model, and the path of ESG performance affecting the profitability of commercial banks was explored by constructing a mediation effect model. The results showed that good ESG performance could improve the profitability of commercial banks by reducing their risks. Through heterogeneity analysis, it was found that good ESG performance could significantly improve profitability by reducing the risk of urban commercial banks.更多还原