Take China Vanke Co., Ltd as an Example to Study the Reversal of Financial Difficulties and Sustainable Development of Real Estate Enterprises under ESG Strategy
DOI: https://doi.org/10.62517/jse.202511414
Author(s)
Canhua Hong*
Affiliation(s)
School of Business, Shanghai University of International Business and Economics, Shanghai, China
*Corresponding Author
Abstract
This paper aims to explore how financially distressed real estate enterprises can achieve turnaround and sustainable development through the implementation of ESG (Environmental, Social, and Governance) strategies, using Vanke Enterprise Co., Ltd. as a case study. The purpose of the paper is to assess the effectiveness of ESG practices in reversing financial distress and enhancing long-term sustainability in the real estate sector. The methodology employed involves a comprehensive literature review, a detailed case study of Vanke, and a combination of qualitative and quantitative analysis to evaluate the impact of ESG initiatives on Vanke's financial performance, market valuation, and overall sustainability. The main findings reveal that ESG practices have a positive influence on financially distressed real estate enterprises, contributing to improved financial performance, enhanced market reputation, and reduced financing costs. This study underscores the importance of integrating ESG principles into corporate strategies for real estate enterprises facing financial challenges, offering practical insights and policy recommendations for similar firms and industry stakeholders.
Keywords
ESG Strategy; Financial Distress; Real Estate Enterprises; Turnaround; Sustainable Development; Vanke Enterprise Co., Ltd.; Case Study; Financial Performance; Market Valuation
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