Data on ESG disclosure and corporate overleveraging

This study employed data from Chinese listed non-financial companies from 2013 to 2022 to explore whether environmental, social, and governance (ESG) disclosures reduce corporate over-leveraging and the impact of economic policy uncertainty on this relationship.
All data are obtained from the China stock market and accounting research (CSMAR: https://data.csmar.com/), wind database (https://www.wind.com.cn/portal/en/EDB/index.html) and the policy uncertainty website (https://www.policyuncertainty.com/scmp_monthly.html). This study eliminates all records with missing values and used 1% and 99% tail-cutting methods to address extreme values in the data. Consequently, 12,869 sample data points are obtained.