The Spillover Effect of Litigation Risk on Peer Firms’ ESG Performance: Evidence from Circuit Courts in China

Replication Materials for “The Spillover Effect of Litigation Risk on Peer Firms’ ESG Performance: Evidence from Circuit Courts in China”
This repository provides the data and supporting materials to replicate the methodology presented in the paper “The Spillover Effect of Litigation Risk on Peer Firms’ ESG Performance: Evidence from Circuit Courts in China.” The study employs a difference-in-differences approach to investigate how peer firms’ strategic reactions to mitigate litigation risk interact with the insurance value of ESG (Environmental, Social, and Governance) performance.