请根据我给出的内容地道地翻译成esg影响公司创新的ssci英文金融论文：理论上有几个原因会导致ESG评级可能对公司创新活动产生正向影响。首先ESG rating较高代表着公司有较好的公司治理而良好的公司治理可以促进公司创新活动 O’Connor and Rafferty2012。其次企业的创新活动可能会降低短期利润而股东无法及时知道公司的创新绩效信息因而可能会将这种不佳绩效归因于管理者的努力不足J

Theoretically, there are several reasons why ESG rating may have a positive impact on a company's innovation activities in SSCI financial papers. Firstly, a higher ESG rating indicates better corporate governance, which can promote a company's innovation activities (O'Connor and Rafferty, 2012). Secondly, a company's innovation activities may reduce short-term profits, and shareholders may not be able to timely understand the company's innovation performance, which may attribute poor performance to inadequate management efforts (Jiang & Yuan, 2018), and may force managers to resign. Conducting ESG rating in the formation process can help shareholders fully understand the company's performance in sustainable development, enhance the trust of shareholders in managers' innovation decisions, reduce the possibility of forced resignation of managers, and indirectly motivate managers to carry out innovation activities (Bereskin and Hsu, 2011; Bereskin and Hsu, 2014; Yuan et al., 2023). Finally, good ESG performance can reduce the financing constraints of listed companies (Bai et al., 2022), and the reduction of financing constraints can promote a company's innovation activities (Hall, 2002; Hall and Lerner, 2009; Howell, 2016).