ESG Effect on the Corporate Value of Technology Companies

被引:0
|
作者
Ito, Satoshi [1 ]
Itoi, Takatomo [1 ]
Nastase, Marian [1 ]
Nicolae, Bibu [2 ]
机构
[1] Bucharest Univ Econ Studies, Bucharest, Romania
[2] West Univ Timisoara, Timisoara, Romania
关键词
ESG; value driver; corporate value; technology; VALUATION;
D O I
10.2478/picbe-2024-0162
中图分类号
F [经济];
学科分类号
02 ;
摘要
Since ESG investment becoming popular, many researchers investigate ESG effect on the corporate value and found positive relationship between ESG activities and the corporate value. However, there are few research which focused ESG effect on the corporate value for technology companies. In this research historical prices of Japanese ESG focused companies were compared to Japanese total market and it was concluded that ESG have positive effect on the corporate value. In addition, historical prices of Japanese ESG focused technology companies were compared to Japanese total technology companies and it was concluded that ESG have positive effect on the corporate value of technology companies. Lastly the effect on the corporate value of Japanese technology companies was compared to the effect on the corporate value of Japanese total market and it was concluded that ESG performance provide more positive effect on the corporate value of Japanese technology companies compared to Japanese total market.
引用
收藏
页码:1929 / 1940
页数:12
相关论文
共 50 条
  • [31] Deconstructing corporate value creation: evidence from Indian Information Technology enabled Service (ITeS) companies
    Srinivasan, Suresh
    Gupta, Mahima
    Jayaraman, Vaidyanathan
    BENCHMARKING-AN INTERNATIONAL JOURNAL, 2021, 28 (09) : 2741 - 2770
  • [32] Corporate Governance and Value Relevance in Indonesia Manufacturing Companies
    Murdayanti, Yunika
    Ulupui, I. Gusti Ketut Agung
    Pahala, Indra
    Indriani, Susi
    Suherman, S.
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2020, 7 (11): : 335 - 346
  • [33] Specificity of Corporate Value Creation in Different Types of Companies
    Teplykh, Grigorii
    PROCEEDINGS OF THE 5TH EUROPEAN CONFERENCE ON INTELLECTUAL CAPITAL, 2013, : 428 - 435
  • [34] Value Creation and Society: A Corporate Governance in Indian IT Companies
    Soti, Pravesh
    Pathak, Vivek Kumar
    JOURNAL OF MECHANICS OF CONTINUA AND MATHEMATICAL SCIENCES, 2019, 14 (05): : 230 - 250
  • [35] Corporate governance in generating companies of the Russian electric power industry in the context of ESG agenda
    Galina I.Sheveleva
    Global Energy Interconnection, 2022, 5 (05) : 512 - 523
  • [36] Climate policy uncertainty and corporate ESG performance: evidence from Chinese listed companies
    Dai, Zhifeng
    Jiang, Qinnan
    CHINA FINANCE REVIEW INTERNATIONAL, 2025,
  • [37] Corporate Lobbying and ESG Reports: Patterns among US Companies, 1999-2017
    Liu, Huchen
    Wei, Sijing
    Zhang, Jiarui
    BUSINESS AND POLITICS, 2023, 25 (03) : 293 - 314
  • [38] Corporate governance in generating companies of the Russian electric power industry in the context of ESG agenda
    Sheveleva, Galina I.
    GLOBAL ENERGY INTERCONNECTION-CHINA, 2022, 5 (05): : 512 - 523
  • [39] ESG ratings and corporate success: analyzing the environmental governance impact on Chinese companies' performance
    Chen, Sidi
    Fan, Min
    FRONTIERS IN ENERGY RESEARCH, 2024, 12
  • [40] EFFECT OF ESG PERFORMANCE ON CORPORATE GREEN TECHNOLOGY INNOVATION: THE MEDIATING ROLE OF FINANCIAL CONSTRAINTS AND DIGITAL TRANSFORMATION
    Wang, Hong
    Zhang, Ying
    Dagestani, Abd Alwahed
    Qing, Lingli
    SINGAPORE ECONOMIC REVIEW, 2024,