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
来源：
PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON BUSINESS EXCELLENCE | 2024年 / 18卷 / 01期
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
  • [41] Greenwashing in the Indian corporate landscape: an empirical assessment of ESG disclosures of NIFTY 50 companies
    Gidage, Mithilesh
    Bhide, Shilpa
    Bilan, Yuriy
    ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2024,
  • [42] Digital finance and corporate ESG performance: Empirical evidence from listed companies in China*
    Ren, Xiaohang
    Zeng, Gudian
    Zhao, Yang
    PACIFIC-BASIN FINANCE JOURNAL, 2023, 79
  • [43] REFLECTIONS OF ESG PRACTICES AND ADHERENCE TO SDG IN CORPORATE REPUTATION AND MARKET VALUE
    Mazzioni, Sady
    Ascari, Camila
    Rodolfo, Noele Martinuzo
    Magro, Cristian Bau Dal
    REVISTA GESTAO ORGANIZACIONAL, 2023, 16 (03): : 59 - 77
  • [44] Corporate sustainability transitions: Are there differences between what companies say and do and what ESG ratings say companies do?
    Ferreira-Quilice, Thiago
    Hernandez-Maestro, Rosa M.
    Duarte, Roberto Gonzalez
    JOURNAL OF CLEANER PRODUCTION, 2023, 414
  • [45] The Synergistic Effects of Digital Technology Application and ESG Performance on Corporate Performance
    Qi, Yudong
    Han, Minmin
    Zhang, Chao
    FINANCE RESEARCH LETTERS, 2024, 61
  • [46] Assessing the Effect of Corporate ESG Management on Corporate Financial & Market Performance and Export
    Yang, Oh-Suk
    Han, Jae-Hoon
    SUSTAINABILITY, 2023, 15 (03)
  • [47] Effects of Environment, Social, and Governance (ESG) Disclosures on ESG Scores: Investigating the Role of Corporate Governance for Publicly Traded Turkish Companies
    Kartal, Mustafa Tevfik
    Taskin, Dilvin
    Shahbaz, Muhammad
    Depren, Serpil Kilic
    Pata, Ugur Korkut
    JOURNAL OF ENVIRONMENTAL MANAGEMENT, 2024, 368
  • [48] Digital technology innovation and corporate ESG performance: evidence from China
    Wang, Li
    Yang, Hongyu
    ECONOMIC CHANGE AND RESTRUCTURING, 2024, 57 (06)
  • [49] Relationship between corporate sustainability performance and corporate financial performance: The case of companies from the WIG-ESG Index
    Matuszewska-Pierzynka, Agnieszka
    ECONOMICS AND BUSINESS REVIEW, 2024, 10 (04) : 165 - 188
  • [50] Corporate stakeholders, corporate valuation and ESG
    Cornell, Bradford
    Shapiro, Alan C.
    EUROPEAN FINANCIAL MANAGEMENT, 2021, 27 (02) : 196 - 207
12345