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
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