ESG Effect on the Corporate Value of Technology Companies-Reference-Cited by-同舟云学术

ESG Effect on the Corporate Value of Technology Companies

Published:2024-06-01 Issue:1 Volume:18 Page:1929-1940
ISSN:2558-9652
Container-title:Proceedings of the International Conference on Business Excellence
language:en
Short-container-title:

Author:

Ito Satoshi¹,Itoi Takatomo¹,Năstase Marian¹,Nicolae Bibu²

Affiliation:

1. Bucharest University of Economic Studies , Bucharest , Romania

2. West University of Timisoara , Romania

Abstract

Abstract 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.

Publisher

Walter de Gruyter GmbH

Link

https://www.sciendo.com/pdf/10.2478/picbe-2024-0162

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