Document Type

Paper- Restricted to Campus Access

Publication Date

4-22-2021

Faculty Mentor

Andrew Economopoulos

Abstract

Concerns over climate change, resource depletion, and human rights have revolutionized the way people think about the impact of their everyday decisions. In an effort to become socially and environmentally responsible, investors are starting to take more notice of the Environmental, Social, and Governance (ESG) factors of companies before they choose to include them in their portfolios. Firms with a better record of accomplishment in their commitment to improve ESG factors benefit from the positive publicity and better stakeholder relationships, but do favorable ESG reports create financial advantages for firms? According to some economists, financial incentives exist for firms that do more to become socially responsible than those who do not. The research question, “Can Firms do Better by Doing Good?” intends to identify whether firms with more favorable environmental, social, and governance (ESG) reports also perform better in their corporate financial performance reports in terms on ROA, Beta, and Bond Yields.

Comments

Presented as part of the Ursinus College Celebration of Student Achievement (CoSA) held April 22, 2021.

The downloadable .mp4 video file is a poster presentation with audio commentary with a run time of 29:06.

This presentation was a research topic made for the Senior Seminar: Finance and Accounting course in the Business Economics Department of 2021.

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