Paper- Restricted to Campus Access
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.
Ewing, Julia, "Can Firms Do Better By "Doing Good"?" (2021). Business and Economics Presentations. 16.
Available to Ursinus community only.