Environmental, Social and Corporate Governance and firms’ financial performance: A semi-structured literature review, through the lens of sustainable development
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National University for Political Sciences and Public Administration (SNSPA), Bucharest, Romania
Online publication date: 2022-12-16
Publication date: 2022-12-16
NSZ 2022;17(4):13–36
The object of this article is to present a concise study of the state of scientific literature regarding the relationship between the Environmental, Social and Corporate Governance (ESG) factors and the financial performance at a company-based level, taking into account the sustainable paradigm. According to scientific literature, we expect that the more socially responsible companies are interested in the well-being of the stakeholders (customers, employees, members of the supply chain, and the community) as much as in that of their shareholders.
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