Sustainable Investing Model for Decision Makers (Based On Research of Manufacturing Industry in the Czech Republic)

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F20%3APU137533" target="_blank" >RIV/00216305:26510/20:PU137533 - isvavai.cz</a>

Result on the web

<a href="https://www.mdpi.com/2071-1050/12/20/8342" target="_blank" >https://www.mdpi.com/2071-1050/12/20/8342</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/su12208342" target="_blank" >10.3390/su12208342</a>

Result language

angličtina

Original language name

Sustainable Investing Model for Decision Makers (Based On Research of Manufacturing Industry in the Czech Republic)

Original language description

Sustainable investing is an investment approach in line with the values of sustainable development and compliance with environmental, social, and corporate governance (ESG) criteria. The aim of the article is to propose a sustainable investing model (SIM) to support the decision-making of responsible individual investors. The proposed model aggregates economic indicators of investment decision-making, positive and negative ESG criteria, the market value of the stock, a systematic and unsystematic risk (expressed by the capital asset pricing model (CAPM)), thus widening the investment triangle by another peak—and that is sustainability. The research methodology is based on four key areas (environmental, social, corporate governance, and economic) associated with sustainable investments, stock market value, and risk. The research methodology of structural equation models is applied for the construction of the SIM. Mathematical equations are used to apply the SIM, which expresses values, the so-called factor scores. For the classification of sustainable investments, a classification scale is created that divides investments into three groups: above-average, average, and below-average. The SIM comprehensively evaluates individual ESG criteria and economic areas of sustainable investments, thus assisting the investor in deciding on sustainable investments of Czech joint-stock companies in the manufacturing industry, including benchmarking with other sustainable investments.

Czech name

—

Czech description

—

Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

—

OECD FORD branch

50704 - Environmental sciences (social aspects)

Project

<a href="/en/project/GA17-23448S" target="_blank" >GA17-23448S: Modelling and simulation of sustainable investment decision-making</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year

2020

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Sustainability

ISSN

2071-1050

e-ISSN

—

Volume of the periodical

12

Issue of the periodical within the volume

20

Country of publishing house

CH - SWITZERLAND

Number of pages

27

Pages from-to

1-28

UT code for WoS article

000583144100001

EID of the result in the Scopus database

2-s2.0-85092928322