ESG RISK ANALYSIS AND PREPAREDNESS OF COMPANIES IN THE CZECH REPUBLIC

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F68407700%3A21110%2F24%3A00378123" target="_blank" >RIV/68407700:21110/24:00378123 - isvavai.cz</a>

Result on the web

<a href="https://doi.org/10.52950/ES.2024.13.2.003" target="_blank" >https://doi.org/10.52950/ES.2024.13.2.003</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.52950/ES.2024.13.2.003" target="_blank" >10.52950/ES.2024.13.2.003</a>

Result language

angličtina

Original language name

ESG RISK ANALYSIS AND PREPAREDNESS OF COMPANIES IN THE CZECH REPUBLIC

Original language description

This study examines the integration of Environmental, Social, and Governance (ESG) principles into the strategies of companies in the Czech Republic, a region where ESG considerations are increasingly influencing investment decisions and corporate governance. As global sustainability concerns gain momentum, Czech companies face growing scrutiny from investors, regulators, and stakeholders. This research aims to assess the current state of ESG risk analysis and evaluate the readiness of these companies to address the challenges posed by environmental stewardship, social responsibility, and governance effectiveness. To achieve this, the study employs a mixed-methods approach, combining qualitative data from semi-structured interviews with industry experts, corporate leaders, and regulatory authorities, and quantitative data from a survey distributed to a representative sample of companies across various sectors in the Czech Republic. The qualitative interviews provide in-depth insights into the challenges and strategies surrounding ESG integration, while the quantitative survey assesses the extent of ESG adoption, identifies key risk areas, and evaluates companies’ preparedness to tackle these issues. Data analysis includes thematic analysis of interview transcripts and statistical analysis of survey responses, offering a comprehensive view of ESG practices in the Czech business landscape. The findings reveal both best practices and areas needing improvement, providing valuable insights for stakeholders committed to enhancing corporate sustainability. This study contributes to the broader discourse on ESG by highlighting the evolving role of these factors in shaping corporate resilience, innovation, and long-term value creation in the Czech Republic, ultimately promoting a more sustainable and responsible business environment.

Czech name

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Czech description

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Type

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

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2024

Confidentiality

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

Name of the periodical

International Journal of Economic Sciences

ISSN

1804-9796

e-ISSN

1804-9796

Volume of the periodical

13

Issue of the periodical within the volume

2

Country of publishing house

GB - UNITED KINGDOM

Number of pages

17

Pages from-to

38-54

UT code for WoS article

001362946300003

EID of the result in the Scopus database

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