Modelling of the relationship between sustainability and shareholder wealth
Identifikátory výsledku
Kód výsledku v IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F22%3APU144902" target="_blank" >RIV/00216305:26510/22:PU144902 - isvavai.cz</a>
Výsledek na webu
<a href="https://journals.vilniustech.lt/index.php/TEDE/article/view/16480" target="_blank" >https://journals.vilniustech.lt/index.php/TEDE/article/view/16480</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.3846/tede.2022.16480" target="_blank" >10.3846/tede.2022.16480</a>
Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Modelling of the relationship between sustainability and shareholder wealth
Popis výsledku v původním jazyce
A structural model for the verification of the causal relationship between sustainability and economic value added is presented in this paper. The study has shown that there is no definite and unique relationship between corporate sustainability and economic value. Based on the results of the structural modelling, sustainable value model ESGVA is methodologically improved. The model expresses all four dimensions of corporate sustainability: environmental, social, corporate governance and economic. The case study demonstrates how different the results are if a purely economic concept of company value is used compared to value that takes into account environmental, social and corporate governance factors. The model is applicable to comparative analysis of socially responsible investments. Sustainable value provides extra information on corporate performance and can be used for decision-making of individual investors.
Název v anglickém jazyce
Modelling of the relationship between sustainability and shareholder wealth
Popis výsledku anglicky
A structural model for the verification of the causal relationship between sustainability and economic value added is presented in this paper. The study has shown that there is no definite and unique relationship between corporate sustainability and economic value. Based on the results of the structural modelling, sustainable value model ESGVA is methodologically improved. The model expresses all four dimensions of corporate sustainability: environmental, social, corporate governance and economic. The case study demonstrates how different the results are if a purely economic concept of company value is used compared to value that takes into account environmental, social and corporate governance factors. The model is applicable to comparative analysis of socially responsible investments. Sustainable value provides extra information on corporate performance and can be used for decision-making of individual investors.
Klasifikace
Druh
J<sub>imp</sub> - Článek v periodiku v databázi Web of Science
CEP obor
—
OECD FORD obor
50204 - Business and management
Návaznosti výsledku
Projekt
<a href="/cs/project/GA17-23448S" target="_blank" >GA17-23448S: Modelování a simulace udržitelného investování pro podporu rozhodování</a><br>
Návaznosti
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Ostatní
Rok uplatnění
2022
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Technological and Economic Development of Economy
ISSN
2029-4913
e-ISSN
2029-4921
Svazek periodika
28
Číslo periodika v rámci svazku
3
Stát vydavatele periodika
LT - Litevská republika
Počet stran výsledku
18
Strana od-do
854-871
Kód UT WoS článku
000809169600002
EID výsledku v databázi Scopus
2-s2.0-85131402872