[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/kob/dpaper/dp2023-10.html
   My bibliography  Save this paper

Impact of ESG Activities on Corporate Financial Performance: A Meta-analytical Approach

Author

Listed:
  • Qi Wu

    (Research Institute for Economics and Business Administration, Kobe University, Institute of International Academic Research, Kyoto University of Advanced Science, JAPAN, and Institute for Integrated Management of Material Fluxes and of Resources, United Nations University, GERMANY)

  • Rui Wang

    (Graduate School of Business, Osaka Metropolitan University, JAPAN)

  • Xin Fu

    (Faculty of Economics and Business Administration, Kyoto University of Advanced Science, JAPAN)

Abstract
In recent years, interest in sustainability issues has increased, and discussions on environmental, social and governance (ESG) have expanded. Under this context, many studies have examined the relationship between ESG activities and corporate financial performance (CFP). However, the results still need to be consistent and still need to be integrated. Therefore, based on stakeholder theory and the natural resource-based view theory, this study aims to estimate the relationship between ESG activities and CFP through meta-analysis by collecting the published empirical studies from 2011 to 2020. Consequently, the result shows a positive relationship between ESG activities and CFP.

Suggested Citation

  • Qi Wu & Rui Wang & Xin Fu, 2023. "Impact of ESG Activities on Corporate Financial Performance: A Meta-analytical Approach," Discussion Paper Series DP2023-10, Research Institute for Economics & Business Administration, Kobe University.
    • Handle: RePEc:kob:dpaper:dp2023-10
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kob:dpaper:dp2023-10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University (email available below). General contact details of provider: https://edirc.repec.org/data/rikobjp.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.