Is the corporate financial strategy in the oil and gas sector affected by ESG dimensions?

Alicia Ramírez-Orellana, MCarmen Martínez-Victoria, Antonio García-Amate and Alfonso A. Rojo-Ramírez

Resources Policy, 2023, vol. 81, issue C

Abstract: The oil and gas sector is under pressure because of its impact on sustainability. Company’s stakeholders are aware of the ethical behavior of those firms related to hazardous activities. Literature has analyzed the relationship between corporate social responsibility and different measures of efficiency (e.g., financial performance or market value) without a conclusive result.

Keywords: ESG; Financial performance; Market risk; Market value; Oil and gas (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:81:y:2023:i:c:s0301420723000119

DOI: 10.1016/j.resourpol.2023.103303

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