Study on the Impact of the Emergence of ESG Concept on Corporate Strategy

Ruizi Tang, Guangyu Liu (), Yiyang Liu, Jingyu Yang and Ziyi Huang
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Ruizi Tang: Dalian University of Foreign Languages, Economics
Guangyu Liu: Dalian University of Foreign Languages, Economics
Yiyang Liu: Xiamen University, Business Administration
Jingyu Yang: Xiamen University, E-Commerce
Ziyi Huang: Xiamen University, Financial Management

A chapter in Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023), 2023, pp 31-37 from Springer

Abstract: Abstract The concept of ESG has been proposed in 2007 and has become a hot topic in the past two years. The concept of ESG investment refers to that in addition to paying attention to traditional corporate profits and financial status, investors should also consider the corporate and social value reflected in environmental, social and corporate governance factors in the decision-making process. The contribution of this paper is to analyze in detail and derive the influence mechanism of ESG concept on how companies set their corporate strategic goals and corporate strategic planning.

Keywords: ESG; corporate strategy; strategic objectives (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-344-3_5

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DOI: 10.2991/978-94-6463-344-3_5

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