Achievement of both Growth and Environmental Conservation by Digital Platform Providers

Masao Tsujimoto
Additional contact information
Masao Tsujimoto: Department of Business Management, Tokyo-Shibuya Campus, Japan University of Economics, Japan.

International Journal of Energy Economics and Policy, 2022, vol. 12, issue 4, 78-86

Abstract: This study explores the achievement of both growth and environmental conservation by digital platform providers, employing financial performance and environmental impact data from six providers in the US and Japan. 1) The regression analyses confirm the Environmental Kuznets Curve (EKC) hypothesis in three combinations of earnings per share (EPS) electricity consumption or waste generation, treasury stocks water consumption, and an inverted N-shaped curve in the combination of EPS Scope 2 CO emissions. 2) The growing trend of Environment, Society, and Governance (ESG)-oriented investment has acted as competitive pressure on the providers for fundraising, especially in spurring them to disclose information. 3) Both increasing EPS to the verified thresholds and ESG-oriented management are deciding factors, and any advanced EPS and ESG-based approaches could contribute toward developing academic frontiers.

Keywords: Earnings per share; Environment; society and governance; Investment and information disclosure; Environmental Kuznets Curve hypothesis (search for similar items in EconPapers)
JEL-codes: L21 Q40 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.econjournals.com/index.php/ijeep/article/download/13152/6822 (application/pdf)
https://www.econjournals.com/index.php/ijeep/article/view/13152 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eco:journ2:2022-04-11

Access Statistics for this article

International Journal of Energy Economics and Policy is currently edited by Ilhan Ozturk

More articles in International Journal of Energy Economics and Policy from Econjournals
Bibliographic data for series maintained by Ilhan Ozturk ().