ESG Risk Perception in Sustainable Financial Decisions. Quantitative Methods Perspective

Magdalena Ziolo (), Iwona Bak (), Ria Sinha () and Manipadma Datta ()
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Magdalena Ziolo: University of Szczecin
Iwona Bak: West Pomeranian University of Technology Szczecin
Ria Sinha: TERI School of Advanced Studies
Manipadma Datta: TERI School of Advanced Studies

Chapter Chapter 12 in Experimental and Quantitative Methods in Contemporary Economics, 2020, pp 157-172 from Springer

Abstract: Abstract The role of ESG risk in both decisions of financial institutions and enterprises is systematically growing. The financial sector is particularly predisposed to the exposure of ESG risk, which is an increasingly important element taken into account in the credit risk management process. Therefore, sustainable financial decisions are those that take into account the ESG risk in the decision-making process. The paper discusses the quantitative methods used in the ESG risk analysis. The critical literature review, induction, and deduction methods were implemented to diagnose the significance of qualitative methods in ESG assessment process. Within the methods enabling the analysis on the financial market, the mathematical, statistical, and econometric methods are of particular use. The results of the study confirmed that usage of quantitative tools in the study of ESG factors is beneficial for the analysis of economic and financial conditions of entities.

Keywords: Sustainability; ESG; Finance; Financial decisions; Qualitative methods; G21; G23; G24; C15; C18 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-30251-1_12

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DOI: 10.1007/978-3-030-30251-1_12

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