Matches in SemOpenAlex for { <https://semopenalex.org/work/W2788571194> ?p ?o ?g. }
- W2788571194 endingPage "574" @default.
- W2788571194 startingPage "574" @default.
- W2788571194 abstract "There is extensive literature on the value relevance of social responsibility for companies that operate in developed countries. However, little is known about the influence of these practices on the price of assets listed on emerging economies, such as Brazil. In this context, the aim of this study is to analyse whether social responsibility activities carried out by companies listed on the São Paulo Stock Exchange during the 2010–2015 period play a significant role in enhancing firm value. Unlike previous studies, we distinguish between the three modern pillars of sustainability: environmental, social, and corporate governance (ESG). Our overall results support the value enhancing theory rather than the shareholder expense theory. However, it is important to note that the results also show that the market does not significantly value the three ESG pillars. Specifically, the market positively and significantly values the environmental practices carried out by companies not related to environmentally sensitive industries. In contrast, the market positively and significantly values the social and corporate governance practices carried out by the companies belonging to these sensitive industries. These findings are relevant for both investors and the managers of these companies, policy makers, customers, and citizens concerned about ESG issues." @default.
- W2788571194 created "2018-03-06" @default.
- W2788571194 creator A5014944059 @default.
- W2788571194 creator A5036374919 @default.
- W2788571194 creator A5074047990 @default.
- W2788571194 date "2018-02-25" @default.
- W2788571194 modified "2023-09-30" @default.
- W2788571194 title "The Value Relevance of Environmental, Social, and Governance Performance: The Brazilian Case" @default.
- W2788571194 cites W1495791839 @default.
- W2788571194 cites W1570209723 @default.
- W2788571194 cites W1643467027 @default.
- W2788571194 cites W1738524706 @default.
- W2788571194 cites W1761132725 @default.
- W2788571194 cites W1925010090 @default.
- W2788571194 cites W1963507222 @default.
- W2788571194 cites W1966680358 @default.
- W2788571194 cites W1989934726 @default.
- W2788571194 cites W1993471058 @default.
- W2788571194 cites W2029888506 @default.
- W2788571194 cites W2040419733 @default.
- W2788571194 cites W2043829315 @default.
- W2788571194 cites W2053764581 @default.
- W2788571194 cites W2054661316 @default.
- W2788571194 cites W2072427260 @default.
- W2788571194 cites W2087086063 @default.
- W2788571194 cites W2090758019 @default.
- W2788571194 cites W2091067499 @default.
- W2788571194 cites W2145367516 @default.
- W2788571194 cites W2148351703 @default.
- W2788571194 cites W2163381782 @default.
- W2788571194 cites W2164639462 @default.
- W2788571194 cites W2228857552 @default.
- W2788571194 cites W2280596577 @default.
- W2788571194 cites W2296853984 @default.
- W2788571194 cites W2414263809 @default.
- W2788571194 cites W2530402671 @default.
- W2788571194 cites W2560769988 @default.
- W2788571194 cites W2594443529 @default.
- W2788571194 cites W2606390735 @default.
- W2788571194 cites W2685089535 @default.
- W2788571194 cites W2755258941 @default.
- W2788571194 cites W3121176335 @default.
- W2788571194 cites W3121464887 @default.
- W2788571194 cites W3122888892 @default.
- W2788571194 cites W3124072073 @default.
- W2788571194 cites W3125944002 @default.
- W2788571194 cites W4248292788 @default.
- W2788571194 doi "https://doi.org/10.3390/su10030574" @default.
- W2788571194 hasPublicationYear "2018" @default.
- W2788571194 type Work @default.
- W2788571194 sameAs 2788571194 @default.
- W2788571194 citedByCount "104" @default.
- W2788571194 countsByYear W27885711942018 @default.
- W2788571194 countsByYear W27885711942019 @default.
- W2788571194 countsByYear W27885711942020 @default.
- W2788571194 countsByYear W27885711942021 @default.
- W2788571194 countsByYear W27885711942022 @default.
- W2788571194 countsByYear W27885711942023 @default.
- W2788571194 crossrefType "journal-article" @default.
- W2788571194 hasAuthorship W2788571194A5014944059 @default.
- W2788571194 hasAuthorship W2788571194A5036374919 @default.
- W2788571194 hasAuthorship W2788571194A5074047990 @default.
- W2788571194 hasBestOaLocation W27885711941 @default.
- W2788571194 hasConcept C10138342 @default.
- W2788571194 hasConcept C119857082 @default.
- W2788571194 hasConcept C120757647 @default.
- W2788571194 hasConcept C121087249 @default.
- W2788571194 hasConcept C121955636 @default.
- W2788571194 hasConcept C141261163 @default.
- W2788571194 hasConcept C144133560 @default.
- W2788571194 hasConcept C147598955 @default.
- W2788571194 hasConcept C151730666 @default.
- W2788571194 hasConcept C158154518 @default.
- W2788571194 hasConcept C17744445 @default.
- W2788571194 hasConcept C18903297 @default.
- W2788571194 hasConcept C199539241 @default.
- W2788571194 hasConcept C200870193 @default.
- W2788571194 hasConcept C202552767 @default.
- W2788571194 hasConcept C2776291640 @default.
- W2788571194 hasConcept C2777483948 @default.
- W2788571194 hasConcept C2779093199 @default.
- W2788571194 hasConcept C2779343474 @default.
- W2788571194 hasConcept C39389867 @default.
- W2788571194 hasConcept C39549134 @default.
- W2788571194 hasConcept C41008148 @default.
- W2788571194 hasConcept C66204764 @default.
- W2788571194 hasConcept C86803240 @default.
- W2788571194 hasConceptScore W2788571194C10138342 @default.
- W2788571194 hasConceptScore W2788571194C119857082 @default.
- W2788571194 hasConceptScore W2788571194C120757647 @default.
- W2788571194 hasConceptScore W2788571194C121087249 @default.
- W2788571194 hasConceptScore W2788571194C121955636 @default.
- W2788571194 hasConceptScore W2788571194C141261163 @default.
- W2788571194 hasConceptScore W2788571194C144133560 @default.
- W2788571194 hasConceptScore W2788571194C147598955 @default.
- W2788571194 hasConceptScore W2788571194C151730666 @default.
- W2788571194 hasConceptScore W2788571194C158154518 @default.
- W2788571194 hasConceptScore W2788571194C17744445 @default.