Going ESG: The Economic Value of Adopting an ESG Policy

نویسندگان

چکیده

Does having an environmental, social, and governance (ESG) policy have impact on stakeholders? This research presents a unique model that allows us to measure the economic value of adopting ESG for financial institutions’ stakeholders. Using results questionnaire distributed among institution employees customers, we find that, average, are willing forgo 11% their salary work company has adopted implemented such policy. In addition, customers pay 47% more in management fees do business with institutions To our knowledge, this is first study quantifies benefits stakeholders

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ژورنال

عنوان ژورنال: Sustainability

سال: 2022

ISSN: ['2071-1050']

DOI: https://doi.org/10.3390/su142113917