Advances in Economics, Management and Political Sciences

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Proceedings of the 2023 International Conference on Management Research and Economic Development

Series Vol. 23 , 13 September 2023


Open Access | Article

Research on the ESG Investment from the Perspective of Corporate Social Responsibilities

Yuer Wang * 1
1 Soochow University

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 23, 39-44
Published 13 September 2023. © 2023 The Author(s). Published by EWA Publishing
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Citation Yuer Wang. Research on the ESG Investment from the Perspective of Corporate Social Responsibilities. AEMPS (2023) Vol. 23: 39-44. DOI: 10.54254/2754-1169/23/20230348.

Abstract

Nowadays, ESG investment, which involves environmental (E), social (S) and governance (G) elements, become a hit. Not only the leader of companies but also the public were attracted by such investments aimed at long-term benefits. However, at present, there exist many problems with ESG investment, such as, lack of standard, return, and supervision for it. At the same time, with the development of economy and social concept, corporations increasingly play a greater role in society. As a result, corporations are expected to assume a series of social responsibilities by the public. ESG investment and corporate social responsibilities, obviously the two concepts have something in common. Therefore, the paper focuses on the two concepts and tries to answer ESG-related problems from the perspective of corporate social responsibilities. First, through the analysis and summary of relevant research, the paper concludes the relationship between the two. Second, through data analysis and case studies, the paper explores the benefits of ESG investment if it embodies the assumption of corporate social responsibility. Last, the paper concludes with what and how we should do to promote ESG investment for the purpose of making companies assume more social responsibility.

Keywords

ESG investment, corporate social responsibilities, social welfare, economic law, insurance

References

1. Huang Shizhong.(2021). ESG concept and the restatement of coporate report. Finance and Accounting(17), 3-10.

2. Markus Kitzmueller and Jay Shimshack. (2012). Economic Perspectives on Corporate Social Responsibility. Journal of Economic Literature(1), 51-84.

3. Sheldon, O. (1924). The Philosophy of Management. Sir Isaac Pitman and Sons Ltd, London

4. Institute AL. (1992). Principles of corporate governance : analysis and recommendations : proposed final draft (March 31, 1992). American Law Institute.

5. Li heng and Huang Xue. (2015). Research on the theory of coporate social reponsibility and its impetus. Sichuan University Press, Chengdu..

6. Gunnar Friede, Timo Busch and Alexander Bassen. (2015). ESG and financial performance: aggregated evidence from more than 2000 empirical studies. Journal of Sustainable Finance & Investment(4), 210-233.

7. Paul C. Godfrey. (2005). The Relationship between Corporate Philanthropy and Shareholder Wealth: A Risk Management Perspective. The Academy of Management Review(4), 777-798.

8. Nie Huihua, Lin Jiani and Cui Mengying. (2022). ESG: The proper way for a company to promote common prosperity. Study and Explore(11), 107-116+2.

Data Availability

The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.

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Volume Title
Proceedings of the 2023 International Conference on Management Research and Economic Development
ISBN (Print)
978-1-915371-89-8
ISBN (Online)
978-1-915371-90-4
Published Date
13 September 2023
Series
Advances in Economics, Management and Political Sciences
ISSN (Print)
2754-1169
ISSN (Online)
2754-1177
DOI
10.54254/2754-1169/23/20230348
Copyright
13 September 2023
Open Access
This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited

Copyright © 2023 EWA Publishing. Unless Otherwise Stated