期刊
ACCOUNTING AND FINANCE
卷 62, 期 -, 页码 1567-1598出版社
WILEY
DOI: 10.1111/acfi.12832
关键词
Environmental social and governance; Corporate social responsibility; Corporate financial performance; Stakeholder theory; Theory of the firm
This paper proposes a comprehensive theoretical framework that positions ESG activities at the core of firm performance. By helping the firm identify key stakeholders and integrating their contributions and demands, it emphasizes the importance of ESG activities for a firm's social license, risk management, and competitive advantage.
The literature seeking to explain why firms conduct environmental, social and governance (ESG) activity is substantial and growing but remains underdeveloped. This paper offers a holistic and multi-disciplinary theoretical framework to situate ESG activity as integral to firm performance. Drawing on established theories of the firm, these theories together assist the firm identify salient stakeholders, and how their contributions and claims may be integrated into firm activity. This approach places ESG considerations as an important element of firm activity in terms of developing and maintaining a firm's social licence, the way it manages risks, and building competitive advantage.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据