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一个ESG竞争效应的计算模型
Evangelos Katsamakas1, J Manuel Sanchez-Cartas2
1Fordham University, New York, NY, United States of America.
PloS one
|July 21, 2023
概括
环境和社会倡议 (ESG) 吸引消费者,并可以提高企业业绩. 计算模型显示,ESG加剧了竞争,但可能导致市场主导地位或披露战略信息以减轻竞争.
科学领域:
- 商业战略 商业战略
- 环境经济学环境经济学
- 企业社会责任 企业社会责任
背景情况:
- 环境和社会治理 (ESG) 倡议正在引起企业的注意.
- 在ESG投资和公司业绩之间确切的联系仍然不完全理解.
- 澄清ESG的竞争动态对于战略决策至关重要.
研究的目的:
- 开发一个解释ESG投资对竞争的影响的计算模型.
- 调查ESG倡议如何影响市场竞争和公司业绩.
- 确定ESG投资具有战略优势的条件.
主要方法:
- 使用ESG因素模拟公司竞争的计算模型的开发.
- 包括消费者吸引力和ESG的运营效应 (降低成本,增加价值).
- 进行计算实验以分析各种ESG场景下的市场动态.
主要成果:
- 当ESG投资提供超出消费者吸引力的运营效益时,它会加剧竞争.
- ESG可以创造赢家占据全部的市场动态,有利于拥有初始优势的公司.
- 公司可以利用战略信息披露来减少ESG投资和减轻竞争压力.
结论:
- ESG的战略影响取决于其对竞争和公司运营的多方面的影响.
- 企业可以通过ESG"做好事"来实现优异的业绩,但战略考虑是关键.
- 该研究提供了关于在竞争性市场中管理ESG投资的见解,并强调了信息披露的作用.
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