企业可持续发展实践:不确定性,地缘政治风险和竞争的相互作用
Rajesh Bhue1, Umakanta Gartia1, Ajaya Kumar Panda1
1Indian Institute of Management, Mumbai, India.
Journal of environmental management
|February 9, 2025
概括
不确定性推动了可持续性投资,而产品市场竞争在G20国家中缓解了这一影响. 可持续投资还可以提高长期价值,减轻不确定性.
科学领域:
- 商业和经济学 商业和经济学
- 企业的可持续性 企业的可持续发展
- 金融市场 金融市场
背景情况:
- 了解市场不确定性和企业可持续性投资之间的关系对于长期业务价值至关重要.
- 产品市场竞争 (PMC) 可能会通过可持续性倡议影响企业如何应对不确定性.
- 关于PMC在不确定性-可持续性投资动态中的调节作用的经验证据有限.
研究的目的:
- 在产品市场竞争 (PMC) 的框架内分析不确定性和可持续性投资之间的相互作用.
- 调查这种相互作用对企业的可持续实践和整体公司价值的影响.
- 检查PMC在G20国家在不确定性和可持续性投资方面的调节作用.
主要方法:
- 采用系统通用时刻方法 (SGMM) 来解决内质性问题并确保可靠的经验结果.
- 从2011年到2023年分析了2533家上市公司的样本.
- 采用计量经济学分析来测试假设的关系.
主要成果:
- 不确定性对可持续性投资产生积极影响.
- 产品市场竞争 (PMC) 在G20国家中缓和了不确定性和可持续性投资之间的关系.
- 可持续投资促进长期投资,并减轻G20国家不确定性对公司价值的负面影响.
结论:
- 调查结果表明,企业可以利用可持续性投资来应对不确定性并增强长期价值,特别是在竞争激烈的市场.
- 决策者和管理者在制定可持续发展战略时,应考虑市场竞争的调节作用.
- 集成可持续性实践对于旨在在市场波动中实现可持续发展目标的投资者和管理者来说至关重要.
相关概念视频
Sustainable Development
13.2K
As the human population continues to grow and use resources, we must be mindful of our planet’s natural limits. Sustainable development provides a pathway to maintain and improve human life now while also ensuring that future generations will have the resources that they need. The long-term success of sustainability efforts rests on understanding the interplay between human actions and ecological systems.
13.2K
Uncertainty: Overview
498
In analytical chemistry, we often perform repetitive measurements to detect and minimize inaccuracies caused by both determinate and indeterminate errors. Despite the cares we take, the presence of random errors means that repeated measurements almost never have exactly the same magnitude. The collective difference between these measurements - observed values - and the estimated or expected value is called uncertainty. Uncertainty is conventionally written after the estimated or expected value.
498
Dimensions of Health and Illness
7.0K
The factors influencing the health-illness continuum can be internal or external and may or may not be under conscious control. They are related to the following eight human dimensions, and each dimension is interrelated to one other.
7.0K
Competition
21.4K
When organisms require the same limited resources within an environment, they may have to compete for them. Competition is a net-negative interaction. Even if two competing individuals or populations do not interact directly, the overall fitness of both competitors is lowered as a result of not having full access to the limited resource.
21.4K
Robbers Cave
14.2K
During the 1950s, the landmark Robbers Cave experiment demonstrated that when groups must compete with one another, intergroup conflict, hostility, and even violence may result. At the Oklahoman summer camp, two troops of boys—termed the Rattlers and the Eagles—took part in a week-long tournament. During this time, their negativity culminated in derogatory name-calling, fistfights, and even vandalism and destruction of property. However, this work also revealed that such tension...
14.2K
Propagation of Uncertainty from Random Error
627
An experiment often consists of more than a single step. In this case, measurements at each step give rise to uncertainty. Because the measurements occur in successive steps, the uncertainty in one step necessarily contributes to that in the subsequent step. As we perform statistical analysis on these types of experiments, we must learn to account for the propagation of uncertainty from one step to the next. The propagation of uncertainty depends on the type of arithmetic operation performed on...
627


