Email this article The Article Examines the Influence of Social and Economical Factors on the Dynamics of a Company's Market Value
- Authors: Fedotova M.A.1, Tazikhina T.V.1
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Affiliations:
- Financial University under the Government of the Russian Federation
- Issue: Vol 18, No 1 (2022)
- Pages: 180-184
- Section: Articles
- URL: https://journal-vniispk.ru/2541-8025/article/view/147406
- DOI: https://doi.org/10.33693/2541-8025-2022-18-1-180-184
- ID: 147406
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Abstract
The article examines the influence of social, environmental and corporate governance factors on the dynamics of a company's market value. The relevance of the study is associated with sustainable development and the adoption of ESG principles in investment, valuation and financing. The article aims to study the impact of social and environmental factors on the formation of the company's market value. Companies in current conditions are the object of the study. The subject of the article is the transformation of the company's value formation processes influenced by social and environmental factors. The author concludes that there is a moderate relationship between SDS and the company's market value indicators. The study proves that meeting the ESG criteria has a negative impact on the market value of a company in the short term and positive in the long term.
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##article.viewOnOriginalSite##About the authors
Marina A. Fedotova
Financial University under the Government of the Russian Federation
Email: mfedotova@fa.ru
Dr. Sci. (Econ.), Professor, Head of the Department of Corporate Finance and Corporate Governance Moscow, Russian Federation
Tatyana V. Tazikhina
Financial University under the Government of the Russian Federation
Email: tazihina@yandex.ru
Cand. Sci. (Econ.), Associate Professor; Professor of Department of Corporate Finance and Corporate Governance Moscow, Russian Federation
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