Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)

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Study on the Impact of the Emergence of ESG Concept on Corporate Strategy

Authors
Ruizi Tang1, 2, Guangyu Liu2, 1, *, Yiyang Liu3, Jingyu Yang4, Ziyi Huang5
1Economics, Dalian University of Foreign Languages, Liaoning, China
2Financial Management, Jilin University of Finance and Economics, Changchun, Jilin, China
3Business Administration, Xiamen University, Xiamen, Fujian, China
4E-Commerce, Xiamen University, Xiamen, Fujian, China
5Financial Management, Xiamen University, Xiamen, Fujian, China
*Corresponding author. Email: 3146231338@qq.com
Corresponding Author
Guangyu Liu
Available Online 10 January 2024.
DOI
10.2991/978-94-6463-344-3_5How to use a DOI?
Keywords
ESG; corporate strategy; strategic objectives
Abstract

The concept of ESG has been proposed in 2007 and has become a hot topic in the past two years. The concept of ESG investment refers to that in addition to paying attention to traditional corporate profits and financial status, investors should also consider the corporate and social value reflected in environmental, social and corporate governance factors in the decision-making process. The contribution of this paper is to analyze in detail and derive the influence mechanism of ESG concept on how companies set their corporate strategic goals and corporate strategic planning.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)
Series
Advances in Economics, Business and Management Research
Publication Date
10 January 2024
ISBN
10.2991/978-94-6463-344-3_5
ISSN
2352-5428
DOI
10.2991/978-94-6463-344-3_5How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Ruizi Tang
AU  - Guangyu Liu
AU  - Yiyang Liu
AU  - Jingyu Yang
AU  - Ziyi Huang
PY  - 2024
DA  - 2024/01/10
TI  - Study on the Impact of the Emergence of ESG Concept on Corporate Strategy
BT  - Proceedings of the 2023 2nd International Conference on Public Service, Economic Management and Sustainable Development (PESD 2023)
PB  - Atlantis Press
SP  - 31
EP  - 37
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-344-3_5
DO  - 10.2991/978-94-6463-344-3_5
ID  - Tang2024
ER  -