IDEAS home Printed from https://ideas.repec.org/a/pts/journl/y2024ip365-74.html

The Impact Of Esg On The Financial Performance Of It Companies

Author

Listed:
  • Alina Hagiu

    (National University of Science and Technology Politehnica Bucharest, Faculty of Economics and Law, Romania)

  • Anastasia Pandas

    (Odessa State Academy of Civil Engineering and Architecture, Ukraine)

  • Emilia Clipici

    (National University of Science and Technology Politehnica Bucharest, Faculty of Economics and Law, Romania)

Abstract

The digital economy is transforming the IT industry into a key driver of global sustainability, and the integration of ESG (Environmental, Social, Governance) criteria is becoming essential. This paper analyses the mechanisms through which ESG influences the financial performance of IT companies, demonstrating that strategies such as reducing energy consumption, promoting diversity and ethical governance contribute to increased profitability and financial stability. The results indicate a positive correlation between ESG scores and financial indicators of companies in this sector.

Suggested Citation

  • Alina Hagiu & Anastasia Pandas & Emilia Clipici, 2024. "The Impact Of Esg On The Financial Performance Of It Companies," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 23(3), pages 65-74.
    • Handle: RePEc:pts:journl:y:2024:i::p3:65-74
    as

    Download full text from publisher

    File URL: http://economic.upit.ro/RePEc/pdf/2024_3_8.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pts:journl:y:2024:i::p3:65-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alina Hagiu (email available below). General contact details of provider: https://edirc.repec.org/data/fepitro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.