{"id":6202,"date":"2023-06-25T10:47:41","date_gmt":"2023-06-25T10:47:41","guid":{"rendered":"https:\/\/revista.isfin.ro\/?p=6202"},"modified":"2023-09-28T08:16:15","modified_gmt":"2023-09-28T08:16:15","slug":"from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications","status":"publish","type":"post","link":"https:\/\/revista.isfin.ro\/en\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/","title":{"rendered":"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS"},"content":{"rendered":"
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Authors: Komalpreet Kaur, Daniela Corina Oprea (B\u00eerl\u0103), Raluca Simina Bil\u021bi, Vanina Adoriana Trifan<\/p>

Vol. 8 \u2022 Special Issue \u2022 June 2023<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t

\n\t\t\t
\n\t\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\tView article PDF\t\t\t\t\t<\/a>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\n\t\t\t\t<\/i>\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\n\t\t\t\t\t\tView abstract PDF\t\t\t\t\t<\/a>\n\t\t\t\t<\/h6>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Abstract<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

The main objective of the paper is to highlight the importance of ESG (Environment, Social, Governance) investing for companies, while also elaborating its relation to better financial performance. Furthermore, the article conducts a literature review by analysing the already existing scientific papers (mainly from Google Scholar, Web of Science and ScienceDirect) to demonstrate how the relative importance of each of the ESG dimensions: Environmental, Social and Governance, may vary depending on different factors.
The article highlights the value of non-financial reporting, its advantages, and the resulting legal ramifications. Investors and executors have recognized the importance of the ESG framework in recent years, which has helped it earn a lot of respect. The framework is said to serve several benefits, such as offering business sustainability, financial stability, and better financial performance, to a given economic entity. Similarly, the paper presents practical implications for the businesses, as it leads to their better understanding of the concept, from an investor\u2019s perspective.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

Keywords:<\/strong> ESG, environmental, social, governance, non-financial reporting, CSR, business sustainability.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

JEL Classification:<\/strong>G30, G41, M14, Q50, Q56.<\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t\t\t\t\t\t
\n\t\t\t\t

DOI: <\/strong>10.55654\/JFS.2023.SP.08
<\/strong><\/p>\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

\n\t\t\t\t
\n\t\t\t
\n\n \n\n
\n\n \n BACK<\/span>\n\n <\/div>\n <\/a>\n <\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"

Authors: Komalpreet Kaur, Daniela Corina Oprea (B\u00eerl\u0103), Raluca Simina Bil\u021bi, Vanina Adoriana Trifan Vol. 8 \u2022 Special Issue \u2022 June 2023 View article PDF View abstract PDF Abstract The main objective of the paper is to highlight the importance of ESG (Environment, Social, Governance) investing for companies, while also elaborating its relation to better financial …<\/p>\n

FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS<\/span> Read More »<\/a><\/p>","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[179],"tags":[],"yoast_head":"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS - Revista de Studii Financiare<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/revista.isfin.ro\/en\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS - Revista de Studii Financiare\" \/>\n<meta property=\"og:description\" content=\"Authors: Komalpreet Kaur, Daniela Corina Oprea (B\u00eerl\u0103), Raluca Simina Bil\u021bi, Vanina Adoriana Trifan Vol. 8 \u2022 Special Issue \u2022 June 2023 View article PDF View abstract PDF Abstract The main objective of the paper is to highlight the importance of ESG (Environment, Social, Governance) investing for companies, while also elaborating its relation to better financial … FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS Read More »\" \/>\n<meta property=\"og:url\" content=\"https:\/\/revista.isfin.ro\/en\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/\" \/>\n<meta property=\"og:site_name\" content=\"Revista de Studii Financiare\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-25T10:47:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-09-28T08:16:15+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ri_admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/revista.isfin.ro\/#website\",\"url\":\"https:\/\/revista.isfin.ro\/\",\"name\":\"Revista de Studii Financiare\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/revista.isfin.ro\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/#webpage\",\"url\":\"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/\",\"name\":\"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS - Revista de Studii Financiare\",\"isPartOf\":{\"@id\":\"https:\/\/revista.isfin.ro\/#website\"},\"datePublished\":\"2023-06-25T10:47:41+00:00\",\"dateModified\":\"2023-09-28T08:16:15+00:00\",\"author\":{\"@id\":\"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c\"},\"breadcrumb\":{\"@id\":\"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Prima pagin\\u0103\",\"item\":\"https:\/\/revista.isfin.ro\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c\",\"name\":\"ri_admin\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/revista.isfin.ro\/#personlogo\",\"inLanguage\":\"en-GB\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g\",\"caption\":\"ri_admin\"},\"sameAs\":[\"http:\/\/Revista%20ISFIN\"],\"url\":\"https:\/\/revista.isfin.ro\/en\/author\/ri_admin\/\"}]}<\/script>","yoast_head_json":{"title":"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS - Revista de Studii Financiare","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/revista.isfin.ro\/en\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/","og_locale":"en_GB","og_type":"article","og_title":"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS - Revista de Studii Financiare","og_description":"Authors: Komalpreet Kaur, Daniela Corina Oprea (B\u00eerl\u0103), Raluca Simina Bil\u021bi, Vanina Adoriana Trifan Vol. 8 \u2022 Special Issue \u2022 June 2023 View article PDF View abstract PDF Abstract The main objective of the paper is to highlight the importance of ESG (Environment, Social, Governance) investing for companies, while also elaborating its relation to better financial … FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS Read More »","og_url":"https:\/\/revista.isfin.ro\/en\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/","og_site_name":"Revista de Studii Financiare","article_published_time":"2023-06-25T10:47:41+00:00","article_modified_time":"2023-09-28T08:16:15+00:00","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ri_admin","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/revista.isfin.ro\/#website","url":"https:\/\/revista.isfin.ro\/","name":"Revista de Studii Financiare","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/revista.isfin.ro\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/#webpage","url":"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/","name":"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS - Revista de Studii Financiare","isPartOf":{"@id":"https:\/\/revista.isfin.ro\/#website"},"datePublished":"2023-06-25T10:47:41+00:00","dateModified":"2023-09-28T08:16:15+00:00","author":{"@id":"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c"},"breadcrumb":{"@id":"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/revista.isfin.ro\/2023\/06\/25\/from-corporate-social-responsibility-to-environmental-social-governance-investing-non-financial-reporting-benefits-and-legislative-implications\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Prima pagin\u0103","item":"https:\/\/revista.isfin.ro\/"},{"@type":"ListItem","position":2,"name":"FROM CORPORATE SOCIAL RESPONSIBILITY TO ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING: NON-FINANCIAL REPORTING -BENEFITS AND LEGISLATIVE IMPLICATIONS"}]},{"@type":"Person","@id":"https:\/\/revista.isfin.ro\/#\/schema\/person\/cb451c6ce2c3ed0e695a33cff252c24c","name":"ri_admin","image":{"@type":"ImageObject","@id":"https:\/\/revista.isfin.ro\/#personlogo","inLanguage":"en-GB","url":"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bc19f50ceb5e198ffca0e5aa08b76935?s=96&d=mm&r=g","caption":"ri_admin"},"sameAs":["http:\/\/Revista%20ISFIN"],"url":"https:\/\/revista.isfin.ro\/en\/author\/ri_admin\/"}]}},"_links":{"self":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/6202"}],"collection":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/comments?post=6202"}],"version-history":[{"count":22,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/6202\/revisions"}],"predecessor-version":[{"id":6572,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/posts\/6202\/revisions\/6572"}],"wp:attachment":[{"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/media?parent=6202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/categories?post=6202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/revista.isfin.ro\/en\/wp-json\/wp\/v2\/tags?post=6202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}