THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS?
The integration of sustainability in economics is essential for achieving long-term economic stability and environmental preservation. As climate change, resource depletion, and social inequities intensify, adopting sustainable practices within economic frameworks is crucial. This article delves int...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Lucian Blaga University of Sibiu
2024-12-01
|
| Series: | Management of Sustainable Development |
| Subjects: | |
| Online Access: | https://msdjournal.org/wp-content/uploads/vol16issue2-3.pdf |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1846098538554982400 |
|---|---|
| author | MOROȘAN Adrian |
| author_facet | MOROȘAN Adrian |
| author_sort | MOROȘAN Adrian |
| collection | DOAJ |
| description | The integration of sustainability in economics is essential for achieving long-term economic stability and environmental preservation. As climate change, resource depletion, and social inequities intensify, adopting sustainable practices within economic frameworks is crucial. This article delves into the relationship between sustainability and economics, highlighting the impact of non-financial factors, such as sustainability reports, on financial outcomes like stock prices. By analysing the Romanian BET index, we examine the correlation between sustainability practices and market value. Our findings indicate that the visibility of sustainability reports on company websites does not significantly affect stock prices. However, the general upward trend in stock quotations suggests that other factors might play a more substantial role. This study underscores the importance of regulatory frameworks in promoting transparent sustainability practices. Future research will expand this analysis to global markets, aiming to develop a comprehensive company score that incorporates various financial and non-financial factors. |
| format | Article |
| id | doaj-art-248f11aa37f64c63898f937dbb989588 |
| institution | Kabale University |
| issn | 2066-9380 2247-0220 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Lucian Blaga University of Sibiu |
| record_format | Article |
| series | Management of Sustainable Development |
| spelling | doaj-art-248f11aa37f64c63898f937dbb9895882025-01-01T19:27:42ZengLucian Blaga University of SibiuManagement of Sustainable Development2066-93802247-02202024-12-011622737https://doi.org/10.54989/msd-2024-00131THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS?MOROȘAN Adrian0Lucian Blaga University of Sibiu, RomaniaThe integration of sustainability in economics is essential for achieving long-term economic stability and environmental preservation. As climate change, resource depletion, and social inequities intensify, adopting sustainable practices within economic frameworks is crucial. This article delves into the relationship between sustainability and economics, highlighting the impact of non-financial factors, such as sustainability reports, on financial outcomes like stock prices. By analysing the Romanian BET index, we examine the correlation between sustainability practices and market value. Our findings indicate that the visibility of sustainability reports on company websites does not significantly affect stock prices. However, the general upward trend in stock quotations suggests that other factors might play a more substantial role. This study underscores the importance of regulatory frameworks in promoting transparent sustainability practices. Future research will expand this analysis to global markets, aiming to develop a comprehensive company score that incorporates various financial and non-financial factors.https://msdjournal.org/wp-content/uploads/vol16issue2-3.pdfsustainability reports, the ecological economics, the environmental economics, the sustainable development goals (sgds), bet index |
| spellingShingle | MOROȘAN Adrian THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS? Management of Sustainable Development sustainability reports, the ecological economics, the environmental economics, the sustainable development goals (sgds), bet index |
| title | THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS? |
| title_full | THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS? |
| title_fullStr | THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS? |
| title_full_unstemmed | THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS? |
| title_short | THE SUSTAINABILITY REPORTS ISSUED – AN INFLUENTIAL FACTOR FOR THE STOCKS QUOTATIONS? |
| title_sort | sustainability reports issued an influential factor for the stocks quotations |
| topic | sustainability reports, the ecological economics, the environmental economics, the sustainable development goals (sgds), bet index |
| url | https://msdjournal.org/wp-content/uploads/vol16issue2-3.pdf |
| work_keys_str_mv | AT morosanadrian thesustainabilityreportsissuedaninfluentialfactorforthestocksquotations AT morosanadrian sustainabilityreportsissuedaninfluentialfactorforthestocksquotations |