000060621 001__ 60621
000060621 005__ 20210121114522.0
000060621 0247_ $$2doi$$a10.3390/su7021932
000060621 0248_ $$2sideral$$a89766
000060621 037__ $$aART-2015-89766
000060621 041__ $$aeng
000060621 100__ $$0(orcid)0000-0001-5582-3694$$aOrtas, E.$$uUniversidad de Zaragoza
000060621 245__ $$aThe environmental, social, governance, and financial performance effects on companies that adopt the United Nations Global Compact
000060621 260__ $$c2015
000060621 5060_ $$aAccess copy available to the general public$$fUnrestricted
000060621 5203_ $$aThis paper aims to investigate companies’ environmental, social, governance (ESG), and financial implications of their commitment to the United Nations Global Compact (UNGC). The focus is placed on companies operating in the three countries with the highest number of UNGC participants: Spain, France, and Japan. The results clearly reveal that adoption of the UNGC often requires an organizational change that fosters stakeholder engagement, ultimately resulting in improvements in companies’ ESG performance. Additionally, the results reveal that ESG performance has a significant impact on financial performance for companies that adopted the principles of the UNGC. These findings provide both non-financial and financial incentives to companies to commit to this voluntary corporate social responsibility (CSR) initiative, which will have important implications on companies’ strategic management policies that aim to foster sustainable businesses and community development. Finally, the linkages between the UNGC-committed companies’ ESG and financial performance may be influenced by geographical spread, mainly due to the appearance of differences in the institutional, societal, and cultural settings.
000060621 536__ $$9info:eu-repo/grantAgreement/ES/MEC/ECO2011-26171
000060621 540__ $$9info:eu-repo/semantics/openAccess$$aby$$uhttp://creativecommons.org/licenses/by/3.0/es/
000060621 590__ $$a1.343$$b2015
000060621 591__ $$aENVIRONMENTAL SCIENCES$$b146 / 225 = 0.649$$c2015$$dQ3$$eT2
000060621 591__ $$aGREEN & SUSTAINABLE SCIENCE & TECHNOLOGY$$b5 / 6 = 0.833$$c2015$$dQ4$$eT3
000060621 591__ $$aENVIRONMENTAL STUDIES$$b62 / 104 = 0.596$$c2015$$dQ3$$eT2
000060621 591__ $$aGREEN & SUSTAINABLE SCIENCE & TECHNOLOGY$$b23 / 30 = 0.767$$c2015$$dQ4$$eT3
000060621 592__ $$a0.482$$b2015
000060621 593__ $$aGeography, Planning and Development$$c2015$$dQ2
000060621 593__ $$aRenewable Energy, Sustainability and the Environment$$c2015$$dQ2
000060621 593__ $$aManagement, Monitoring, Policy and Law$$c2015$$dQ2
000060621 655_4 $$ainfo:eu-repo/semantics/article$$vinfo:eu-repo/semantics/publishedVersion
000060621 700__ $$aÁlvarez, I.
000060621 700__ $$aGarayar, A.
000060621 7102_ $$14002$$2230$$aUniversidad de Zaragoza$$bDpto. Contabilidad y Finanzas$$cÁrea Economía Finan. y Contab.
000060621 773__ $$g7, 2 (2015), 1932-1956$$pSustainability (Basel)$$tSUSTAINABILITY$$x2071-1050
000060621 8564_ $$s757724$$uhttps://zaguan.unizar.es/record/60621/files/texto_completo.pdf$$yVersión publicada
000060621 8564_ $$s92902$$uhttps://zaguan.unizar.es/record/60621/files/texto_completo.jpg?subformat=icon$$xicon$$yVersión publicada
000060621 909CO $$ooai:zaguan.unizar.es:60621$$particulos$$pdriver
000060621 951__ $$a2021-01-21-11:03:44
000060621 980__ $$aARTICLE