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ESG & the Corporate Finance

Haroon Haider

ESG & the Corporate Finance.

Rel. Elisa Ughetto. Politecnico di Torino, Corso di laurea magistrale in Ingegneria Gestionale (Engineering And Management), 2025

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Abstract:

Environmental, Social and Governance (ESG) are emerging as earnest agents of change. The corporate finance in recent years. Previously, an ESG factor is only treated as non-financial or peripheral, but today it is a leader in the scheme of the investment decision-making process, capital allocation, and management risks. As the climate debates steadily grow, so does it appear that the impact of such debates is steadily cumulating as well. Reaching operating responsibilities, and how governments perform their powers, the companies must develop an ability to turn more than before. consider factor ESG in their overall financial policies. The example of the effect of the ESG performance on the corporate finance is realized in this thesis. Giving particular attention to the impact of the given phenomenon on the cost of capital and the investment attractiveness. The firms that have performed well on ESG tend to have lower capital expenditures; improved funding capacities and investor trust as compared to poor performing companies. The companies involved in ESG reporting are exposed to a reputational threat and conviction. The provided research could be defined as comparative since it considers the ESG integration in three large areas. namely, Asia, Europe and America. Europe has been leading others in presenting a high ESG regulation, consistent disclosures and sustained stakeholder participation. The US despite the fact that which is traditionally a bit more market-centred, is also experiencing a change as the scale of the market is augmenting. The need of the institutional and retail investors to receive additional information about ESG standards. Rather, the Asian case is more of an inconsistent although gradually evolving, the ESG environment which is prone to different degrees of regulatory maturity and socioeconomic orientation. The study combines both the theoretical and the practical data to identify the impacts of ESG credit risk bond ratings, valuation of equities and financial decision making. It also talks of regional heterogeneities in regulatory framework, ESG disclosure and investment. The thesis hence will contribute to the lightening up of the comprehension of ESG as a strategy tool in the modern days. Finance does not only mean self-serving with regards to the promotion of sustainability within its developmental factor, and also as a plus factor that will boost the strengths in financing globalized economy in terms of competitiveness.

Relatori: Elisa Ughetto
Anno accademico: 2024/25
Tipo di pubblicazione: Elettronica
Numero di pagine: 65
Soggetti:
Corso di laurea: Corso di laurea magistrale in Ingegneria Gestionale (Engineering And Management)
Classe di laurea: Nuovo ordinamento > Laurea magistrale > LM-31 - INGEGNERIA GESTIONALE
Aziende collaboratrici: NON SPECIFICATO
URI: http://webthesis.biblio.polito.it/id/eprint/36861
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