Overview
- Proposes an in-depth analysis of the main challenges posed by climate change
- Discusses how the concepts of self-consciousness and awareness drive the shift of the traditional concept
- Contains comparative empirical evidence, supporting the book's theories across specific industries
Part of the book series: Palgrave Studies in Impact Finance (SIF)
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About this book
This book investigates sustainability, CSR, climate change adaptation, the relevance of ESG scores and their impact on firm value and growth. The first part of the book analyses the topics from a conceptual angle. The authors discuss how the concepts of self-consciousness and awareness drive the shift of the traditional concept of corporate mission towards more sustainable business models. The authors propose an in-depth analysis of the main challenges posed by climate change and of the initial policy-makers’ responses and provide their view on the central role of ESG scores and circular economy for growth and development. The authors conclude with an analysis of the main literature on the measurement of the relation between ESG scores and firms’ performance and cost of equity (CoE). The second part of the book contains comparative empirical evidence, supporting these theories across specific industries, and will be of interest to academics, researchers, and students of sustainability and impact finance.
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Keywords
Table of contents (11 chapters)
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Front Matter
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Climate Change challenge, CSR and ESG Issues: The State of the Art
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Front Matter
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ESG, Cost of Equity and Firm’ Performance: Empirical Evidences Across Industries Around the World
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Front Matter
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Back Matter
Editors and Affiliations
About the editors
Carlo Bellavite Pellegrini is Full Professor of Banking and Finance, Catholic University of the Sacred Heart, Milan in the Department of Economic Policy. His main research interests include banking and finance, corporate governance, ESG and sustainability, law and finance, law and economics, microfinance issues, corporate finance, and corporate histories of banks and industrial corporations.
Laura Pellegrini is Associate Professor of Banking and Finance, Research Fellow, Lecturer B at the University of Bari, Aldo Moro, Italy. Her main research interests include banking and finance, corporate governance, corporate finance, systemic risk and sustainability, law and finance, law and economics, political connections and corruption, and stability and efficiency issues in financial intermediaries.
Massimo Catizone is a Member of the Scientific Committee of the Research Centre of Applied Economics at the Catholic University of the Sacred Heart,Milan, Italy. He is also an investment banker with a leading pan-European investment bank.Bibliographic Information
Book Title: Climate Change Adaptation, Governance and New Issues of Value
Book Subtitle: Measuring the Impact of ESG Scores on CoE and Firm Performance
Editors: Carlo Bellavite Pellegrini, Laura Pellegrini, Massimo Catizone
Series Title: Palgrave Studies in Impact Finance
DOI: https://doi.org/10.1007/978-3-030-90115-8
Publisher: Palgrave Macmillan Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2022
Hardcover ISBN: 978-3-030-90114-1Published: 12 March 2022
Softcover ISBN: 978-3-030-90117-2Published: 12 March 2023
eBook ISBN: 978-3-030-90115-8Published: 11 March 2022
Series ISSN: 2662-5105
Series E-ISSN: 2662-5113
Edition Number: 1
Number of Pages: XXXIX, 288
Number of Illustrations: 11 b/w illustrations, 24 illustrations in colour
Topics: Development Finance, Business Finance, Financial Services, Economic Growth, Environmental Policy, Sociology, general