The Impact of ESG Performance in the Pharmaceutical Industry on Corporate Value under the Background of "Double Carbon"—Take Yunnan Baiyao as an Example
DOI: 10.23977/accaf.2024.050307 | Downloads: 40 | Views: 648
Author(s)
Yifei Chen 1
Affiliation(s)
1 School of Accounting, Yunnan University of Finance and Economics, Kunming, Yunnan, China
Corresponding Author
Yifei ChenABSTRACT
With growing global focus on ESG issues and the "double carbon" goal, ESG performance in various industries, exemplified by Yunnan Baiyao in the pharmaceutical industry, has become an important factor for measuring enterprise sustainable development and comprehensive value. By sorting theories, analyzing ESG practices, and constructing an evaluation model, it reveals ESG's impact on corporate financial and non-financial value, and provides targeted suggestions for improving ESG performance and value in the "double carbon" era.
KEYWORDS
Double carbon; Pharmaceutical industry; ESG; Enterprise value; Yunnan BaiyaoCITE THIS PAPER
Yifei Chen, The Impact of ESG Performance in the Pharmaceutical Industry on Corporate Value under the Background of "Double Carbon"—Take Yunnan Baiyao as an Example. Accounting, Auditing and Finance (2024) Vol. 5: 49-55. DOI: http://dx.doi.org/10.23977/accaf.2024.050307.
REFERENCES
[1] Pan Fei, Wang Liang. Research on the Relationship between Environmental Protection Investment and Economic Performance of Enterprises [J]. New Accounting, 2015 (4): 6-11.
[2] Tang Yongjun, Xia Li. Environmental investment, quality of environmental information disclosure and enterprise value [J]. Science and Technology Management Research, 2019, 39 (10): 256-264.
[3] Zhu Qingxiang, Guo Huan, Li Xiaoqing. Research on the influence mechanism of social responsibility performance on enterprise value: mediating role based on accounting conservatism [J]. Forecast, 2019, 38 (3): 52-57.
[4] He Xianjie, Xiao Tusheng, Chen Xinyuan. Corporate Social Responsibility Information Disclosure and Corporate Financing Constraints [J]. Financial Research, 2012, 38 (8): 60-71, 83.
Downloads: | 10885 |
---|---|
Visits: | 141498 |
Sponsors, Associates, and Links
-
Information Systems and Economics
-
Industrial Engineering and Innovation Management
-
Tourism Management and Technology Economy
-
Journal of Computational and Financial Econometrics
-
Financial Engineering and Risk Management
-
Accounting and Corporate Management
-
Social Security and Administration Management
-
Population, Resources & Environmental Economics
-
Statistics & Quantitative Economics
-
Agricultural & Forestry Economics and Management
-
Social Medicine and Health Management
-
Land Resource Management
-
Information, Library and Archival Science
-
Journal of Human Resource Development
-
Manufacturing and Service Operations Management
-
Operational Research and Cybernetics