CORPORATION’S LONG-TERM VALUE TAKING INTO ACCOUNT ESG FACTORS

Author(s): Brodunov A.N., Bushueva N.V.

Rubric: Management

DOI: 10.21777/2587-554X-2023-2-81-93

Release: 2023-2 (45)

Pages: 81-93

Keywords: ESG factors, environment, social responsibility, corporate governance, long-term business value

Annotation: Currently, there is a process of global redistribution of capital flows in favor of markets that ensure the promotion of sustainable development goals, and the consideration in corporate strategies of factors related to responsible attitude to the environment, high social responsibility, proper quality of corporate governance (together: ESG) is analyzed by market agents and evaluated from the point of view of the ability of corporations to create long-term value. The scientific and methodological problem lies in the fact that currently the methodological apparatus related to the assessment of the effectiveness of management decisions made in terms of the implementation of ESG projects and their impact on the value of the corporation is insufficiently developed. The article is devoted to the technology of valuation and value-based management, taking into account environmental, social and corporate governance factors in harmony with the factors of the economic nature of the corporation’s activities, which formulates the goal of creating sustainable corporate value.

Bibliography: Brodunov A.N., Bushueva N.V. CORPORATION’S LONG-TERM VALUE TAKING INTO ACCOUNT ESG FACTORS // Economics and Management. – 2023. – № 2 (45). – С. 81-93. doi: 10.21777/2587-554X-2023-2-81-93