Date of Award
Fall 1-3-2022
Document Type
Thesis
Degree Name
Master of Arts (MA)
Department
Economics
First Advisor
Ingmar Nyman
Second Advisor
Devra Golbe
Academic Program Adviser
Karna Basu
Abstract
A major issue concerning companies is global warming and the impact that firms have on the environment. Companies are taking steps towards sustainability, but it is unclear if sustainable business practices are beneficial to companies’ financial performance. This paper examines the effect of environmental corporate social responsibility (CSR) of Fortune 250 companies on financial performance. The analysis reveals significant effects on financial performance, but they are inconsistent and hard to interpret.
Recommended Citation
Acevedo, Kevin, "The Effects of Environmental Corporate Social Responsibility on Financial Returns" (2022). CUNY Academic Works.
https://academicworks.cuny.edu/hc_sas_etds/831
Included in
Business Administration, Management, and Operations Commons, Corporate Finance Commons, Econometrics Commons, Economic Theory Commons, Environmental Studies Commons, Finance Commons, Other Economics Commons