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Sustainable Development in Spanish Listed Companies: A Strategic Approach

机译:西班牙上市公司的可持续发展:一种战略方法

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摘要

Companies should be interested in implementing corporate social responsibility (CSR) practices not only for ethical reasons, but also for their potential profits. Considering the need to confirm this relationship more thoroughly, this research is based on the only stock market index in Spain which is an objective indicator of best business practices. The purpose of this study is to find out whether being listed in the FTSE4Good IBEX explains a different ulterior financial performance. To this end, the potential accounting and stock market differences between two groups of companies listed in the Spanish IBEX are analysed: those classified as responsible due to their inclusion in the responsible company index and those companies which, as they are not in it, do not receive this denomination. The study, conducted according to the CSR strategic approach, covers 2008-2013. Its outcomes confirm the presence of significant differences between the two groups. Copyright (c) 2017 John Wiley & Sons, Ltd and ERP Environment
机译:公司不仅出于道德原因,而且出于其潜在利益,都应该对实施公司社会责任(CSR)做法感兴趣。考虑到需要更彻底地确认这种关系,本研究基于西班牙唯一的股票市场指数,该指数是最佳商业惯例的客观指标。这项研究的目的是查明是否在FTSE4Good IBEX中被列出可以解释别有用心的财务业绩。为此,分析了西班牙IBEX上市的两类公司之间潜在的会计和股票市场差异:由于归类为负责任公司指数而被归类为负责人的公司,以及那些不在其中的公司没有收到此面额。该研究根据企业社会责任战略方法进行,涵盖2008-2013年。其结果证实了两组之间存在显着差异。版权所有(c)2017 John Wiley&Sons,Ltd和ERP Environment

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