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The Relationship Between ESG Scores and Net Profit Growth in the Light of Factors Determining It

dc.contributor.authorZengin, Burcu
dc.contributor.authorBolek, Monika
dc.date.accessioned2025-07-04T16:43:24Z
dc.date.available2025-07-04T16:43:24Z
dc.date.issued2025-06-30
dc.identifier.issn2391-6478
dc.identifier.urihttp://hdl.handle.net/11089/55840
dc.description.abstractThe purpose of the article. The aim of the article is to analyze the growth of net profits in the context of factors influencing it, taking into account ESG strategy implemented by companies.Methodology. In the research, data from 238 matured, European companies, covering the period from 2013 to 2023, was analyzed. OLS models were tested, taking into account heteroscedasticity correction.Results of the research. As a result of the research, it was found that the profitability of assets and their size have a positive impact on the increase in net profits of the surveyed enterprises, but ESG has a negative influence on this increase, with environmental and social scores being statistically significant, while governance does not significantly affect the increase in profits, and therefore value creation.en
dc.language.isoen
dc.publisherWydawnictwo Uniwersytetu Łódzkiegopl
dc.relation.ispartofseriesJournal of Finance and Financial Law;46en
dc.rights.urihttps://creativecommons.org/licenses/by-nc-nd/4.0/
dc.subjectESG Scoresen
dc.subjectESG Pillarsen
dc.subjectProfitabilityen
dc.subjectNet Profit Growthen
dc.titleThe Relationship Between ESG Scores and Net Profit Growth in the Light of Factors Determining Iten
dc.typeArticle
dc.page.number55-71
dc.contributor.authorAffiliationZengin, Burcu - Ankara Haci Bayram Veli University, Department of Business, Türkiyeen
dc.contributor.authorAffiliationBolek, Monika - University of Lodz, Faculty of Economics and Sociologyen
dc.identifier.eissn2353-5601
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dc.contributor.authorEmailZengin, Burcu - burcu.zengin@hbv.edu.tr
dc.contributor.authorEmailBolek, Monika - joffl@uni.lodz.pl
dc.identifier.doi10.18778/2391-6478.2.46.04
dc.relation.volume2


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