Work

The Impact of CSR/ESG on the Cost of Capital: A Case Study of US Companies

Year: 2021

Type: article

Abstract: PURPOSE: The paper identifies the direction and strength of the relationship between individual \nESG elements (and ESG as a whole) and the weighted average cost of capital, the cost of \nequity, and debt. The research was based on US market company data from the Thomson \nReuters Eikon database. Some modifications have been applied to the survey methodology \ncompared to that previously used in the literature, making it possible to present comprehensive \nand more congruent results. Identifying the direction and strength of the relationship between \nindividual elements of ESG and ESG as a whole and the cost of capital (weighted average, \nequity, and debt).

Source: EUROPEAN RESEARCH STUDIES JOURNAL

DOI: 10.35808/ersj/2510

Authors: Agnieszka Piechocka-Kaluzna, Agnieszka Tluczak, Pawel Lopatka

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W3205103557

FWCI: 2.028

Cites:

Cited by: 24

Related to: 10