ESG ASPECTS THAT INFLUENCE INVESTORS DECISION- MAKING – A QUALITATIVE ANALYSIS
ESG ASPECTS THAT INFLUENCE INVESTORS DECISION- MAKING – A QUALITATIVE ANALYSIS

Author(s): PETER SCHMUNKAMP
Subject(s): Economy
Published by: Editura Universităţii »Alexandru Ioan Cuza« din Iaşi
Keywords: ESG; sustainability; investments; reporting; frameworks
Summary/Abstract: Purpose – The purpose of this paper is to investigate the main aspects of ESG that influence decision making in the process of investments and to define an ESG word catalogue, that can be a basis for future research.Design/methodology/approach – Research and papers about the influence of ESG information on investors decision making are discussed by a qualitative content analysis to define the most common topics of ESG. Furthermore, latest sustainability reports of the Dow Jones companies are analysed with a QCA with the aim to identify the most common used ESG words.Findings – An all-encompassing statement on the question of which ESG topics are of high importance for investment decisions can only be made if investor groups are surveyed in addition to researchers and the respective companies. Nevertheless, this research provides a basis for future research that aims to further investigate the interactions between ESG information and market effects.Originality/value – This paper provides important new insights that can be used to better define the key parameters of the ESG megatrend and, building on this, support further research in this area.

• Details
• Contents