生物多样性得分对欧洲公司业绩的影响

IF 9.8 1区经济学 Q1 BUSINESS, FINANCE

International Review of Financial Analysis Pub Date : 2025-07-19 DOI:10.1016/j.irfa.2025.104460

Caterina Di Tommaso , Matteo Foglia , Vincenzo Pacelli

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引用次数: 0

摘要

本研究旨在通过调查生物多样性得分对企业财务绩效的影响，为企业与环境的关系做出贡献。通过对36家欧洲企业的面板模型分析，我们发现生物多样性影响减少得分与财务绩效和企业价值之间存在显著的正相关关系。这些发现突出了有效的生物多样性管理、提高运营效率和增强投资者信心的财务优势。我们的研究结果为企业决策者和学术界提供了有用的见解，揭示了生物多样性相关风险的经济影响。

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The impact of biodiversity score on the European firm’s performance

This study aims to contribute to the corporate-environment nexus by investigating the impact of biodiversity scores on firms’ financial performance. Employing a panel model applied to 36 European firms, we find a positive and statistically significant relationship between the Biodiversity Impact Reduction Score and financial performance and firm value. These findings highlight the financial advantages of effective biodiversity management, improving operational efficiency and strengthening investor confidence. Our results offer useful insights for both corporate decision-makers and the academic community, shedding light on the economic implications of biodiversity-related risks.

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来源期刊

International Review of Financial Analysis BUSINESS, FINANCE-

CiteScore

10.30

自引率

9.80%

发文量

366

期刊介绍： The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.