| Title | Environmental accounting: analysis of the participation in the business sustainability index (ise) and the profitability of the companies listed in [B]3 |
|---|---|
| ID_Doc | 70992 |
| Authors | Silva, VD; Lucena, WGL |
| Title | Environmental accounting: analysis of the participation in the business sustainability index (ise) and the profitability of the companies listed in [B]3 |
| Year | 2019 |
| Published | Revista Gestao & Tecnologia-Journal Of Management And Technology, 19.0, 2 |
| Abstract | Environmentally sustainable investments are important factors for companies to be competitive and they can reflect in a better economic-financial business performance. The objective of this article was to analyze the relationship between the participation of companies in the Corporate Sustainability Index (ISE) and their profitability. In order to do so, 590 companies listed on the Stock Exchange of Brazil were surveyed, and the period analyzed covered the years 2010 to 2016. The relationships among the variables were studied through regression of the panel data model with effects fixed and robust standard errors. The results obtained in the research revealed a positive relationship between the participation of companies in the Corporate Sustainability Index and their ROA (Return on Asset), so it is understood that this can be an attractive for companies to strive participate in the index in order to improve its performance. |
| http://revistagt.fpl.edu.br/get/article/download/1563/932 |
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