Giguet, Angueran (A.A. 2023/2024) Should a company pursue high extra-financial (ESG) performance to optimize its valuation and have privileged access to financing? Tesi di Laurea in Corporate strategy, Luiss Guido Carli, relatore Arturo Capasso, pp. 82. [Master's Degree Thesis]

Preview

PDF (Full text) Download (1MB) | Preview

Abstract/Index

The rise of ESG criteria and responsible investment. Understanding the concept of ESG. The beginnings of CSR and ESG criteria. ESG: creating value for all stakeholders. The emergence of Socially responsible investment Funds (SRI). The influence of ESG on the fundamental value of companies. Valuing a company by the fundamental value. ESG criteria applied to a company’s fundamental value. The theoretical impact of ESG on a company’s fundamental value. Applying fundamental analysis. Climate risk and asset value. The impact of ESG on companies’ access to financing. ESG ratings, a major influence on access to capital. The notion of performance. The performance of socially responsible investment funds. ESG ratings and financial returns. The limitations of ESG investing. The growing influence of ESG criteria in M&A transactions. M&A acts as a growth vector for companies. The motivations for executing a transaction for a company. The M&A transaction process. The role of ESG criteria in M&A transactions. The opinions of industry professionals.

References

Bibliografia: pp. 80-82.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair:	Corporate strategy
Thesis Supervisor:	Capasso, Arturo
Thesis Co-Supervisor:	Oriani, Raffaele
Academic Year:	2023/2024
Session:	Autumn
Deposited by:	Alessandro Perfetti
Date Deposited:	05 Jun 2025 09:06
Last Modified:	05 Jun 2025 09:06
URI:	https://tesi.luiss.it/id/eprint/42287

Downloads

Repository Staff Only

View Item