This edited volume covers Environmental, Social, and Governance (ESG) topics and their impact on companies' financial performance. It is the outcome of an academic research group coordinated by the Italian Society of Professors of Business Administration and Accounting. The book discusses corporate governance, management accounting and control systems, performance measurement, auditing and risk management, and their roles in business strategy and corporate finance. It includes several case studies from Italian corporation to illustrate the theories and their implementation in practice.

Presents empirical research on ESG performance in companies Illustrates the concepts with case studies from Italy Discusses how to integrate ESG into business models

Autorentext

Nicola Castellano is Associate Professor of Management Accounting at the Department of Economics and Management of the University of Pisa (Italy).

Francesco De Luca is Professor of International Accounting and Financial Reporting at the University G. d'Annunzio of Chieti-Pescara (Italy).

Giuseppe D'Onza is Professor of Financial Auditing and Risk Managementat the University of Pisa (Italy).

Marco Maffei is Professor of Financial Accounting at the Department of Economics, Management, Institutions at the University of Naples Federico II (Italy).

Andrea Melis is Professor of Accounting and Corporate Governance at the University of Cagliari (Italy).

Inhalt

Benefit Corporations and Business Models for Sustainability. The case of Way2Global.- The relationship between mission statements and ESG.- Transition of food systems business models and sustainable performance: the story of a family firm.- The interaction effects between cultural values, ESG and green innovation.- Staff training through the ESG lens: Insights from case studies.- ESG concerns and teaching processes in higher education, an experimental approach.- The evolution of CSR contracting in Italian non-financial listed companies.- Exploring the Integration of Sustainability in Executive Remuneration Design: Evidence from large non-financial listed companies in France, Germany, and Italy.- ESG and Corporate Reputation in energy sector companies.- ESG performance, corporate governance mechanisms, and ESG risk rating: Evidence from Europe.- CSR Board Committees and Value Relevance in Italian Listed Companies.- The role of the sustainability committee in the environmental risk management: Evidence from Italian public companies.- CSR managers and ESG performance: an empirical research.- The value relevance of Environmental, Social, Governance performance.- Is the firm value affected by the ESG performance? A study on small-capitalized European listed energy companies.- The integration of sustainability into the risk management process and the impact of the energy crisis and green transition: insights from a Danish energy trading company.- The influence of ESG risks on corporate governance rating ESG risk identification and mitigation under the SEC regulation in the Aerospace and Defence sector.- Double Materiality in Corporate Sustainability: Insights from Italian Companies.- Investigating the Interaction between ESG Measurement, Sustainability Reporting, and Management Control Systems.- Financial reporting and climate information: the Italian case.- Exploring the relevance of sustainability reporting using a performativity approach. A case study in the Agrifood sector.- Does financial performance drive ESG performance? Empirical evidence from European listed companies.- Does ESG performance affect firms' performance? Evidence from European energy companies.- Please, help me to improve: The role of targets' E, S & G scores in M&As' operations.- Why go industry-specific with ESG indicators? Testing their validity and explanatory power for financial performance.- The association between environmental and financial performance in the Oil and Gas industry: an institutional approach.- Does the COVID-19 pandemic reward firms performing better on corporate social matters?.- The role of information systems in controlling and monitoring ESG performance. Evidence from an empirical study.- ESG regulation and accountability: shall we really imagine Sisyphus happy?.- Tools for Implementing ESG factors in Asset Management Banking Policies: The Case of Fideuram-Intesa Sanpaolo Private Banking.- The integration of ESG issues in community banking: contextual factors and strategic managerial perceptions.- Integrating ESG into a business model: a case study from a non-profit organization.- Integrating ESG into the business model through a network approach. Insights from a case study.- Barriers and Benefits of Implementing Circular Economy Models: A Case Study Analysis.- Transforming ESG accountability practices into managerial ones.- Implementing ESG in a family business operating in a sensitive industry in the light of institutional theory.- A Systems Perspective on Sustainability Management Systems: Lessons for SMEs.- Towards the identification of KPIs for credible climate transition planning by EU non-financial borrowers in hard-to-abate sectors.