| Title: |
Exploring the Causal Links Between ESG, R&D, and Firm Performance: Evidence from the US Technology and Food Companies |
| Authors: |
Boga, Semra; Bozkurt, Gozde; Tatli, Hasan Sadik; Gillpatrick, Tom |
| Source: |
Business Faculty Publications and Presentations |
| Publisher Information: |
PDXScholar |
| Publication Year: |
2025 |
| Collection: |
Portland State University: PDXScholar |
| Subject Terms: |
Firm performance -- Technology sector; Business |
| Description: |
This study examines the causal relationships between ESG (Environmental, Social, and Governance) compliance, R&D expenditures, and financial performance in the technology and food sectors in the US. A panel dataset from 2012 – 2021 from the Thomson Reuters database was analysed for 12 food and 18 technology companies. The findings show that there are different causal relationships between sectors. While R&D investments in the technology sector positively affect firm performance by increasing ESG compliance, firm performance in the food sector directs ESG compliance, encouraging R&D investments. The study emphasizes that sectoral differences should be considered in sustainability and R&D strategies and guides policymakers and managers to develop approaches appropriate to the dynamics of the sector. |
| Document Type: |
text |
| File Description: |
application/pdf |
| Language: |
unknown |
| Relation: |
https://pdxscholar.library.pdx.edu/busadmin_fac/387; https://pdxscholar.library.pdx.edu/context/busadmin_fac/article/1392/viewcontent/081212303_4_25_BOĞA_ŞAHİN___SR.pdf |
| DOI: |
10.31577/ekoncas.2025.03-04.01 |
| Availability: |
https://pdxscholar.library.pdx.edu/busadmin_fac/387; https://doi.org/10.31577/ekoncas.2025.03-04.01; https://pdxscholar.library.pdx.edu/context/busadmin_fac/article/1392/viewcontent/081212303_4_25_BOĞA_ŞAHİN___SR.pdf |
| Rights: |
Copyright (c) 2025 The Authors This work is licensed under a Creative Commons Attribution 4.0 International License . |
| Accession Number: |
edsbas.AEDC3D9 |
| Database: |
BASE |