Research on the impact of ESG stances on corporate behavior

For the global economy to achieve sustainable growth, companies need to further incorporate Environmental, Social, and Governance (ESG) considerations into their operations. This study analyzes how shifts in the ESG stances of Japanese firms impact their domestic and overseas capital investment, cost of capital, corporate value, and other outcomes.

(Research Results, Papers, etc.)

• ESG as a Tool for Advancing SDGs from High-Income to Low-Income Countries: Evidence from Matched Data of Japanese Central Headquarters and Overseas Subsidiaries（ESRI Discussion Paper No.390）
  Yosuke Yasui, Kazuki Kitatuji, Minoru Masujima, Pravakar Sahoo, Towa Tachibana, March ,2024