RESEARCH GROUP ON CORPORATE FINANCE AND SUSTAINABLE DEVELOPMENT - FIDES

Reference of the Group:

GIUV2025-649

 
Description of research activity:
The Sustainable Development Goals (SDGs) established by the UN in the 2030 Agenda have highlighted the need to incorporate sustainability criteria into the business world. Environmental, social and governance (ESG) considerations have become critically important in business investment and financing decisions, transforming traditional methods of financial evaluation. Companies are now faced with the need to integrate sustainability criteria into their capital structures and investment strategies, which represents a transformation of traditional value creation models. This reorientation is essential to maintain access to financing in capital markets that are progressively incorporating sustainability criteria into their risk assessments. In addition, the transition from a fossil fuel-based economy to one based on renewable energy sources requires investment in technological innovation to ensure sustainable management of energy resources without affecting productive capacity. The transformation towards sustainable business models requires changes in financial decision-making mechanisms, as it directly affects business valuation and relationships with financial stakeholders. This...The Sustainable Development Goals (SDGs) established by the UN in the 2030 Agenda have highlighted the need to incorporate sustainability criteria into the business world. Environmental, social and governance (ESG) considerations have become critically important in business investment and financing decisions, transforming traditional methods of financial evaluation. Companies are now faced with the need to integrate sustainability criteria into their capital structures and investment strategies, which represents a transformation of traditional value creation models. This reorientation is essential to maintain access to financing in capital markets that are progressively incorporating sustainability criteria into their risk assessments. In addition, the transition from a fossil fuel-based economy to one based on renewable energy sources requires investment in technological innovation to ensure sustainable management of energy resources without affecting productive capacity. The transformation towards sustainable business models requires changes in financial decision-making mechanisms, as it directly affects business valuation and relationships with financial stakeholders. This process requires rigorous analysis from a corporate finance perspective to understand its implications for value creation and business risk management. In this context, the main objective of this research group is to analyse the financial effects of implementing social responsibility systems aimed at sustainable development. The research focuses on analysing corporate financial decisions that facilitate the achievement of the SDGs, the energy transition and the incorporation of sustainability policies into business strategy. A fundamental aspect of the research is to examine how companies incorporate environmental and social objectives into their corporate strategy, differentiating between genuine commitments and greenwashing and socialwashing practices. The analysis of greenwashing and socialwashing is crucial to determine whether companies engage in these behaviours solely to gain social legitimacy or whether there is a real commitment to sustainability that translates into tangible financial benefits. The research specifically addresses the impact that policies aimed at improving employee satisfaction have on company value and financial risk. It examines how gender diversity in management positions and executive compensation systems influence corporate sustainability and corporate value and risk. The group also investigates the financial management of the effects of climate change and its impact on long-term value creation and the sustainability of the business model.
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Scientific-technical goals:
  • Analizar los determinantes financieros de la adopcion de estrategias de sostenibilidad corporativa.
  • Contrastar la relacion de la satisfaccion de los empleados con el comportamiento sostenible de la firma asi como su incidencia en el valor y en el riesgo financiero de la empresa
  • Investigar si la innovacion medioambiental dirigida a la reduccion de las emisiones de gases efecto invernadero es valorada en los mercados financieros.
  • Analizar si el comportamiento social y eticamente responsable de la empresa es autentico o resultado de practicas de lavado y si es valorado en los mercados financieros.
 
Research lines:
  • Finance and sustainable development (greenwashing).Analyse companies' commitment to sustainability and climate change objectives, as well as the economic, social and environmental effects of this commitment and, in particular, how these actions can help the competitiveness and survival of the firm.
  • Finance and human capital (management teams and employee satisfaction).Analyse companies' commitment to women's participation in decision-making and the well-being of their employees. Compare the economic, social and environmental effects of this commitment and how these actions can contribute to business competitiveness and sustainability.
 
Group members:
Name Nature of participation Entity Description
MARIA BEGOÑA HERRERO PIQUERASDirectorUniversitat de València
Research team
CONSTANTINO JOSE GARCIA MARTINMemberUniversitat de València
BEATRIZ MARTINEZ MARTINEZMemberUniversitat de València
LUIS EDUARDO VILA LLADOSACollaboratorUniversitat de València
FRANCISCO GABRIEL MORILLAS JURADOCollaboratorUniversitat de València
INMACULADA BEL OMSCollaboratorUniversitat de València
NATALIA OLMOS GARCÍACollaboratorUniversitat de València - Estudi GeneralUVEG PhD student
 
CNAE:
  • -
 
Associated structure:
  • Business Finance