This concise paper presents a longitudinal analysis of 688 companies from the Refinitiv database that have won grants and had their environmental, social, and governance (ESG) score assessed over the past eight years. The results of this research express the existence of a full mediation of R&D investments on the relationship between the grants won and the company's ESG score. Thus, it supports that the more a company is able to receive public funds, the more it succeeds in increasing its innovation activities and improve its corporate social responsibility performance.

The mediating role of R&D investments in the relationship between awarded grants and ESG performance

Canio Forliano
Co-first
;
Jacopo Ballerini
Co-first
;
Paola De Bernardi;
2022-01-01

Abstract

This concise paper presents a longitudinal analysis of 688 companies from the Refinitiv database that have won grants and had their environmental, social, and governance (ESG) score assessed over the past eight years. The results of this research express the existence of a full mediation of R&D investments on the relationship between the grants won and the company's ESG score. Thus, it supports that the more a company is able to receive public funds, the more it succeeds in increasing its innovation activities and improve its corporate social responsibility performance.
2022
IEEE International Conference on Technology Management, Operations and Decisions (ICTMOD)
Marrakech
23-25 Novembre 2022
2022 IEEE International Conference on Technology Management, Operations and Decisions (ICTMOD)
IEEE
1
5
https://ieeexplore.ieee.org/document/10041825
public funding, R&D investments, ESG performance
Canio Forliano, Jacopo Ballerini, Paola De Bernardi, Roberto Quaglia
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2318/1893439
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