El cumplimento de los ODS y sus efectos en la rentabilidad económica en la empresa cotizada española

  1. Emma García-Meca 1
  2. Jennifer Martínez-Ferrero 2
  3. Juan Pedro Sánchez-Ballesta 3
  1. 1 Universidad Politécnica de Cartagena
    info

    Universidad Politécnica de Cartagena

    Cartagena, España

    ROR https://ror.org/02k5kx966

  2. 2 Universidad de Salamanca
    info

    Universidad de Salamanca

    Salamanca, España

    ROR https://ror.org/02f40zc51

  3. 3 Universidad de Murcia
    info

    Universidad de Murcia

    Murcia, España

    ROR https://ror.org/03p3aeb86

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Journal:
Revista de Contabilidad y Tributación. CEF

ISSN: 2695-6896,  2792-8306

Year of publication: 2021

Issue: 464

Type: Article

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More publications in: Revista de Contabilidad y Tributación. CEF

Abstract

This paper presents a triple objective for a sample of listed Spanish companies. In the first place, this study aims to understand the implication of Spanish companies in the monitoring of the Sustainable Development Goals (SDG). Second, to know the main characteristics of the companies that follow a greater compliance with them. Finally, the study also examines the association between the disclosure of the SDGs in sustainability reports and the profitability of the Spanish company, exploring whether the companies involved in the presentation of SDG reports create greater value through greater transparency and commitment to society. Using a sample of Spanish listed companies for the period 2015-2017, made up of 318 observations, the results show that companies belonging to regulated sectors with high social impact, larger and with a better financial situation, are those that show greater concern about the disclosure of information on monitoring the SDGs. Our results show that this SDG disclosure by large listed Spanish companies does not have an immediate effect on short-term business profitability term.

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