Achievement of both Growth and Environmental Conservation by Digital Platform Providers

Authors

  • Masao Tsujimoto Department of Business Management, Tokyo-Shibuya Campus, Japan University of Economics, Japan.

DOI:

https://doi.org/10.32479/ijeep.13152

Abstract

This study explores the achievement of both growth and environmental conservation by digital platform providers, employing financial performance and environmental impact data from six providers in the US and Japan. 1) The regression analyses confirm the Environmental Kuznets Curve (EKC) hypothesis in three combinations of earnings per share (EPS)–electricity consumption or waste generation, treasury stocks–water consumption, and an inverted N-shaped curve in the combination of EPS–Scope 2 CO₂ emissions. 2) The growing trend of Environment, Society, and Governance (ESG)-oriented investment has acted as competitive pressure on the providers for fundraising, especially in spurring them to disclose information. 3) Both increasing EPS to the verified thresholds and ESG-oriented management are deciding factors, and any advanced EPS and ESG-based approaches could contribute toward developing academic frontiers.

Keywords:

Earnings per share, Environment, society and governance, Investment and information disclosure, Environmental Kuznets Curve hypothesis

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Published

2022-07-19

How to Cite

Tsujimoto, M. (2022). Achievement of both Growth and Environmental Conservation by Digital Platform Providers. International Journal of Energy Economics and Policy, 12(4), 78–86. https://doi.org/10.32479/ijeep.13152

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Section

Articles