ESG 사회평가와 사회공헌활동비와의 관계

The purpose of this study is to investigate the relationship between corporate social contribution costs and ESG evaluation information (social evaluation) of Korea Corporate Governance Service as a measure of corporate social contribution activities. In order to achieve the purpose of the study, 674 research samples were selected from 1,627 corporate-year social rating scores of the Korea Corporate Governance Service that released the ESG evaluation results for five years from 2013 to 2016, Respectively. As a result of the study, the social contribution activities of corporations have a positive effect on the ESG social assessment as assumed in this study. These results indicate that the increase (decrease) in social contribution activities of the corporation means that the ESG social score increases (decreases). In addition, regression analysis to verify whether donations, welfare, and education and training costs have a significant impact on ESG social assessment, they all have positive effects on ESG social assessment as expected in this study. This study is meaningful as a research that tries to correlate ESG social evaluation and social contribution activity cost in sustainability management which is emerging as a concept of corporate management which is important today. However, this study limits the study that the market characteristics do not distinguish the different results by analyzing the KOSPI and the KOSDAQ market as a whole.