중소기업의 ESG 지배구조 속성이 경영성과에 미치는 영향

Purpose – The purpose of this study is to investigate the impact of three ESG governance attributes, soundness, transparency, and justice, on the financial and non-financial performance of SMEs. Design/Methodology/Approach – To conduct empirical analysis in this study, a survey was conducted on 127 small and medium-sized businesses through Jeonnam Techno Park in the Jeonnam Small and Medium Business Jobs and Economic Promotion Agency located in Jeonnam; an empirical analysis was conducted based on the survey data. Findings – As a result of the empirical analysis, soundness among the governance attributes of small and medium-sized enterprises was found to have a significant positive impact on financial performance, while transparency and justice were found to have no significant impact on financial performance. Meanwhile, the transparency and justice of small and medium-sized enterprises were found to have a significant positive impact on non-financial performance, while soundness was found to have no significant effect on non-financial performance. Research Implications – The results of this study present meaningful implications in that this study identifies the relationship between each factor of governance structure that can affect the financial and non-financial performance of small and medium-sized enterprises in different relationships and ways.