사회적가치지향성 기반 벤처기업의 ESG경영인식과 경영성과

This study analyzed the impact of social value orientation on ESG management awareness (necessity, pressure) and management performance (financial, non-financial) of venture companies. It is a research model in which social value orientation affects ESG necessity and external pressure of ESG, and directly and indirectly affects financial performance and non-financial performance. The results of the analysis showed that the higher the level of social value orientation of a venture company, the stronger the perception of the necessity of ESG management. In addition, social value orientation had a significant positive effect on both financial performance and non-financial performance, confirming that a management attitude that values ​​social value contributes to improving the financial performance and enhancing non-financial performance of a company. On the other hand, it was shown that the greater the external pressure for ESG management felt by a company, the better its financial performance, suggesting that companies that improved their management activities in response to stakeholders’ ESG demands achieved results in terms of sales and profits. On the other hand, ESG necessity and pressure were found to have no statistically significant effect on non-financial performance, showing that ESG management efforts may not lead to intangible results in the short term.