Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance

Detalhes bibliográficos
Autor(a) principal: Shuwaikh, Fatima
Data de Publicação: 2024
Outros Autores: Tanguy, Agathe, Dubocage, Emmanuelle, Alolah, Othman
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
Texto Completo: http://hdl.handle.net/10400.14/47063
Resumo: This study aims to analyze the effects of venture capital (VC) financing schemes on the financial and environmental performance of their VC-backed companies. This research leverages a dataset including 325 U.S. firms between 2002 and 2022 and examines two issues of interest: independent venture capital (IVC) and corporate venture capital (CVC) funding. The results show that IVC-backed companies have significantly better environmental, social, and governance (ESG) ratings and emit fewer greenhouse gases (GHG) emissions when compared to companies backed by CVC. This highlights that the function of IVC is to improve the environmental sustainability of businesses. Together this helps provide a valuable perspective about which VC models (CVC, IVC) does have an impact on how businesses pursue sustainability practices alongside financial performance. This paper contributes to the sustainable entrepreneurship literature by focusing on the importance of funding types with performing sustainable practices.
id RCAP_a744e2f38c45d288fca55d5bb36e0c8b
oai_identifier_str oai:repositorio.ucp.pt:10400.14/47063
network_acronym_str RCAP
network_name_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository_id_str https://opendoar.ac.uk/repository/7160
spelling Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performanceCorporate venture capitalEnvironmental performanceESGFinancial performanceGreenhouse gas emissionsIndependent venture capitalThis study aims to analyze the effects of venture capital (VC) financing schemes on the financial and environmental performance of their VC-backed companies. This research leverages a dataset including 325 U.S. firms between 2002 and 2022 and examines two issues of interest: independent venture capital (IVC) and corporate venture capital (CVC) funding. The results show that IVC-backed companies have significantly better environmental, social, and governance (ESG) ratings and emit fewer greenhouse gases (GHG) emissions when compared to companies backed by CVC. This highlights that the function of IVC is to improve the environmental sustainability of businesses. Together this helps provide a valuable perspective about which VC models (CVC, IVC) does have an impact on how businesses pursue sustainability practices alongside financial performance. This paper contributes to the sustainable entrepreneurship literature by focusing on the importance of funding types with performing sustainable practices.VeritatiShuwaikh, FatimaTanguy, AgatheDubocage, EmmanuelleAlolah, Othman2024-10-29T10:26:40Z2025-012025-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.14/47063eng852067002430275-531910.1016/j.ribaf.2024.102632info:eu-repo/semantics/openAccessreponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiainstacron:RCAAP2025-03-13T11:35:28Zoai:repositorio.ucp.pt:10400.14/47063Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireinfo@rcaap.ptopendoar:https://opendoar.ac.uk/repository/71602025-05-29T01:43:12.112757Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologiafalse
dc.title.none.fl_str_mv Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
title Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
spellingShingle Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
Shuwaikh, Fatima
Corporate venture capital
Environmental performance
ESG
Financial performance
Greenhouse gas emissions
Independent venture capital
title_short Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
title_full Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
title_fullStr Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
title_full_unstemmed Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
title_sort Insights for sustainable business practices: comparative impact of independent and corporate venture capital funding on financial and environmental performance
author Shuwaikh, Fatima
author_facet Shuwaikh, Fatima
Tanguy, Agathe
Dubocage, Emmanuelle
Alolah, Othman
author_role author
author2 Tanguy, Agathe
Dubocage, Emmanuelle
Alolah, Othman
author2_role author
author
author
dc.contributor.none.fl_str_mv Veritati
dc.contributor.author.fl_str_mv Shuwaikh, Fatima
Tanguy, Agathe
Dubocage, Emmanuelle
Alolah, Othman
dc.subject.por.fl_str_mv Corporate venture capital
Environmental performance
ESG
Financial performance
Greenhouse gas emissions
Independent venture capital
topic Corporate venture capital
Environmental performance
ESG
Financial performance
Greenhouse gas emissions
Independent venture capital
description This study aims to analyze the effects of venture capital (VC) financing schemes on the financial and environmental performance of their VC-backed companies. This research leverages a dataset including 325 U.S. firms between 2002 and 2022 and examines two issues of interest: independent venture capital (IVC) and corporate venture capital (CVC) funding. The results show that IVC-backed companies have significantly better environmental, social, and governance (ESG) ratings and emit fewer greenhouse gases (GHG) emissions when compared to companies backed by CVC. This highlights that the function of IVC is to improve the environmental sustainability of businesses. Together this helps provide a valuable perspective about which VC models (CVC, IVC) does have an impact on how businesses pursue sustainability practices alongside financial performance. This paper contributes to the sustainable entrepreneurship literature by focusing on the importance of funding types with performing sustainable practices.
publishDate 2024
dc.date.none.fl_str_mv 2024-10-29T10:26:40Z
2025-01
2025-01-01T00:00:00Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/10400.14/47063
url http://hdl.handle.net/10400.14/47063
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv 85206700243
0275-5319
10.1016/j.ribaf.2024.102632
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.source.none.fl_str_mv reponame:Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
instname:FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron:RCAAP
instname_str FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
instacron_str RCAAP
institution RCAAP
reponame_str Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
collection Repositórios Científicos de Acesso Aberto de Portugal (RCAAP)
repository.name.fl_str_mv Repositórios Científicos de Acesso Aberto de Portugal (RCAAP) - FCCN, serviços digitais da FCT – Fundação para a Ciência e a Tecnologia
repository.mail.fl_str_mv info@rcaap.pt
_version_ 1833601097323773952

Registros relacionados