Vliv ESG skóre na výkonnost firem

This bachelor thesis explores the impact of ESG scores on corporate financial performance and valuation, in the context of the growing importance of sustainability in financial markets. ESG factors are increasingly seen as key indicators of long-term stability and responsible business conduct, yet their effect on company value remains a subject of academic debate. The aim of this thesis is to analyse whether higher ESG scores correlate with stronger financial performance and how they are reflected in valuation models. To test the hypotheses, correlation analysis and multiple linear regression were used, revealing a statistically significant positive relationship between ESG scores and the ROE indicator. To evaluate the influence of ESG on company valuation, the DCF model was applied, and results show that incorporating an ESG premium into the discount rate calculation can significantly affect the overall company valuation. The findings confirm that ESG scores are not merely a tool for marketing communication but have the potential to materially influence firms’ economic value from the perspective of both investors and managers.