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珈柠 · 2024年10月11日

A选项不理解

NO.PZ2024010501000005

问题如下:

Which of the following statements regarding externalities is most accurate?

选项:

A.

Externalities occur due to environmental or social factors.

B.

When externalities are positive, private costs are lower than societal costs.

C.

Internalization of externalities improves companies’ financial performance.

解释:

A is correct. Externalities can occur due to environmental factors, such as pollution, or social factors—for example, when companies fail to pay a minimum wage. When externalities are positive, private costs are higher than societal costs. When externalities are negative, private costs are lower than societal costs. Internalization of these externalities could significantly impact the costs and profits of companies’ products and services, affecting their bottom line.

请问外部性为什么跟ESG里面的G没有关系?

2 个答案
已采纳答案

净净_品职助教 · 2024年10月24日

嗨,努力学习的PZer你好:


教材并没对外部性和治理议题之间有什么关系做出直接的讲解,也没有直接或者间接关系相关的讨论。前面同学的提问算是拓展理解,个人认为可以把治理议题作为解决外部性的办法,前面说到“通过制定合理的战略和政策来减少负面外部性”,说明治理议题的管理对外部性问题有着很重要的作用。而环境和社会议题涉及到的问题往往是负外部性的表现形式,因为负外部性正式企业的行为对社会和环境产生了负面影响。


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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

净净_品职助教 · 2024年10月11日

嗨,努力学习的PZer你好:


外部性与 ESG 中的 “G”(公司治理)并非没有关系,只是在上述解释中没有直接体现出与 “G” 的联系。

外部性可能与公司治理存在以下间接关系:

从公司治理角度看,良好的公司治理结构应考虑到公司决策对各利益相关方的影响,包括对社会和环境的外部影响。例如,在决策过程中,公司如果充分考虑其经营活动可能产生的外部性,通过制定合理的战略和政策来减少负面外部性,这反映了公司在治理方面的积极作为。如在环境外部性方面,公司治理可以通过制定环保政策、加强环境风险管理等方式来应对;在社会外部性方面,公司治理可以促使公司遵守法律法规、履行社会责任,如合理支付员工工资(涉及上述解释中的社会因素导致的外部性及最低工资问题)等。

所以,不能简单地认为外部性与 ESG 中的 “G” 没有关系。

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就算太阳没有迎着我们而来,我们正在朝着它而去,加油!

珈柠 · 2024年10月24日

所以外部性与E和S有直接关系,跟G有间接关系,我这样理解对吗?

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