Study on Enterprise Value Evaluation Based on ESG: Taking Tesla Enterprise as An Example

Bo FENG, Liting CHENG, Junwen FENG

Abstract


With the deepening of the concept of green development and high-quality economic development, enterprises have played an important role in practicing the new development concept. In order to better integrate the development of enterprises into the sustainable development of society, more and more excellent Chinese enterprises shoulder the great responsibility mission of fulfilling social responsibility, optimizing social and corporate governance. The concept of ESG provides a comprehensive framework for enterprises to complete this mission and goal. Paying attention to the company’s ESG performance is helpful to understand its sustainable development ability, so as to promote the performance of the whole enterprise and even the whole industry in all aspects. Firstly, this paper summarizes the relevant research results. Secondly, combined with the characteristics of enterprise value, this paper analyzes its value influencing factors, selecting ESG indicators as well as other relevant indicators to design and construct an evaluation model based on ESG enterprise value evaluation system. Finally, taking Tesla enterprise as an example, this paper analyzes the rationality of ESG concept on enterprise value evaluation, it also puts forward corresponding deficiencies, summarizes and looks forward to relevant research methods.


Keywords


Enterprise value; ESG; Sustainable development

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DOI: http://dx.doi.org/10.3968/12409

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