AI企業のESG情報開示と資本市場パフォーマンス：マイクロソフトの事例研究
ESG Information Disclosure and Capital Market Performance of AI Enterprises: A Case Study of Microsoft (原題)
Rongyu Ji
🤖 gxceed AI 要約
日本語
本研究は、AI企業におけるESG情報開示が資本市場のパフォーマンスに与える影響を、マイクロソフトの事例を通じて質的に分析した。ESG開示の完全性、開放性、AI固有のガバナンスが高いことを示し、責任あるAI、サイバーセキュリティ、データプライバシーなどが新たなESGリスクとして認識されていることを明らかにした。高品質なESG開示は情報の非対称性を減らし、投資家の信頼を高めることで市場パフォーマンスを向上させる。
English
This qualitative case study of Microsoft examines how ESG information disclosure affects capital market performance in AI enterprises. It finds that completeness, openness, and AI-specific governance of ESG disclosure are high, with responsible AI, cybersecurity, and data privacy emerging as new ESG risks. High-quality ESG disclosure enhances market performance by reducing information asymmetry and boosting investor confidence.
Unofficial AI-generated summary based on the public title and abstract. Not an official translation.
📝 gxceed 編集解説 — Why this matters
日本のGX文脈において
日本では、AI企業のESG開示はSSBJ基準や有報での情報開示が進む中、AIリスクの開示が今後の課題となる。本稿は、AI時代のESGリスクを具体的に示し、日本企業の開示実務に示唆を与える。
In the global GX context
Globally, as AI regulation and ESG frameworks evolve, this study highlights the need for AI-specific ESG disclosure, aligning with ISSB and CSRD trends. It provides a benchmark for how leading tech firms integrate AI governance into sustainability reporting.
👥 読者別の含意
🔬研究者:AI企業のESG開示研究のための質的事例を提供し、将来の定量研究の基盤となる。
🏢実務担当者:AI関連リスクをESG開示に組み込む際の参考事例として活用できる。
🏛政策担当者:AI企業のESG開示基準策定におけるAIリスク項目の重要性を示す。
📄 Abstract（原文）
With the rapid development of artificial intelligence (AI), technology enterprises are now facing increasing expectations from all sectors of society for sustainable development, ethical governance and corporate transparency. Disclosures of Environmental, Social and Governance (ESG) information have reduced information asymmetry and boosted investor confidence in the company. Most studies to date have concentrated on traditional industries, and the application of ESG disclosure in AI enterprises has not been extensively studied. Research on the Impact of ESG Information Disclosure on Capital Market Performance in AI Enterprises: A Qualitative Case Study of Microsoft. Based on the above literature review and case studies, this paper will examine the ESG disclosure traits and sustainability efforts of Microsoft, and explore how such factors might affect the company's market performance. According to the above research, the completeness, openness and AI-specific governance of Microsoft's ESG disclosure are all relatively high. Responsible AI, cybersecurity measures, data privacy protection and technology risk management have all been added to the new list of ESG risks in the era of artificial intelligence. Based on the above analysis, high-quality ESG disclosures will enhance capital market performance by improving information symmetry, increasing investor confidence, promoting corporate reputation enhancement, and reducing uncertainty under the risk of AI. In light of the above contributions, this study is still limited by a single case and a qualitative approach. Future studies may employ a comparative and quantitative method to explore the reasons behind the differences in the effect of ESG disclosures on market prices of AI companies. This study provides some information on ESG governance in AI companies and shows that AI-focused ESG disclosure is gradually being applied to support long-term development of these companies.
🔗 Provenance — このレコードを発見したソース
- openalex https://doi.org/10.54254/2754-1169/2026.36307first seen 2026-09-02 04:56:40
🔔 こうした論文の新着を逃したくない方は キーワードアラート に登録（無料・3キーワードまで）。
gxceed は公開メタデータに基づく研究支援データセットです。要約・翻訳・解説は AI 支援で生成されています。 最終的な解釈・検証は利用者が原典資料に基づいて行うことを前提とします。