The direct effect of ESG reporting on firm performance: Empirical evidence from global firms during the early years of the green and digital twin transition

 0 Người đánh giá. Xếp hạng trung bình 0

Tác giả: Thi Song Hanh Pham, Thi Hien Tran

Ngôn ngữ: eng

Ký hiệu phân loại:

Thông tin xuất bản: Tạp chí Kinh tế & Kinh doanh, 2024

Mô tả vật lý: tr.1

Bộ sưu tập: Metadata

ID: 251486

Environmental, social, and governance (ESG) data of a firm disclosed to the public in digital platforms in the early years signals that the firm was in their digital and green twin transition. This study seeks to understand if the direct effect of ESG reporting on corporate social responsibility (CFR) is positive and differs between firms in more CSR-sensitive industries and firms in less CSR-sensitive industries that a firm is categorized into, during the early years of the green and digital twin transition. The study uses the 2SLS IV regression method for testing the hypotheses and a global-level dataset of 2,302 firm-year observations of 652 Fortune World’s Most Admired firms. The years between 2005 to 2011 were chosen to study as this is in the early period when Bloomberg published ESG data in the Bloomberg data repository. The study finds that the ESG-CFP impact is significant and positive in the groups of industries highly sensitive to CSR but insignificant in the group of industries which is less sensitive to CSR. The paper offers managerial implications.
Tạo bộ sưu tập với mã QR

THƯ VIỆN - TRƯỜNG ĐẠI HỌC CÔNG NGHỆ TP.HCM

ĐT: (028) 36225755 | Email: tt.thuvien@hutech.edu.vn

Copyright @2024 THƯ VIỆN HUTECH