Environmental, Social, and Governance Performance and Value Creation in Product Market: Evidence from Emerging Economies

• Main Authors: Yasmeen, Bashir, Yiwei, Zhao, Huan, Qiu, Zeeshan, Ahmed, Josephine Yau, Tan Hwang
• Format: Article
• Language: English
• Published: MDPI 2023
• Subjects: HG Finance
• Online Access: http://ir.unimas.my/id/eprint/43796/3/Environmental%2C.pdf; http://ir.unimas.my/id/eprint/43796/; https://www.mdpi.com/1911-8074/16/12/517; https://doi.org/10.3390/jrfm16120000
• Institution: Universiti Malaysia Sarawak

Using a unique sample of 13,412 firm-year observations from 19 countries of the emerging economies for the period of 2011 to 2019, we investigate the association between the firms’ environmental, social, and governance (ESG) performance and their value creation in the product market. Specifically,...