Does ESG certification add firm value?

Does ESG certification add firm value?

This paper examines the impact of environmental, social and governance (ESG) certification on Malaysian firms. The analysis shows that ESG certification lowers a firm's cost of capital, while Tobin's Q increases significantly. These findings, while consistent with existing studies in devel...

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Bibliographic Details
Main Authors: Wong, Woei Chyuan, Batten, Jonathan A., Ahmad, Abd Halim @ Hamilton, Mohamed Arshad, Shamsul Bahrain, Nordin, Sabariah, Abdul Adzis, Azira
Format: Article
Language:English
Published: Elsevier Inc. 2020
Subjects:
HG Finance
Online Access:http://repo.uum.edu.my/27111/1/10.1016%40j.frl.2020.101593.pdf
http://repo.uum.edu.my/27111/
http://doi.org/10.1016/j.frl.2020.101593
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Institution: Universiti Utara Malaysia
Language: English

Internet

http://repo.uum.edu.my/27111/1/10.1016%40j.frl.2020.101593.pdf
http://repo.uum.edu.my/27111/
http://doi.org/10.1016/j.frl.2020.101593

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