Where does ESG pay? The role of national culture in moderating the relationship between ESG performance and financial performance

J Shin, JJ Moon, J Kang - International Business Review, 2023 - Elsevier
This study investigates the moderating role of a country's culture as an external contingency
factor in the relationship between a firm's environmental, social, and governance (ESG) …

Environmental, social, and governance factors in emerging markets: The impact on firm performance

N Bahadori, T Kaymak, M Seraj - Business Strategy & …, 2021 - Wiley Online Library
This article investigates whether firm‐level financial performance is positively associated
with environmental, social, and governance (ESG) scores in emerging markets. The vast …

Environmental, social and governance performance (ESG) and firm investment efficiency in emerging markets: the interaction effect of board cultural diversity

A Al-Hiyari, AI Ismail, MC Kolsi… - … : The International Journal …, 2023 - emerald.com
Purpose This paper aims to explore whether environmental, social and governance (ESG)
performance is positively associated with firm investment efficiency (IE) in emerging …

[HTML][HTML] Effect of ESG activities and firm's financial characteristics

W Kang, M Jung - Korean Journal of Financial Studies, 2020 - e-kjfs.org
In this study, we examine how environmental, social, and corporate governance (ESG)
activities differently affect firm value depending on a firm's financial characteristics. The …

How do stock market participants value ESG performance? Evidence from Middle Eastern and North African Countries

A Al-Hiyari, MC Kolsi - Global Business Review, 2021 - journals.sagepub.com
Empirical evidence indicates that Environmental, Social, and Governance (ESG) practices
are associated with firm financial performance, but little is known about stock market …

Environmental, social, and governance performance, national cultural values and corporate financing strategy

TT Lemma, M Muttakin, D Mihret - Journal of Cleaner Production, 2022 - Elsevier
The study examines whether cultural values shape the impact of Environmental, Social, and
Governance (ESG) undertakings on a firm's financing decisions. Analyzing 24,202 firm-year …

Firm environmental, social, governance and financial performance relationship contradictions: Insights from institutional environment mediation

R DasGupta, A Roy - Technological Forecasting and Social Change, 2023 - Elsevier
Empirical studies examining firm environmental, social, governance [ESG] and financial
performance have provided contradictory results. The institutional difference hypothesis …

The influence of the country governance environment on corporate environmental, social and governance (ESG) performance

O Mooneeapen, S Abhayawansa… - … and Policy Journal, 2022 - emerald.com
Purpose The purpose of this study is to investigate whether the corporate environmental,
social and governance (ESG) performance of companies is influenced by the barriers and …

Understanding the impact of ESG practices in corporate finance

S Kim, Z Li - Sustainability, 2021 - mdpi.com
This study examines the relationship between environmental, social, and governance (ESG)
factors and corporate financial performance. Specifically, we study various individual ESG …

Corporate sustainability, capital markets, and ESG performance

AS Garcia, W Mendes-Da-Silva, RJ Orsato - Individual behaviors and …, 2019 - Springer
This chapter discusses associations between the financial profile of a firm and superior
environmental, social, and governance (ESG) performance, considering firms from Brazil …