Cover Image

Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali

Environmental, social and governance (ESG) is another branch of corporate social responsibility, which have gained more attention from corporate businesses and investors. The new emerging socially responsible investment requires the inclusion of ESG in the companies' business conduct. The ESG i...

Full description

Saved in:
Bibliographic Details
Main Author: Razali, Fatin Adilah
Format: Thesis
Language:English
Published: 2015
Online Access:https://ir.uitm.edu.my/id/eprint/17678/2/TM_FATIN%20ADILAH%20RAZALI%20AC%2015_5.pdf
https://ir.uitm.edu.my/id/eprint/17678/
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uitm.ir.17678
record_format eprints
spelling my.uitm.ir.176782022-03-10T06:16:28Z https://ir.uitm.edu.my/id/eprint/17678/ Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali Razali, Fatin Adilah Environmental, social and governance (ESG) is another branch of corporate social responsibility, which have gained more attention from corporate businesses and investors. The new emerging socially responsible investment requires the inclusion of ESG in the companies' business conduct. The ESG information disclosure practices might differ across the country's location. Specific regulation in disclosing the required information is necessary to ensure the information provided will satisfy all stakeholders especially socially responsible investors. The purpose of this study is to examine and compare the level of ESG disclosure between two countries under different ESG disclosure practice requirement. Moreover, this study also examines the element being prioritize or emphasis under ESG disclosure. In addition, the relationship between ESG disclosure and firm's performance measured by economic value added (EVA) is also included in this study. This study is a quantitative study and it employs top 100 companies each listed in Malaysia and Denmark stock exchanges. Using a content analysis method on the companies report in 2013 and comparative analysis (Mann-Whitney U test and Kruskal-Wallis test), the study found that there is a significant different in ESG disclosure and its elements emphasis in both countries. Country regulatory background, norms and believe may effect and influence the level of ESG disclosures and its emphasis. The correlation analysis is employ to test the relationship between ESG disclosures and firms EVA. The result found that there is no relationship exists between ESG disclosure and firms EVA. However, this study considers one-year lag between ESG disclosures in 2013 with firms performance in 2014.This indicates that the information disclosed today may not dictate any changes and improvements in the firms' performance in the following year. Information provided should have significant value to the company and their investors as ethical business conduct facilitate the company's longevity in the market. 2015 Thesis NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/17678/2/TM_FATIN%20ADILAH%20RAZALI%20AC%2015_5.pdf ID17678 Razali, Fatin Adilah (2015) Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali. Masters thesis, thesis, Universiti Teknologi MARA.
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
description Environmental, social and governance (ESG) is another branch of corporate social responsibility, which have gained more attention from corporate businesses and investors. The new emerging socially responsible investment requires the inclusion of ESG in the companies' business conduct. The ESG information disclosure practices might differ across the country's location. Specific regulation in disclosing the required information is necessary to ensure the information provided will satisfy all stakeholders especially socially responsible investors. The purpose of this study is to examine and compare the level of ESG disclosure between two countries under different ESG disclosure practice requirement. Moreover, this study also examines the element being prioritize or emphasis under ESG disclosure. In addition, the relationship between ESG disclosure and firm's performance measured by economic value added (EVA) is also included in this study. This study is a quantitative study and it employs top 100 companies each listed in Malaysia and Denmark stock exchanges. Using a content analysis method on the companies report in 2013 and comparative analysis (Mann-Whitney U test and Kruskal-Wallis test), the study found that there is a significant different in ESG disclosure and its elements emphasis in both countries. Country regulatory background, norms and believe may effect and influence the level of ESG disclosures and its emphasis. The correlation analysis is employ to test the relationship between ESG disclosures and firms EVA. The result found that there is no relationship exists between ESG disclosure and firms EVA. However, this study considers one-year lag between ESG disclosures in 2013 with firms performance in 2014.This indicates that the information disclosed today may not dictate any changes and improvements in the firms' performance in the following year. Information provided should have significant value to the company and their investors as ethical business conduct facilitate the company's longevity in the market.
format Thesis
author Razali, Fatin Adilah
spellingShingle Razali, Fatin Adilah
Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali
author_facet Razali, Fatin Adilah
author_sort Razali, Fatin Adilah
title Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali
title_short Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali
title_full Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali
title_fullStr Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali
title_full_unstemmed Environmental, social and governance (ESG) disclosure and its effect on firm's performance / Fatin Adilah Razali
title_sort environmental, social and governance (esg) disclosure and its effect on firm's performance / fatin adilah razali
publishDate 2015
url https://ir.uitm.edu.my/id/eprint/17678/2/TM_FATIN%20ADILAH%20RAZALI%20AC%2015_5.pdf
https://ir.uitm.edu.my/id/eprint/17678/
_version_ 1728054739528056832
score 13.211869

Similar Items