Environmental, social and governance and the efficiency of government-linked companies in Malaysia

Environmental, social and governance (ESG) are non-financial performance indicators that help determine financial performance. This study, motivated by the increasing awareness of various stakeholders about the importance of ESG disclosure, explores the impacts of ESG on firm efficiency of governmen...

Full description

Saved in:
Bibliographic Details
Main Authors: Kweh Q.L., Alrazi B., Chan Y.C., Abdullah W.M.T.W., Lee R.M.A.
Other Authors: 55661469500
Format: Article
Published: Faculty of Economics and Administration 2023
Tags: Add Tag
No Tags, Be the first to tag this record!
id my.uniten.dspace-23465
record_format dspace
spelling my.uniten.dspace-234652023-05-29T14:40:44Z Environmental, social and governance and the efficiency of government-linked companies in Malaysia Kweh Q.L. Alrazi B. Chan Y.C. Abdullah W.M.T.W. Lee R.M.A. 55661469500 46461112300 55749209300 56609926100 57193573655 Environmental, social and governance (ESG) are non-financial performance indicators that help determine financial performance. This study, motivated by the increasing awareness of various stakeholders about the importance of ESG disclosure, explores the impacts of ESG on firm efficiency of government-linked companies (GLCs) in Malaysia from 2006 to 2012. The ESG disclosure is based on the Sustainalytics ESG Research data available in Bloomberg while data development analysis (DEA) is used to estimate firm efficiency. This study found that GLCs focused more on governance disclosures, followed by social and environmental aspects. Governance improved firm efficiency, but social and environmental factors had no similar effects. In conclusion, this study provided insight on ESG initiatives which are useful for stakeholders when making financial and investment decisions. � 2017 Institutions and Economies All rights reserved. Final 2023-05-29T06:40:44Z 2023-05-29T06:40:44Z 2017 Article 2-s2.0-85014992511 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85014992511&partnerID=40&md5=ccacb038604c3adf3c0886d740b10269 https://irepository.uniten.edu.my/handle/123456789/23465 9 2 55 73 Faculty of Economics and Administration Scopus
institution Universiti Tenaga Nasional
building UNITEN Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Tenaga Nasional
content_source UNITEN Institutional Repository
url_provider http://dspace.uniten.edu.my/
description Environmental, social and governance (ESG) are non-financial performance indicators that help determine financial performance. This study, motivated by the increasing awareness of various stakeholders about the importance of ESG disclosure, explores the impacts of ESG on firm efficiency of government-linked companies (GLCs) in Malaysia from 2006 to 2012. The ESG disclosure is based on the Sustainalytics ESG Research data available in Bloomberg while data development analysis (DEA) is used to estimate firm efficiency. This study found that GLCs focused more on governance disclosures, followed by social and environmental aspects. Governance improved firm efficiency, but social and environmental factors had no similar effects. In conclusion, this study provided insight on ESG initiatives which are useful for stakeholders when making financial and investment decisions. � 2017 Institutions and Economies All rights reserved.
author2 55661469500
author_facet 55661469500
Kweh Q.L.
Alrazi B.
Chan Y.C.
Abdullah W.M.T.W.
Lee R.M.A.
format Article
author Kweh Q.L.
Alrazi B.
Chan Y.C.
Abdullah W.M.T.W.
Lee R.M.A.
spellingShingle Kweh Q.L.
Alrazi B.
Chan Y.C.
Abdullah W.M.T.W.
Lee R.M.A.
Environmental, social and governance and the efficiency of government-linked companies in Malaysia
author_sort Kweh Q.L.
title Environmental, social and governance and the efficiency of government-linked companies in Malaysia
title_short Environmental, social and governance and the efficiency of government-linked companies in Malaysia
title_full Environmental, social and governance and the efficiency of government-linked companies in Malaysia
title_fullStr Environmental, social and governance and the efficiency of government-linked companies in Malaysia
title_full_unstemmed Environmental, social and governance and the efficiency of government-linked companies in Malaysia
title_sort environmental, social and governance and the efficiency of government-linked companies in malaysia
publisher Faculty of Economics and Administration
publishDate 2023
_version_ 1806427676203810816
score 13.223943