Book Chapter10.1007/978-3-319-91911-9_13
Corporate Sustainability, Capital Markets, and ESG Performance
Alexandre Sanches Garcia,Wesley Mendes-Da-Silva,Renato J. Orsato +2 more
- 01 Jan 2019
- pp 287-309
71
TL;DR: In this paper, associations between the financial profile of a firm and superior environmental, social, and governance (ESG) performance, considering firms from Brazil, Russia, India, China, and South Africa (the so-called BRICS countries) were discussed.
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Abstract: This chapter discusses associations between the financial profile of a firm and superior environmental, social, and governance (ESG) performance, considering firms from Brazil, Russia, India, China, and South Africa (the so-called BRICS countries) In particular, the study analyzes ESG performance in sensitive industries, ie, those subject to systematic social taboos, moral debates, and political pressures and those that are more likely to cause social and environmental damage We applied linear regressions with a data panel collected from 365 listed companies between 2010 and 2012 Our results suggest the market capitalization as the main predictor of ESG performance In general, larger companies have higher levels of performance We also found that companies in sensitive industries present superior environmental performance even when controlling for size and country Our conclusions provide insights for future studies around ESG performance
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Citations
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89
Antecedents of corporate sustainability performance in Turkey: The effects of ownership structure and board attributes on non-financial companies
TL;DR: In this article, the authors examined the drivers leading to a high level of corporate sustainability performance within non-financial Turkish companies listed in the Borsa Istanbul Sustainability Index.
86
Environmental, social and governance impact on financial performance: evidence from the Levant countries
TL;DR: In this article , the authors investigated whether the sustainability disclosure with the environmental, social and governance aspects has an impact on the financial performance represented by Tobin's Q, return on assets (ROA) and return on equity indices in the Levant countries for the period 2012-2019, which was a period of turmoil and political repercussions that affected the countries of the region.
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