Access the full text.
Sign up today, get DeepDyve free for 14 days.
Journal of Financial Economics, 58
R. Atan, Md. Alam, Jamaliah Said, M. Zamri (2018)
The Impacts of Environmental, Social, and Governance Factors on Firm Performance: Panel Study of Malaysian CompaniesManagement of Environmental Quality: An International Journal, 29
Giovanni Landi, Mauro Sciarelli (2019)
Towards a more ethical market: the impact of ESG rating on corporate financial performanceSocial Responsibility Journal
S. Marsat, Benjamin Williams (2011)
CSR and Market Valuation: International EvidenceIO: Firm Structure
Mehdi Nekhili, Amal Boukadhaba, Haithem Nagati, Tawhid Chtioui (2019)
ESG performance and market value: the moderating role of employee board representationThe International Journal of Human Resource Management, 32
Mary Barth, S. Cahan, Lily Chen, E. Venter (2017)
The Economic Consequences Associated with Integrated Report Quality: Capital Market and Real EffectsAccounting Organizations and Society, 62
S. Jayachandran, K. Kalaignanam, Meike Eilert (2013)
Product and environmental social performance: Varying effect on firm performanceSouthern Medical Journal, 34
Amina Buallay (2020)
Sustainability reporting and bank's performance: comparison between developed and developing countriesWorld Review of Entrepreneurship, Management and Sustainable Development
Marlene Plumlee, Darrell Brown, Rachel Hayes, R. Marshall (2015)
Voluntary Environmental Disclosure Quality and Firm Value: Further EvidenceJournal of Accounting and Public Policy, 34
Ali Fatemi, Iraj Fooladi, H. Tehranian (2015)
Valuation effects of corporate social responsibilityJournal of Banking and Finance, 59
R. Khoury, N. Nasrallah, B. Alareeni (2021)
ESG and financial performance of banks in the MENAT region: concavity–convexity patternsJournal of Sustainable Finance & Investment, 13
S. Schwarzer, A. Bono, G. Giuliani, Stéphane Kluser, P. Peduzzi (2005)
E-waste, the hidden side of IT equipment's manufacturing and use
Innocent Nnorom, O. Osibanjo (2008)
Electronic waste (e-waste): material flows and management practices in Nigeria.Waste management, 28 8
Michael Jensen, W. Meckling (1976)
Harvard Business School; SSRN; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI); Harvard University - Accounting & Control UnitLSN: Law & Finance: Empirical (Topic)
Bengt Holmstrom (1979)
Moral Hazard and ObservabilityThe Bell Journal of Economics, 10
Anna-Lena Kühn, M. Stiglbauer, M. Fifka (2018)
Contents and Determinants of Corporate Social Responsibility Website Reporting in Sub-Saharan Africa: A Seven-Country StudyBusiness & Society, 57
Abdulla Hawaj, Amina Buallay (2021)
A worldwide sectorial analysis of sustainability reporting and its impact on firm performanceJournal of Sustainable Finance & Investment, 12
Journal of Environmental Economics and Management, 62
A. Aybars, L. Ataünal, A.O. Gürbüz (2019)
ESG and financial performance: impact of environmental, social, and governance issues on corporate performanceHandbook of Research on Managerial Thinking in Global Business Economics
Michael Barnett (2005)
Stakeholder Influence Capacity and the Variability of Financial Returns to Corporate Social ResponsibilityCorporate Social Responsibility (CSR) eJournal
Duy Nguyen, T. Hoang, Hue Tran (2022)
Help or Hurt? The Impact of ESG on Firm Performance in S&P 500 Non-Financial FirmsAustralasian Business, Accounting and Finance Journal
Monika Kansal, M. Joshi, G. Batra (2014)
Determinants of corporate social responsibility disclosures: Evidence from IndiaAdvances in Accounting, 30
B. Jacobs, V. Singhal, Ravi Subramanian (2008)
An Empirical Investigation of Environmental Performance and the Market Value of the FirmSRPN: Carbon Reduction (Topic)
Patrick Velte (2017)
Does ESG performance have an impact on financial performance? Evidence from GermanyJournal of Global Responsibility, 8
Alicia Girón, Amirreza Kazemikhasragh, A. Cicchiello, Eva Panetti (2020)
Sustainability Reporting and Firms’ Economic Performance: Evidence from Asia and AfricaJournal of the Knowledge Economy, 12
María Miralles-Quirós, José Miralles‐Quirós, Jesús Hernández (2019)
ESG Performance and Shareholder Value Creation in the Banking Industry: International DifferencesSustainability
L. Hilty, Wolfgang Lohmann, E. Huang (2011)
Sustainability and ICT - An overview of the field, 27
Darren Lee, R. Faff (2009)
Corporate Sustainability Performance and Idiosyncratic Risk: A Global PerspectiveInternational Finance eJournal
D. Quinn, T. Jones (1995)
An Agent Morality View of Business PolicyAcademy of Management Review, 20
C. Deegan, C. Blomquist (2006)
Stakeholder influence on corporate reporting: An exploration of the interaction between WWF-Australia and the Australian minerals industryAccounting Organizations and Society, 31
Journal of Financial Economics, 3
R. Porta, Florencio Silanes, Andrei Shleifer, Robert Vishny (1999)
Investor Protection and Corporate GovernanceChicago Booth: Fama-Miller Working Paper Series
Joseph Sarkis, P. González-Torre, B. Adenso-Díaz (2010)
Stakeholder pressure and the adoption of environmental practices: The mediating effect of trainingJournal of Operations Management, 28
(2008)
Corporate sustainability reporting in Hungary–the special case of the ICT sector
M. Qureshi, M. Akbar, A. Akbar, P. Poulova (2021)
Do ESG Endeavors Assist Firms in Achieving Superior Financial Performance? A Case of 100 Best Corporate CitizensSAGE Open, 11
(2013)
How do shareholders respond to sustainability awards?: evidence from China
A.S. Garcia, W. Mendes-Da-Silva, R.J. Orsato (2019)
Corporate sustainability, capital markets, and ESG performanceIndividual Behaviors and Technologies for Financial Innovations
Martin Esch, Benedikt Schnellbächer, A. Wald (2019)
Does integrated reporting information influence internal decision making? An experimental study of investment behaviorBusiness Strategy and the Environment
K. Nishitani, K. Kokubu (2012)
Why Does the Reduction of Greenhouse Gas Emissions Enhance Firm Value? The Case of Japanese Manufacturing FirmsBusiness Strategy and The Environment, 21
Amal Aouadi, S. Marsat (2018)
Do ESG Controversies Matter for Firm Value? Evidence from International DataJournal of Business Ethics, 151
Isabel‐María García‐Sánchez, Lázaro Rodríguez‐Ariza, José-Valeriano Frías-Aceituno (2013)
The cultural system and integrated reportingInternational Business Review, 22
D. Greening, D. Turban (2000)
Corporate Social Performance As a Competitive Advantage in Attracting a Quality WorkforceBusiness & Society, 39
Chris Brooks, Ioannis Oikonomou (2017)
The Effects of Environmental, Social and Governance Disclosures and Performance on Firm Value: A Review of the Literature in Accounting and FinanceCorporate Governance & Accounting eJournal
Jacob Hörisch, R. Freeman, S. Schaltegger (2014)
Applying Stakeholder Theory in Sustainability ManagementOrganization & Environment, 27
Xiang Deng, Xiang Cheng (2019)
Can ESG Indices Improve the Enterprises’ Stock Market Performance?—An Empirical Study from ChinaSustainability
W. Mohammad, Shaista Wasiuzzaman (2021)
Environmental, Social and Governance (ESG) disclosure, competitive advantage and performance of firms in Malaysia, 2
Eduardo Duque‐Grisales, J. Aguilera‐Caracuel (2019)
Environmental, Social and Governance (ESG) Scores and Financial Performance of Multilatinas: Moderating Effects of Geographic International Diversification and Financial SlackJournal of Business Ethics, 168
Journal of Cleaner Production, 292
Competitiveness Review: An International Business Journal, 31
R. Pojasek (2007)
A framework for business sustainabilityEnvironmental Quality Management, 17
P. Wright, Stephen Ferris (1997)
AGENCY CONFLICT AND CORPORATE STRATEGY: THE EFFECT OF DIVESTMENT ON CORPORATE VALUEStrategic Management Journal, 18
Changhong Zhao, Yu Guo, Jiahai Yuan, Mengya Wu, Dai Li, Yiou Zhou, Jian-gang Kang (2018)
ESG and Corporate Financial Performance: Empirical Evidence from China’s Listed Power Generation CompaniesSustainability
Karl Lins, H. Servaes, Ane Tamayo (2017)
Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis: Social Capital, Trust, and Firm PerformanceJournal of Finance, 72
Wael Abdallah, Craig Johnson, Cristian Nitzl, M. Mohammed (2019)
Organizational learning and patient safety: hospital pharmacy settings.Journal of health organization and management, 33 6
Z. Andreopoulou (2013)
Green Informatics : ICT for Green and SustainabilityJournal of Agricultural Informatics, 3
Jaepil Choi, Heli Wang (2009)
Stakeholder relations and the persistence of corporate financial performanceSouthern Medical Journal, 30
E. Horváthová (2010)
Does environmental performance affect financial performance? A meta-analysisEcological Economics, 70
T. Soobaroyen, J. Mahadeo (2016)
Community disclosures in a developing country: insights from a neo-pluralist perspectiveAccounting, Auditing & Accountability Journal, 29
Muhammad Malik, Huma Ali, Anwar Ishfaq (2015)
Corporate social responsibility and organizational performance: Empirical evidence from banking sector, 9
Michael Baran, Aneta Kuźniarska, Zbigniew Makieła, Anna Sławik, Magdalena Stuss (2022)
Does ESG Reporting Relate to Corporate Financial Performance in the Context of the Energy Sector Transformation? Evidence from PolandEnergies
Bobae Choi, Doowon Lee, Youngkyun Park (2013)
Corporate Social Responsibility, Corporate Governance and Earnings Quality: Evidence from KoreaWiley-Blackwell: Corporate Governance: An International Review
L. Renneboog, J. Horst, Chendi Zhang (2008)
The price of ethics and stakeholder governance: The performance of socially responsible mutual fundsJournal of Corporate Finance, 14
K. Fisher-Vanden, K. Thorburn (2008)
Voluntary Corporate Environmental Initiatives and Shareholder WealthSPGMI: Compustat Fundamentals (Topic)
F. Verbeeten, R. Gamerschlag, K. Möller (2016)
Are CSR disclosures relevant for investors? Empirical evidence from GermanyManagement Decision, 54
R. Freeman (1999)
Divergent Stakeholder TheoryAcademy of Management Review, 24
Dolores Higón, Roya Gholami, F. Shirazi (2017)
ICT and environmental sustainability: A global perspectiveTelematics Informatics, 34
C. Lokuwaduge, Kumudini Heenetigala (2017)
Integrating Environmental, Social and Governance (ESG) Disclosure for a Sustainable Development: An Australian StudyBusiness Strategy and The Environment, 26
Bengt Holmstrom, Paul Milgrom (1987)
AGGREGATION AND LINEARITY IN THE PROVISION OF INTERTEMPORAL INCENTIVESEconometrica, 55
W. Maroun (2018)
Modifying assurance practices to meet the needs of integrated reporting: The case for “interpretive assurance”Accounting, Auditing & Accountability Journal, 31
C. Villiers, E. Venter, P. Hsiao (2017)
Integrated Reporting: Background, Measurement Issues, Approaches and an Agenda for Future ResearchWiley-Blackwell: Accounting & Finance
Journal of Operations Management, 28
Harvard Business Review, 84
Ali Fatemi, M. Glaum, Stefanie Kaiser (2017)
ESG performance and firm value: The moderating role of disclosureGlobal Finance Journal
A. Amran, Say Ooi, Riduan Mydin, S. Devi (2015)
The Impact of Business Strategies on Online Sustainability DisclosuresBusiness Strategy and The Environment, 24
F. Perrini, A. Russo, A. Tencati, C. Vurro (2009)
Going beyond a long-lasting debate: what is behind the relationship between corporate social and financial performance
Diogenis Baboukardos, G. Rimmel (2016)
Value Relevance of Accounting Information Under an Integrated Reporting Approach: A Research NoteJournal of Accounting and Public Policy, 35
Amina Buallay (2019)
Between cost and valueJournal of Applied Accounting Research
This study investigates the relationship between the level of sustainability disclosure and telecommunication and information technology (IT) sectors' performance (operational, financial and market).Design/methodology/approachUsing data culled from 4,458 observations from 60 different countries for 10 years (2008–2017), an independent variable derived from environmental, social and governance (ESG) score are regressed against dependent manufacture performance indicator variables [return on assets (ROA), return on equity (ROE) and Tobin's Q (TQ)]. Two types of control variables complete the regression analysis in this study: firm-specific and macroeconomic.FindingsThe findings elicited from the empirical results demonstrate that there is a significant negative relationship between ESG and market performance (TQ). However, there is no significant effect of ESG on both operational (ROA) and financial performance (ROE). Moreover, the findings elicited from the partial least square structural equation modeling the relationship between ESG and ROA is stronger in emerging than in developed economies.Practical implicationsThe authors' opinion for policy makers is that it is essential to promote and implement the appropriate legislative framework for sustainability reporting, which should enhance both the sustainability practices as well the profitability of IT firms.Originality/valueThe model in this study presents a valuable analytical framework for exploring sustainability disclosure as a driver of performance in telecommunication and IT sectors' economies. In addition, this study highlights telecommunication and IT sectors' management lacunae manifesting in terms of the weak nexus between each component of ESG and IT sectors' performance.
International Journal of Emergency Services – Emerald Publishing
Published: Sep 29, 2022
Keywords: Sustainability disclosure; Telecommunication; Information technology sector; Performance
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.