Next Article in Journal
Experimental Study on Acoustic Emission of Confined Compression of Crushed Gangue under Different Loading Rates: Disposal of Gangue Solid Waste
Previous Article in Journal
Solar Home Systems for Clean Cooking: A Cost–Health Benefit Analysis of Lower-Middle-Income Countries in Southeast Asia
Open AccessArticle

Corporate Economic, Environmental, and Social Sustainability Performance Transformation through ESG Disclosure

1
Department of Accounting, Faculty of Economics and Administration, King Abdulaziz University, Jeddah 21589, Saudi Arabia
2
Department of Accounting, University of Gavle, SE-801 76 Gavle, Sweden
*
Author to whom correspondence should be addressed.
Sustainability 2020, 12(9), 3910; https://doi.org/10.3390/su12093910
Received: 18 April 2020 / Revised: 2 May 2020 / Accepted: 6 May 2020 / Published: 11 May 2020
(This article belongs to the Section Economic and Business Aspects of Sustainability)
Within the environmental, social, and governance (ESG) disclosure–corporate sustainability performance (economic, environmental and social; EES) framework, our empirical analysis examined the impact of ESG information disclosure on EES sustainability performance among Asian firms from 2005 to 2017. The positive ESG disclosure–EES sustainability performance relationship found in this study provides evidence that disclosing the implementation of environment and social strategies within an effective system of corporate governance in the organization strengthens corporate sustainability performance. The results also show that environmental performance and social performance are significantly positively related to economic sustainable performance, indicating that the corporation’s economic value and creating value for society are interdependent. In line with the stakeholder theory and the shared value theory, ESG information disclosure to all stakeholders is an important factor in creating a competitive advantage for enhancing corporate sustainability performance. View Full-Text
Keywords: environmental, social, governance (ESG); corporate performance; sustainability; Asia environmental, social, governance (ESG); corporate performance; sustainability; Asia
MDPI and ACS Style

Alsayegh, M.F.; Abdul Rahman, R.; Homayoun, S. Corporate Economic, Environmental, and Social Sustainability Performance Transformation through ESG Disclosure. Sustainability 2020, 12, 3910. https://doi.org/10.3390/su12093910

AMA Style

Alsayegh MF, Abdul Rahman R, Homayoun S. Corporate Economic, Environmental, and Social Sustainability Performance Transformation through ESG Disclosure. Sustainability. 2020; 12(9):3910. https://doi.org/10.3390/su12093910

Chicago/Turabian Style

Alsayegh, Maha F.; Abdul Rahman, Rashidah; Homayoun, Saeid. 2020. "Corporate Economic, Environmental, and Social Sustainability Performance Transformation through ESG Disclosure" Sustainability 12, no. 9: 3910. https://doi.org/10.3390/su12093910

Find Other Styles
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Search more from Scilit
 
Search
Back to TopTop