Sep 2026· Corporate Social Responsibility and Environmental Management· 0 citations· 44 references
Abstract
This study examines the relationship between environmental, social and governance (ESG) reporting and firm performance among extractive firms in sub‐Saharan Africa (SSA), while assessing the moderating role of regulatory compliance. Using a balanced panel dataset of 35 listed oil, gas, and mining firms from seven countries over the period 2012–2023, the study employs the two‐step system generalised method of moments (System GMM) estimator to address dynamic panel effects, endogeneity, and unobserved heterogeneity. The findings reveal that environmental, social, and governance reporting are positively associated with both firm value and profitability, with governance reporting exhibiting the strongest association. The results further indicate that regulatory compliance positively moderates the relationship between ESG reporting and firm performance. The study contributes to the ESG reporting literature by providing evidence from the underexplored context of SSA's extractive industry and highlighting the importance of institutional conditions in shaping ESG reporting outcomes.
As global reporting practices evolve beyond traditional financial metrics to incorporate Environmental, Social, and Governance (ESG) dimensions, understanding their valuation impact is imperative. This study examines the moderating influence of institutional ownership on the sustainability reporting–firm value nexus am...
H. M. Musa, Muhammad Tahir· Nigerian Journal of Accounti...· 0 citations
This study investigates how earnings management (EM) influences ESG performance and whether corporate governance mechanisms shape this relationship. Drawing on agency and stakeholder perspectives, the study examines how managerial incentives and governance effectiveness jointly shape the relationship between EM and E...
E. Attia, Ahmed Almoneef, Sameh O. M. Yassen· Corporate Social Responsibil...· 0 citations
This study addresses the ongoing debate on the environmental, social and governance (ESG)–financial performance nexus by examining whether ESG performance enhances firm profitability and whether corporate governance mechanisms condition this relationship in an emerging market context.
The empirical analysis...
Yassine Oubahou, Khalid El Ouafa, Haniya Oumaima Erradouani· Management & Sustainabil...· 0 citations
Background: The average market valuation of SRI-KEHATI firms declined during 2020–2024, raising questions about whether investors value environmental, social, and governance performance differently.
Objective: This study examines the separate effects of environmental, social, and governance performance on firm value an...
Venny Ratnasari Narulita, E. Endri· Inkubis Jurnal Ekonomi dan B...· 0 citations
Since the Securities and Exchange Board of India (SEBI) mandated Business Responsibility and Sustainability Reporting (BRSR) for the top 1,000 listed firms, environmental, social, and governance (ESG) disclosure has shifted from a voluntary signal to a regulatory requirement, renewing debate on whether ESG performance...
Shobana R., S. S, Rakshana N. S.· International Journal of Cur...· 0 citations
Purpose: This study examines whether Environmental, Social, and Governance (ESG) performance improves firm performance and investigates the mediating role of asset turnover in explaining how ESG initiatives contribute to financial outcomes among Indonesian listed firms based on stakeholder theory and the resource-based...
