穆斯林国家的环境、社会、治理投资、covid-19和企业绩效

Q2 Economics, Econometrics and Finance Journal of Islamic Monetary Economics and Finance Pub Date : 2023-02-28 DOI:10.21098/jimf.v9i1.1592
Hasan Tekin, Fatih Guclu
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引用次数: 0

摘要

我们研究了疫情期间环境、社会和治理- esg投资对穆斯林国家非金融企业绩效的影响。采用随机效应面板模型对1546家公司的年度观察结果进行分析,发现新冠肺炎疫情期间ESG综合得分及其支柱对企业绩效有显著影响。也就是说,与ESG水平较低的公司相比,ESG水平较高的公司的绩效受到的影响相对较小。我们还注意到,马来西亚和阿拉伯联合酋长国的公司ESG水平高,运营(财务)绩效更好。最后,从行业角度来看,ESG水平较高的医疗保健和能源(主要消费品)公司在疫情期间的运营(财务)业绩也较高。
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ENVIRONMENTAL, SOCIAL, GOVERNANCE INVESTING, COVID-19, AND CORPORATE PERFORMANCE IN MUSLIM COUNTRIES
We examine the impact of Environment, Social, and Governance–ESG investing on corporate performance of non-financial firms in Muslim countries during the pandemic. Employing the random effect panel model with 1,546 firm-year observations, we find that the ESG combined score and its pillars have significant influence on corporate performance during the COVID-19 period. Namely, the performance of firms with higher ESG is relatively less affected as compared to the performance of firms with lower ESG.  We also note that firms in Malaysia and the United Arab Emirates with high ESG have better operational (financial) performance. Finally, from the sectorial perspective, health care and energy (consumer staples) firms with higher ESG have higher operational (financial) performance during the pandemic.
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来源期刊
CiteScore
1.90
自引率
0.00%
发文量
19
审稿时长
24 weeks
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