Can Multiple Large Shareholders Mitigate Environmental, Social, and Governance (ESG) Controversies?
World,
Journal Year:
2025,
Volume and Issue:
6(1), P. 25 - 25
Published: Feb. 8, 2025
This
study
examines
the
effect
of
multiple
large
shareholders
(MLS)
on
environmental,
social,
and
governance
(ESG)
controversies
factors
that
moderate
this
relationship.
It
is
motivated
by
need
to
understand
determinants
ESG
lack
consensus
in
academic
literature
regarding
corporate
role
MLS.
Using
a
panel
dataset
Chinese-listed
firms
from
2008
2023,
we
found
with
MLS
have
fewer
than
non-MLS
firms,
including
those
dimensions.
The
findings
are
robust
across
different
model
specifications
alternative
variable
measurements.
Further
analyses
revealed
more
pronounced
when
ownership
distribution
between
non-controlling
controlling
shareholder
balanced,
they
same
identity,
institutional
investors
part
Additionally,
stronger
severe
agency
conflicts
weaker
mechanisms.
Finally,
importantly,
significant
negative
impact
firm
value
monitoring
can
help
mitigate
these
adverse
effects.
In
summary,
our
results
suggest
play
contribute
reducing
their
consequences.
Language: Английский
The effects of ESG controversies and women on boards on ESG-washing behavior: Global evidence from the banking industry
Banks and Bank Systems,
Journal Year:
2025,
Volume and Issue:
20(2), P. 1 - 14
Published: March 31, 2025
This
study
analyzes
the
effects
of
environmental,
social,
and
governance
(ESG)
controversies
presence
women
on
boards
ESG-washing
practices
in
global
banking
sector.
ESG
washing
is
a
manipulative
practice
disclosure
where
companies
highlight
positive
information
to
conceal
poor
sustainability
performance.
employs
panel
dataset
from
279
public
banks
67
countries,
covering
five
major
regions
–
Asia,
Europe,
Africa,
America,
Oceania
over
period
2011
2023.
Data
were
obtained
Refinitiv
Eikon
Bloomberg
for
bank-level
information,
as
well
World
Bank
macroeconomic
data.
The
results
show
that
significantly
drive
washing.
Banks
involved
tend
use
disclosures
protect
their
reputation
mitigate
impact
scandals.
Conversely,
board
has
significant
mitigating
effect
also
identifies
critical
mass
effect,
influence
reducing
becomes
optimal
when
representation
reaches
certain
level.
These
findings
have
important
implications
policymakers
regulators
promote
inclusive
transparency,
particularly
through
increasing
gender
diversity
directors.
Furthermore,
these
indicate
good
governance,
supported
by
adequate
women,
can
help
combat
unethical
such
Language: Английский
The Effect of Environmental, Social, and Governance (ESG) on the Persistence of Firm Value: Evidence from Survival Analysis
Published: April 11, 2025
This
study
examines
the
effect
of
environmental,
social,
and
governance
(ESG)
performance
on
persistence
firm
value
among
publicly
listed
companies
in
Taiwan
from
2016
to
2023,
using
survival
analysis.
approach
addresses
a
gap
literature,
which
has
largely
overlooked
temporal
dimension
value.
The
findings
indicate
that
only
higher
social
scores
are
significantly
associated
with
longer
duration
persistence,
whereas
environmental
do
not
exhibit
this
effect.
Furthermore,
analysis
reveals
within
pillar,
product
quality
safety
contribute
meaningfully
sustaining
Although
previous
studies
have
often
linked
sustainability
practices
value,
present
suggest
such
effects
may
endure
over
time.
These
results
underscore
importance
aligning
ESG
initiatives
core
business
strategies
enhancing
disclosure
credibility
ensure
authentic
commitment.
Language: Английский
Environmental controversies, environmental fines and firms’ default risk
Research in International Business and Finance,
Journal Year:
2025,
Volume and Issue:
unknown, P. 102910 - 102910
Published: April 1, 2025
Investigating the Nexus Between Energy Transition Reporting Practices and Corporate Efficiency in the European Agri-Food Sector
Energies,
Journal Year:
2024,
Volume and Issue:
17(21), P. 5519 - 5519
Published: Nov. 4, 2024
The
research
paper
investigates
the
nexus
between
energy
transition
reporting
practices
and
corporate
efficiency
of
listed
European
companies
from
agri-food
sector.
study
relies
on
key
energy-related
financial
indicators
logistic
regression
analysis
conducted
219
EU
business
entities
publishing
their
non-financial
reports
2004
2023.
Based
distribution
metrics
in
sample,
we
assumed
that
data
transition,
either
partially
or
fully,
could
achieve
higher
profitability
simultaneously
have
lower
liquidity
than
non-reporting
companies.
panel
model
indicated
a
strong
relationship
status
entity,
its
revenue,
time
variable,
demonstrating
likelihood
providing
information
was
associated
with
size
company
increased
systemically
over
time.
However,
further
revealed
lack
persistent,
significant
entities’
status.
Considering
substantial
changes
regulatory
environment
introducing
CSRD,
conclude
increasing
legal
pressure
time,
will
gradually
shift
towards
standardized
industry-related
practices,
resulting
more
consistent
transparent
evidence
strategies.
Language: Английский