ESG Integration in Corporate Governance: A Comparative Study of Practices in Emerging Markets
Abstract
This
study
investigates
integrating
environmental,
social,
and
governance
(ESG)
factors
into
corporate
practices
among
companies
in
emerging
markets.
Despite
the
growing
global
importance
of
ESG
considerations,
significant
gaps
remain
understanding
how
these
are
adopted
within
unique
contexts
economies.
The
uses
a
quantitative
research
paradigm
to
analyze
data
from
sample
250
across
diverse
sectors,
including
finance,
manufacturing,
energy,
technology.
To
establish
robust
empirical
foundation,
is
sourced
reliable
secondary
materials,
specifically
disclosures,
industry
reports,
financial
databases.
Employing
Ordinary
Least
Squares
(OLS)
regression
analysis,
explores
impacts
practices,
drivers,
barriers
on
integration,
effectively
capturing
complexities
interactions.
identifies
several
effective
integration
structured
policies,
comprehensive
stakeholder
engagement,
transparent
reporting
mechanisms.
Critical
drivers
for
include
solid
regulatory
support,
active
influence,
rising
market
demand
sustainability.
Conversely,
weak
frameworks,
cultural
resistance,
lack
high-quality
data.
Notably,
regional
disparities
emerged,
with
Asian
firms
exhibiting
superior
compared
those
Eastern
Europe,
underscoring
localized
economic
conditions.
contributes
literature
by
comprehensively
analyzing
It
emphasizes
need
tailored
strategies
that
account
contextual
factors,
thus
offering
valuable
insights
leaders
navigating
sustainability
dynamic
environments.
Research Square (Research Square), Год журнала: 2024, Номер unknown
Опубликована: Ноя. 25, 2024
Язык: Английский