European Proceedings of Social and Behavioural Sciences - 2023 : An Overview of Environmental, Social and Governance (ESG) and Company Performance

Siti Hirdayu, Mohd Radzi (2023) European Proceedings of Social and Behavioural Sciences - 2023 : An Overview of Environmental, Social and Governance (ESG) and Company Performance. European Proceedings of Social and Behavioural Sciences, 131. pp. 1111-1122. ISSN 2357-1330

Text 23. An Overview of Environmental, Social and Governance (ESG) and Company Performance.pdf Download (703kB)

Abstract

Due to the current increased interest in sustainability issues brought on by climate change, capital investors are more interested in developing sustainable investments. Additionally, there has been an increase in interest among stakeholders, regulators, and the general public in learning more about the advantages of sustainability reporting on business results. Because sustainable investments are typically followed by high costs, it is intriguing from the perspective of an investor to consider if this investment may have a positive impact on a firm's financial success. An overview of the academic literature on environmental, social, and governance (ESG) is provided in this research. We discuss first the ESG pillar and their relationship with the company’s performance. ESG pillar consist of environmental pillar, social pillar and governance pillar. Investors and other stakeholders can evaluate a company’s overall accountability and long-term viability using these pillars. Businesses that prioritize ESG are seen as moral, well-run and more prepared for long-term success. Next, we discuss the benefits of ESG for companies then tax incentives provided by the government for ESG companies in Malaysia. Companies may benefit from implementing ESG in a number of ways that go beyond financial gain, improving their reputation, risk management, innovation and contributing to a more sustainable society. Therefore, this conceptual paper will present an overview of the recent research studies on the ESG and company performance.

Item Type:	Article
Uncontrolled Keywords:	Company Performance, ESG Pillar, Tax Incentives
Divisions:	Institute of Graduate Studies (IGS)
Depositing User:	LIBRARY2 UPTM
Date Deposited:	07 Jul 2025 03:11
Last Modified:	07 Jul 2025 03:11
URI:	http://eprints.kuptm.edu.my/id/eprint/4774

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