Article2022

Sustainability disclosure and its impact on telecommunication and information technology sectors' performance: worldwide evidence

21 citations0/0 files storedInternational Journal of Emergency Services

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Corporate Social Responsibility Reporting Environmental Sustainability in Business Corporate Governance and Financial Management

Abstract

Purpose This study investigates the relationship between the level of sustainability disclosure and telecommunication and information technology (IT) sectors' performance (operational, financial and market). Design/methodology/approach Using data culled from 4,458 observations from 60 different countries for 10 years (2008–2017), an independent variable derived from environmental, social and governance (ESG) score are regressed against dependent manufacture performance indicator variables [return on assets (ROA), return on equity (ROE) and Tobin's Q (TQ)]. Two types of control variables complete the regression analysis in this study: firm-specific and macroeconomic. Findings The findings elicited from the empirical results demonstrate that there is a significant negative relationship between ESG and market performance (TQ). However, there is no significant effect of ESG on both operational (ROA) and financial performance (ROE). Moreover, the findings elicited from the partial least square structural equation modeling the relationship between ESG and ROA is stronger in emerging than in developed economies. Practical implications The authors' opinion for policy makers is that it is essential to promote and implement the appropriate legislative framework for sustainability reporting, which should enhance both the sustainability practices as well the profitability of IT firms. Originality/value The model in this study presents a valuable analytical framework for exploring sustainability disclosure as a driver of performance in telecommunication and IT sectors' economies. In addition, this study highlights telecommunication and IT sectors' management lacunae manifesting in terms of the weak nexus between each component of ESG and IT sectors' performance.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 21 citations exist upstream.

References

1976Theory of the firm: Managerial behavior, agency costs and ownership structure 1979Moral Hazard and Observability 2000Investor protection and corporate governance 2016Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis 1987Aggregation and Linearity in the Provision of Intertemporal Incentives 2000Corporate Social Performance As a Competitive Advantage in Attracting a Quality Workforce 2007Stakeholder influence capacity and the variability of financial returns to corporate social responsibility 2017ESG performance and firm value: The moderating role of disclosure

Cited by

2024Nexus between ESG reporting and financial performance in the banking sector

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.