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Unveiling the Relationship Between ESG Scores and Firm Performance in India: A System GMM Approach
16 references·0 citing·47 second hop
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(1990)Positive Accounting Theory: A…The Nature of the Firm (1937)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)The conservatism principle and the asymmetric timeliness of earnings1 (1997)The economic implications of corporate financial reporting (2005)Competitive Strategy: Techniques for Analyzing Industries and Competitors (1980)Absorptive Capacity: A New Perspective on Learning and Innovation (1990)Do ESG Controversies Matter for Firm Value? 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(1992)On Persistence in Mutual Fund Performance (1997)G*Power 3: A flexible statistical power analysis program for the social, behavioral, and biomedical sciences (2007)The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review (2019)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)A Three-Dimensional Conceptual Model of Corporate Performance (1979)Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts (1997)Corporate Social Responsibility: A Theory of the Firm Perspective (2001)ESG practices and the cost of debt: Evidence from EU countries (2019)ESG disclosure and financial performance: Moderating role of ESG investors (2022)THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK (1997)Corporate Social and Financial Performance: A Meta-Analysis (2003)Econometric Analysis of Panel Data (2021)Environmental, social and governance performance and financial risk: Moderating role of ESG controversies and board gender diversity (2021)Impact of ESG performance on firm value and profitability (2022)Environmental, social, and governance (ESG) performance and financial outcomes: Analyzing the impact of ESG on financial performance (2023)Another look at the instrumental variable estimation of error-components models (1995)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2007)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)Biases in Dynamic Models with Fixed Effects (1981)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Financing Constraints and Corporate Investment (1988)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Green technology innovations, urban innovation environment and CO2 emission reduction in China: Fresh evidence from a partially linear functional-coefficient panel model (2021)How does green finance affect green total factor productivity? Evidence from China (2022)Influence mechanism between green finance and green innovation: Exploring regional policy intervention effects in China (2022)Consumer engagement in a virtual brand community: An exploratory analysis (2011)Smart tourism destinations: ecosystems for tourism destination competitiveness (2016)Research Methods in Business Studies (2020)
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References

  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 2022Business Research Methods10,949 cited
  • 2004A finite sample correction for the variance of linear efficient two-step GMM estimators5,973 cited
  • 2015ESG and financial performance: aggregated evidence from more than 2000 empirical studies4,715 cited
  • 2012Endogeneity and the dynamics of internal corporate governance3,018 cited
  • 1990Positive Accounting Theory: A Ten Year Perspective.2,388 cited
  • 2021Demand for green finance: Resolving financing constraints on green innovation in China1,239 cited
  • 2012Does it pay to be really good? addressing the shape of the relationship between social and financial performance1,227 cited
  • 2017The impact of environmental, social, and governance disclosure on firm value: The role of CEO power1,143 cited
  • 2019Environmental, Social and Governance (ESG) Scores and Financial Performance of Multilatinas: Moderating Effects of Geographic International Diversification and Financial Slack1,104 cited
  • 2018Is sustainability reporting (ESG) associated with performance? Evidence from the European banking sector939 cited
  • 2022Sustainable development, ESG performance and company market value: Mediating effect of financial performance912 cited
  • 2020ESG impact on performance of US S&P 500-listed firms650 cited
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Does ESG certification add firm value?
648 cited
  • 2016Integrating Environmental, Social and Governance (ESG) Disclosure for a Sustainable Development: An Australian Study643 cited
  • 2019Environmental, social and governance (ESG) activity and firm performance: a review and consolidation590 cited
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