| Title | Environmental social governance: a core value to responsible stakeholders and stock market sustainability in the Kingdom of Saudi Arabia |
|---|---|
| ID_Doc | 74442 |
| Authors | Vinodkumar, N; Alarifi, G |
| Title | Environmental social governance: a core value to responsible stakeholders and stock market sustainability in the Kingdom of Saudi Arabia |
| Year | 2022 |
| Published | Journal Of Sustainable Finance & Investment, 12, 4 |
| Abstract | Environmental social governance (ESG) is a framework that assists global financial services in developing strategic ways to hedge operating and financial risks and move toward achieving United Nations' SDGs. Stakeholders consider ESG as a core value while strategizing their investment decisions in the capital market as these factors have the leveraging potential for risk return trade-off, although they are difficult to measure in financial terms. In the volatile capital markets across the globe, the ability of corporate business models to adapt to changes in the economic environment demands the consideration of ESG reporting by the external stakeholders. Thus there is rising demand for ESG reporting and analysis by external stakeholders, including stock exchanges, investors, financial analysts, and corporations, because they have the leveraging potential for risk return trade-off and for sustainable development. The present study analyzes the ESG scores for all the shares listed in the Tadawul All Share Index (TASI) based on selected ranking tools. The analyzed result reveals the current sustainability landscape of businesses in KSA and suggests how responsible investors can uncover value of investment through ESG and how the benefit of this reliable, consistent, and relevant metrics fosters long-term stock market sustainability. The results of the study will enable investors to strategize their capital market-related investment decisions. The result of analysis reveals the current sustainability landscape of businesses in KSA and suggests how responsible investors can uncover value of investment through ESG scores as they consider the material components that affect corporate and investment performance. |
Similar Articles
| ID | Score | Article |
|---|---|---|
74448
|
Hussain, MA; Alsayegh, MF; Boshnak, HA The Impact of Environmental, Social, and Governance Disclosure on the Performance of Saudi Arabian Companies: Evidence from the Top 100 Non-Financial Companies Listed on Tadawul(2024)Sustainability, 16, 17 | |
| 77102
|
Sultana, S; Zainal, D; Zulkifli, N The Influence of Environmental, Social and Governance (ESG) on Investment Decisions: The Bangladesh Perspective(2017) | |
| 75845
|
Bodhanwala, S; Bodhanwala, R Relationship between sustainable and responsible investing and returns: a global evidence(2019)Social Responsibility Journal, 16, 4 | |
| 28004
|
Senadheera, SS; Withana, PA; Dissanayake, PD; Sarkar, B; Chopra, SS; Rhee, JH; Ok, YS Scoring environment pillar in environmental, social, and governance (ESG) assessment(2021)Sustainable Environment, 7.0, 1 | |
| 66289
|
Jyoti, G; Khanna, A How does sustainability performance affect firms' market performance? An empirical investigation in the Indian context(2024)Environment Development And Sustainability, 26, 8 | |
| 73242
|
Teti, E; Dell'Acqua, A; Etro, LL; Andreoletti, LB Corporate social performance and portfolio management(2015)Journal Of Management Development, 34, 9 | |
| 77505
|
Yadav, P; Jain, A Sustainability disclosures and corporate boards: a stakeholder approach to decision-making(2023)Journal Of Applied Accounting Research, 24, 5 | |
| 74625
|
Al Lawati, H; Hussainey, K Does Sustainable Development Goals Disclosure Affect Corporate Financial Performance?(2022)Sustainability, 14, 13 | |
| 67489
|
Yilmaz, I Sustainability and financial performance relationship: international evidence(2021)World Journal Of Entrepreneurship Management And Sustainable Development, 17, 3 | |
| 76030
|
Kambe, H; Tamamura, M Effects of firm-level ESG performance on creditworthiness in Japanese listed companies(2022)International Journal Of Economic Policy Studies, 16, 2 |