• ISSN: 2010-023X
    • Frequency: Bimonthly
    • DOI: 10.18178/IJTEF
    • Editor-in-Chief: Prof.Tung-Zong (Donald) Chang
    • Executive Editor: Ms. Cherry L. Chen
    • Abstracting/ Indexing: Engineering & Technology Digital Library, ProQuest, Crossref, Electronic Journals Library , EBSCO, and Ulrich's Periodicals Directory
    • E-mail: ijtef@ejournal.net
IJTEF 2016 Vol.7(3): 67-74 ISSN: 2010-023X
DOI: 10.18178/ijtef.2016.7.3.501

The Impact of Environmental, Social and Governance Practices (ESG) on Economic Performance: Evidence from ESG Score

Indarawati Tarmuji, Ruhanita Maelah, and Nor Habibah Tarmuji
Abstract—The aim of this paper is to investigate the impact of Environmental, Social and Governance (ESG) practices on economic performance. We used a sample of non-financial data from two countries (Malaysia and Singapore) for the period of 2010–2014 from ASSET4® database of Data-Stream, by Thomson Reuters Inc., the world’s leading source of intelligent information for businesses and professionals. We find the support that social and governance practices significantly influence economic performance. The study contributes to the existing literature on ESG practices and its relationship with economic performance utilizing panel data that expand into international perspective.

Index Terms—Social, environmental, governance practices, economic performance.

Indarawati Tarmuji is with the Faculty of Accountancy, Universiti Teknologi MARA, Malaysia (e-mail: indarawati@ salam.uitm.edu.my).
Ruhanita Maelah is with the Faculty of Economics and Management, Universiti Kebangsaan Malaysia, Malaysia (e-mail: ruhanita@ukm.edu.my).
Nor Habibah Tarmuji is with the Faculty of Computer and Mathematical Sciences, Universiti Teknologi MARA, Malaysia (e-mail: norhabibah@pahang.uitm.edu.my).

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Cite: Indarawati Tarmuji, Ruhanita Maelah, and Nor Habibah Tarmuji, "The Impact of Environmental, Social and Governance Practices (ESG) on Economic Performance: Evidence from ESG Score," International Journal of Trade, Economics and Finance vol.7, no.3, pp. 67-74, 2016.

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