Sustainability Reporting in Different Regions

Abstract

The last chapter of this book grouped the studies that discusses and investigates the relationship between sustainability reporting and firm performance in three different regions: Europe, Mena and Africa. In Europe, the findings deduced from the empirical results demonstrate that there is significant positive impact of ESG on the performance. However, the relationship between ESG disclosures varies if measured individually; the environmental disclosure positively affects the ROA and TQ, whereas the corporate social responsibility disclosure negatively affects the three models. However, the corporate governance disclosure negatively affects the ROA, ROE and positively affect the Tobin's Q. In Mena, the empirical results show that there are differences in the impact of sustainability reporting (ESG) on firm's operational performance (ROA), financial performance (ROE) and market performance (TQ) between the sectors. Lastly, the findings from Africa show that there is a significant relationship between ESG and operational performance (ROA) and market performance (TQ) with ROA and TQ varying directly with the level of ESG disclosure. However, there is no significant relationship between ESG and financial performance (ROE).

Citation

Buallay, A.M. (2022), "Sustainability Reporting in Different Regions", International Perspectives on Sustainability Reporting, Emerald Publishing Limited, Leeds, pp. 167-187. https://doi.org/10.1108/978-1-80117-856-320221010