Financial Factors, Corporate Governance and ESG during Covid-19 Pandemic: Malaysian Evidence


  • Nor Khadijah Mohd Azhari Faculty of Business and Management, Universiti Teknologi MARA, Cawangan Pulau Pinang, Kampus Permatang Pauh, Malaysia
  • Radziah Mahmud Faculty of Accountancy, Universiti Teknologi MARA Selangor Puncak Alam Campus, Selangor, Malaysia
  • Birol Yildiz Faculty of Economics and Administrative Sciences, Eskisehir Osmangazi University, Turkiye



ESG, Financial Factors, Corporate Governance, Covid-19


This study investigated the factors influencing the Environment, Social and Governance (ESG) Disclosure of public listed companies in Malaysia, particularly before and during the Covid-19 pandemic. Using 62 Public Listed Companies in Malaysia and 248 firms’ years of observation from the year 2018 to the year 2021, it found that profitability, growth of the company, company’s size, board size, gender diversity, auditor tenure, and ESG disclosure highest during the Covid-19 pandemic outbreak period. It also discovered that profitability and independent board members had positively related to ESG disclosure before and during the Covid-19 pandemic outbreak.


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How to Cite

Mohd Azhari, N. K., Mahmud, R. ., & Yildiz, B. (2023). Financial Factors, Corporate Governance and ESG during Covid-19 Pandemic: Malaysian Evidence. Environment-Behaviour Proceedings Journal, 8(23), 23–29.



Commercial / Retail / Services Environment