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

Nor Khadijah Mohd Azhari; Radziah  Mahmud; Birol Yildiz

doi:10.21834/ebpj.v8i23.4493

Authors

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

DOI:

https://doi.org/10.21834/ebpj.v8i23.4493

Keywords:

ESG, Financial Factors, Corporate Governance, Covid-19

Abstract

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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