This paper provides empirical evidence on the effect of the selected variables CO2 intensity of GDP, an environmental compliance score based on the Sustainable Development Goals, as well as governance, on foreign direct investment flows. The question posed is how these proxies for environmental policy stringency affect the attractiveness to foreign direct investment among ASEAN members. Methodologically, the study employs a PCSE (panel-corrected standard errors) estimator with an AR(1) correction. The scope of the research covers a panel of ASEAN countries over the period of 2001 to 2020. Findings suggest that CO2 intensity has a significant positive association, whereas environmental Sustainable Development Goal compliance and governance could not provide measurable effects. Nonetheless, the findings motivate broader reflection on the composition and
quality of FDI relevant to ASEAN’s development, notwithstanding the study’s limited statistical power.
This study examines the relationship between foreign direct investment (FDI), institutional quality, and environmental degradation in 50 developing countries from 1996 to 2024. Using a panel ARDL model, it distinguishes between short- and long-run effects on CO₂ emissions. The results strongly support the Pollution Hav...
Corporate transparency regarding the Sustainable Development Goals (SDGs) has emerged as a critical focal point in sustainability literature. Nevertheless, the inconsistent level of reporting among Indonesian firms suggests that the underlying drivers of this practice warrant deeper scrutiny. To address this gap, this...
Firyal Eilsa Nahdah, Edy Supriyono· International Journal of Eco...· 0 citations
This study aims to analyze the individual effects of environmental, social and governance (ESG) components on the performance of companies from BRICS countries (Brazil, Russia, India, China and South Africa) during the period from 2010 to 2023.
The sample consists of 12,750 companies from 2010 to 2023. A mul...
B. Nhagutou, Duterval Jesuka, R. Malaquias· Academia : Revista Latinoame...· 0 citations
This study examines the effect of ESG performance on financial performance in banking institutions across five ASEAN countries (Indonesia, Malaysia, Singapore, Thailand, and the Philippines) during the 2021–2024 period. The study is motivated by the increasing importance of ESG practices in the banking sector and the n...
Ervina Vania Wijaya, L. Tjun· International Journal of Acc...· 0 citations
This paper investigates how country-level environmental, social, and governance (ESG) conditions and foreign direct investment (FDI) are associated with different development-related outcomes. Using an unbalanced panel of 50 countries over 2003–2023, the study constructs ESG pillar indices and estimates static and dyna...
K. Trinh· Global Perspectives· 0 citations
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