The Influence of Continuous Environmental Social and Cooperate Governance (ESG) Responsibilities Disclosure on the Performance and Sustainable Growth of Sustainable Stocks Listed on the Stock Exchange of Thailand
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Abstract
The purpose of this study was to investigate the influence of continuous environmental social and corporate governance (ESG) responsibilities disclosure on the performance and sustainable growth of sustainable stocks listed on the Stock Exchange of Thailand. The quantitative research method was employed, using panel data collected over the past five years since 2019 to 2023 from financial reports and Form 56-1. The purposive sampling was used to select the target group consisted of 166 companies ranked by the Stock Exchange of Thailand as sustainable stocks for the year 2023, with complete and accurate financial data, totaling 830 financial statements. The data analyses were Levin, Lin & Chu (LLC) stationary test and Fixed Effect Regression. The results showed that the continuous disclosure of corporate governance report (CGR) had a negative influence on performance and sustainable growth significantly at the .01.
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