Assessment of Quantitative Environmental, Social, and Governance Indicators and Their Relationships with Corporate Financial Performance in Construction Companies

Abstract

AbstractThis study investigates the relationship among environmental, social, and governance (ESG) performance and corporate financial performance (CFP) in the construction industry. ESG represents a company’s nonfinancial performance, whereas CFP ...Practical ApplicationsThis study examines the empirical impact of ESG practices on corporate financial performance in the construction industry. Previous research has reported inconsistent results and has relied heavily on ESG scores provided by rating ...