The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis

This study explores the influence of total and individual ESG practices and the coro navirus crisis on US firm performance (FP). A large and recent sample of 406 US f irms that adopted ESG issues during 2016–2020 was used. This study uses the gen eralized least-squares (GLS) regression estimator, th...

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محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Mohamed Habib, Ahmed (author)
مؤلفون آخرون: Mouead, Nahia (author)
منشور في: 2023
الوصول للمادة أونلاين:https://bspace.buid.ac.ae/handle/1234/3758
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author Mohamed Habib, Ahmed
author2 Mouead, Nahia
author2_role author
author_facet Mohamed Habib, Ahmed
Mouead, Nahia
author_role author
dc.creator.none.fl_str_mv Mohamed Habib, Ahmed
Mouead, Nahia
dc.date.none.fl_str_mv 2023-03-18
2026-01-22T09:58:39Z
dc.identifier.none.fl_str_mv https://bspace.buid.ac.ae/handle/1234/3758
dc.language.none.fl_str_mv en_US
dc.title.none.fl_str_mv The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
dc.type.none.fl_str_mv Article
description This study explores the influence of total and individual ESG practices and the coro navirus crisis on US firm performance (FP). A large and recent sample of 406 US f irms that adopted ESG issues during 2016–2020 was used. This study uses the gen eralized least-squares (GLS) regression estimator, the dynamic analysis technique, and robustness tests. The results indicate that firms with heightened ESG practices have better performance measures. In most cases, the results suggest that firms with heightened environmental, social, and governance performances have better perfor mance measures. The results suggest that the coronavirus crisis negatively affected FP measures. In addition, the analyses of the differences suggest significant distinc tions in FP due to the coronavirus crisis. This study’s findings have important impli cations for stakeholders. Managers could benefit from the results of this examination by recognizing the status of ESG practices and FP before and during the coronavirus crisis and identifying the linkage between the fulfillment of ESG responsibilities and FP. This study provides noteworthy practical implications that could enable man agers to develop strategies and policies for adopting and enhancing ESG practices to achieve the best performance. Furthermore, the results could influence trading processes as investors and financiers pursue attractive financial returns from invest ments in businesses concerned with ESG issues.
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network_name_str The British University in Dubai repository
oai_identifier_str oai:bspace.buid.ac.ae:1234/3758
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spelling The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus CrisisMohamed Habib, AhmedMouead, NahiaThis study explores the influence of total and individual ESG practices and the coro navirus crisis on US firm performance (FP). A large and recent sample of 406 US f irms that adopted ESG issues during 2016–2020 was used. This study uses the gen eralized least-squares (GLS) regression estimator, the dynamic analysis technique, and robustness tests. The results indicate that firms with heightened ESG practices have better performance measures. In most cases, the results suggest that firms with heightened environmental, social, and governance performances have better perfor mance measures. The results suggest that the coronavirus crisis negatively affected FP measures. In addition, the analyses of the differences suggest significant distinc tions in FP due to the coronavirus crisis. This study’s findings have important impli cations for stakeholders. Managers could benefit from the results of this examination by recognizing the status of ESG practices and FP before and during the coronavirus crisis and identifying the linkage between the fulfillment of ESG responsibilities and FP. This study provides noteworthy practical implications that could enable man agers to develop strategies and policies for adopting and enhancing ESG practices to achieve the best performance. Furthermore, the results could influence trading processes as investors and financiers pursue attractive financial returns from invest ments in businesses concerned with ESG issues.2026-01-22T09:58:39Z2023-03-18Articlehttps://bspace.buid.ac.ae/handle/1234/3758en_USoai:bspace.buid.ac.ae:1234/37582026-01-29T17:16:24Z
spellingShingle The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
Mohamed Habib, Ahmed
title The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
title_full The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
title_fullStr The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
title_full_unstemmed The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
title_short The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
title_sort The Influence of Environmental, Social, and Governance (ESG) Practices on US Firms’ Performance: Evidence from the Coronavirus Crisis
url https://bspace.buid.ac.ae/handle/1234/3758