Title: Sustainability disclosure and financial performance: evidence in Malaysia public listed companies

Authors: Norraidah Abu Hasan; Noor Azuddin Yakob

Addresses: Faculty of Administrative Science and Policy Studies, Universiti Teknologi MARA, Negeri Sembilan, Malaysia ' Graduate Business School, Universiti Kebangsaan Malaysia, Malaysia

Abstract: The role of information disclosure is important in the capital market as it reflects the business strategies to win the investors' confidence and increase the firms' financial performance. By adopting the generalised method of moments (GMM) estimation approach, this paper aims to examine the relationship between sustainability disclosure and the firm financial performance for Malaysian public listed firms for the period 2013 to 2017. This paper will refine the theoretical background of stakeholder theory associated with the sustainability disclosure. Stakeholder theory is used to capture the inherent interrelationships of CSR disclosure and firm performance. The findings of this study suggest that the sustainability disclosure has a significant and positive impact on the performance of the listed companies.

Keywords: information disclosure; corporate social responsibility; CSR; financial performance; stakeholder theory.

DOI: 10.1504/IJPSPM.2022.126245

International Journal of Public Sector Performance Management, 2022 Vol.10 No.2/3, pp.460 - 466

Received: 10 May 2019
Accepted: 23 Feb 2020
Published online: 18 Oct 2022 *

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