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Open access Sep 2026

Nexus of Green Finance, ESG Ratings, and Financial Performance: Evidence from G20 Economies

Purpose— Prior evidence on green finance and ESG ratings is mixed because studies normally test the two constructs in isolation, in single-country settings, and without addressing dynamic endogeneity. Grounded in Stakeholder Theory, the Resource-Based View (RBV), and Legitimacy Theory, this study jointly examined the d...

H. Malik, Imran Riaz Malik · 0 citations

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