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Sponsored Artificial Intelligence: A Modern Approach, Global Edition Artificial Intelligence: A Modern Approach, Global Edition

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T. Tran

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Open access Aug 2026

The Nonlinear Value Relevance of ESG: Dynamic Panel Evidence from Asian Firms

This study examines the nonlinear relationship between environmental, social, and governance (ESG) performance and market capitalization, addressing the inconclusive evidence on the value relevance of ESG. Drawing on stakeholder theory, signaling theory, and the resource-based view, the analysis employs an unbalanced p...

T. Tran · 0 citations

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