IDEAS home Printed from https://ideas.repec.org/a/taf/jsustf/v15y2025i1p105-144.html
   My bibliography  Save this article

Board characteristics and ESG performance: an evidence from Malaysia

Author

Listed:
  • Khakan Najaf
  • Ho Wai Kee
  • Jaspal Singh
  • Nampuna Dolok Gultom
  • Alice Chin

Abstract

Sustainable business practices are essential globally, emphasizing the need to study factors influencing ESG performance in corporate governance. This research examines the relationship between board characteristics and ESG outcomes within Malaysia’s mandatory sustainability reporting context for listed companies. Analyzing 357 firm-year observations from 51 Malaysian companies from 2014 to 2020, the study found that increased board meetings and more independent directors correlate with better ESG performance. However, no significant relationship was found between the proportion of female directors and ESG outcomes. These findings, consistent across robustness checks, suggest areas for governance framework improvements, particularly in board oversight of ESG practices. The results support the Malaysian Code on Corporate Governance's principles for enhanced board monitoring of ESG reporting processes.

Suggested Citation

  • Khakan Najaf & Ho Wai Kee & Jaspal Singh & Nampuna Dolok Gultom & Alice Chin, 2025. "Board characteristics and ESG performance: an evidence from Malaysia," Journal of Sustainable Finance & Investment, Taylor & Francis Journals, vol. 15(1), pages 105-144, January.
    • Handle: RePEc:taf:jsustf:v:15:y:2025:i:1:p:105-144
    DOI: 10.1080/20430795.2024.2401360
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/20430795.2024.2401360
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/20430795.2024.2401360?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jsustf:v:15:y:2025:i:1:p:105-144. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/TSFI20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.