| Autor: |
Stela Jorgji, Jonida Teta, Saeed Mousa, Vadim Ponkratov, Izabella Elyakova, Larisa Vatutina, Andrey Pozdnyaev, Tatiana Chernysheva, Elena Romanenko, Mikhail Kosov |
| Jazyk: |
angličtina |
| Rok vydání: |
2024 |
| Předmět: |
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| Zdroj: |
Journal of Human, Earth, and Future, Vol 5, Iss 2, Pp 260-278 (2024) |
| Druh dokumentu: |
article |
| ISSN: |
2785-2997 |
| DOI: |
10.28991/HEF-2024-05-02-08 |
| Popis: |
This study investigates the relationships between sustainable human capital management practices, ESG performance, ESG disclosure, and firm financial performance. Using a sample of 387 S&P 500 firms from 2013 to 2023 and a panel data regression approach, we examine the impact of training expenditure, workforce diversity and inclusion, pay equity, and employee benefits on ESG performance. We also explore the association between ESG performance and ESG disclosure, the effect of ESG performance on financial performance, and the moderating role of ESG disclosure in the ESG-financial performance relationship. Our findings reveal that sustainable human capital management practices have a positive and significant impact on ESG performance, which in turn positively influences firm financial performance. We also find a positive relationship between ESG performance and ESG disclosure, and that ESG disclosure moderates the ESG-financial performance link, with the positive association being stronger for firms with higher levels of ESG disclosure. This study contributes to the literature by offering an integrated approach to examine the relationships between sustainable human capital management, ESG performance, ESG disclosure, and financial performance, providing novel insights into the drivers and outcomes of corporate sustainability in the context of human capital management. Doi: 10.28991/HEF-2024-05-02-08 Full Text: PDF |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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