Environmental, social and governance (ESG) performance and firm market reputation: Evidence from New Zealand's top 20 listed firms
Loading...
Supplementary material
Other Title
Authors
Jayasundara, N.
Hewagama, Gayani
Hewagama, Gayani
Author ORCID Profiles (clickable)
Degree
Grantor
Date
2025-12-01
Supervisors
Type
Conference Contribution - Oral Presentation
Ngā Upoko Tukutuku (Māori subject headings)
Keyword
New Zealand
listed companies
firm value
environmental, social and governance (ESG) impacts
ESG reporting
sustainability reporting
listed companies
firm value
environmental, social and governance (ESG) impacts
ESG reporting
sustainability reporting
ANZSRC Field of Research Code (2020)
Citation
Jayasundara, N., & Hewagama, G. (2025, December 1). Environmental, social and governance (ESG) performance and firm market reputation: Evidence from New Zealand’s top 20 listed firms [Paper presentation]. Auckland Region Accounting Conference 2025, Auckland, New Zealand
https://hdl.handle.net/10652/7243
Abstract
This study investigates the relationship between Environmental, Social, and Governance (ESG) performance and market reputation among New Zealand’s top 20 listed firms from 2018 to 2024. Using panel regression analysis, it finds a statistically significant positive correlation between ESG scores and market reputation, as proxied by S&P credit ratings, with both models demonstrating high explanatory power (Adjusted R² ≈ 0.892). The results highlight ESG performance as a strategic asset for enhancing reputational capital in New Zealand’s unique regulatory and market context.
Publisher
Permanent link
Link to ePress publication
DOI
Copyright holder
Authors
Copyright notice
All rights reserved