Abstract: Given that stakeholders are paying more and more attention to the firms' environmental, social, and governance (ESG) policies, the objective of this paper is to study the effect of ESG disclosure on firm performance, focusing on the shipping sector and precisely on companies involved in port activities. This study discovers that a positive relationship between ESG disclosure, firm value and firm performance exists, as determined by market-to-book ratio and Q ratio respectively. It considers........
Keywords: Sustainability, ESG, ports, shipping, firm performance
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