ESG Disclosure and Investment Efficiency: Evidence from Indonesian Manufacturing Companies
DOI:
https://doi.org/10.59890/ijist.v4i6.15Keywords:
ESG Disclosure, Investment Efficiency, Manufacturing CompaniesAbstract
In recent years, industry and regulatory bodies across the globe have continuously raised transparency requirements for enterprises. Meanwhile, multi-stakeholder accountability pressures in the field of sustainable development have grown steadily, making the strategic importance of ESG information disclosure increasingly prominent. Most existing relevant empirical studies focus on developed economies, leaving a clear gap in local research evidence from emerging economies. This study carries out an empirical analysis of the impact of ESG information disclosure on corporate investment efficiency, and clarifies the transmission pathway of effects between the two factors. The core conclusions drawn from this study not only fill the gap in this research field, but also provide credible local empirical evidence from emerging markets to support subsequent similar academic research.
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