... Terminal. Dynamic panel data regression was used to study the impact of BGD and ESG on FP. Findings During the voluntary ESG reporting period, the impacts of ENV and GOV on FP were significant, whereas that of ESG was not. BGD improves the FP of listed nonfinancial companies when mandatory ESG...

... one which is not. Corporate governance Microfinance institutions Audit Rating Performance Regression Panel The original ambition of microfinance is to offer the poor access to financial resources so that they can run their own economic activities. Labie (1999) defines microfinance...