Msomi, Thabiso Sthembiso; Aruwaji, Michael Akinola; … - In: Risks : open access journal 13 (2025) 12, pp. 1-21
This study examines the impact of Environmental, Social, and Governance (ESG) disclosures on the firm valuation of non-financial firms listed in South Africa, using Tobin's Q as a firm value proxy. Using a panel data approach of 642 firm-year observations from 2017 to 2022, the study applies...