Does the islamic label indicate good environmental, social, and governance (ESG) performance? Evidence from sharia-compliant firms in Indonesia and Malaysia
This study empirically investigates the effect of an Islamic label on environmental, social, and governance (ESG) performance.Islamic firms in Indonesia and Malaysia that are characterized by lower debt 1073spx and lower non-sharia compliant income and have a higher ethical standard are expected to make a better contribution to the environment and