View in EDS HTML Full Text PDF Full Text

Does the sustainability committee matter in the efficacy of sustainability reporting and firm performance?

Saved in:
Bibliographic Details
Title: Does the sustainability committee matter in the efficacy of sustainability reporting and firm performance?
Authors: Shah, Syed Quaid Ali1,2 (AUTHOR) syedquaidalishah@gmail.com, Lai, Fong Woon1 (AUTHOR) laifongwoon@utp.edu.my, Shad, Muhammad Kashif1 (AUTHOR) Kashif.shad@utp.edu.my, Hamad, Salaheldin3 (AUTHOR) Salahhamad8@gmail.com, Tahir, Muhammad4 (AUTHOR) tahirm@cuiatd.edu.pk
Source: Environment, Development & Sustainability. Jun2026, Vol. 28 Issue 6, p13623-13640. 18p.
Subject Terms: *Financial performance, *Committees, *Malaysians, *Sustainable development reporting, *Organizational performance, *Petroleum industry, *Sustainability
Abstract: Owing to increasing pressures from diverse stakeholders, business entities have placed a heightened interest in sustainability reporting (SR). Presently, there is substantial discourse surrounding the effect of SR on an entity's financial performance (FP). Nevertheless, the nexus between SR and FP remains a topic of ongoing debate in business settings and academic discussion. The current study examines the effect of SR on FP of Malaysian oil and gas companies under the potential moderating influence of the sustainability committee (SC). A decade data (2012 to 2021) is collected from Malaysian oil and gas listed companies. The results revealed an adverse effect of social and environmental SR on return on assets (ROA), return on equity (ROE), and Tobin's q (TQ). Notably, SC exhibited a positive moderating influence on the relationship between social and environmental SR with both ROA and TQ. However, the presence of SC exhibited a negative moderating influence on the association between environmental SR and ROE. The robustness of these findings is affirmed by applying GMM. This study contributes to the frontier of knowledge by examining the moderating effect of SC. Moreover, the findings offer crucial insights for managers and policymakers on the essential role of SR, and SC in a firm's profitability. [ABSTRACT FROM AUTHOR]
Database: Energy & Power Source
Full text is not displayed to guests.
FullText Links:
  – Type: pdflink
Text:
  Availability: 1
Header DbId: enr
DbLabel: Energy & Power Source
An: 194093160
AccessLevel: 6
PubType: Academic Journal
PubTypeId: academicJournal
PreciseRelevancyScore: 0
IllustrationInfo
Items – Name: Title
  Label: Title
  Group: Ti
  Data: Does the sustainability committee matter in the efficacy of sustainability reporting and firm performance?
– Name: Author
  Label: Authors
  Group: Au
  Data: <searchLink fieldCode="AR" term="%22Shah%2C+Syed+Quaid+Ali%22">Shah, Syed Quaid Ali</searchLink><relatesTo>1,2</relatesTo> (AUTHOR)<i> syedquaidalishah@gmail.com</i><br /><searchLink fieldCode="AR" term="%22Lai%2C+Fong+Woon%22">Lai, Fong Woon</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> laifongwoon@utp.edu.my</i><br /><searchLink fieldCode="AR" term="%22Shad%2C+Muhammad+Kashif%22">Shad, Muhammad Kashif</searchLink><relatesTo>1</relatesTo> (AUTHOR)<i> Kashif.shad@utp.edu.my</i><br /><searchLink fieldCode="AR" term="%22Hamad%2C+Salaheldin%22">Hamad, Salaheldin</searchLink><relatesTo>3</relatesTo> (AUTHOR)<i> Salahhamad8@gmail.com</i><br /><searchLink fieldCode="AR" term="%22Tahir%2C+Muhammad%22">Tahir, Muhammad</searchLink><relatesTo>4</relatesTo> (AUTHOR)<i> tahirm@cuiatd.edu.pk</i>
– Name: TitleSource
  Label: Source
  Group: Src
  Data: <searchLink fieldCode="JN" term="%22Environment%2C+Development+%26+Sustainability%22">Environment, Development & Sustainability</searchLink>. Jun2026, Vol. 28 Issue 6, p13623-13640. 18p.
– Name: Subject
  Label: Subject Terms
  Group: Su
  Data: *<searchLink fieldCode="DE" term="%22Financial+performance%22">Financial performance</searchLink><br />*<searchLink fieldCode="DE" term="%22Committees%22">Committees</searchLink><br />*<searchLink fieldCode="DE" term="%22Malaysians%22">Malaysians</searchLink><br />*<searchLink fieldCode="DE" term="%22Sustainable+development+reporting%22">Sustainable development reporting</searchLink><br />*<searchLink fieldCode="DE" term="%22Organizational+performance%22">Organizational performance</searchLink><br />*<searchLink fieldCode="DE" term="%22Petroleum+industry%22">Petroleum industry</searchLink><br />*<searchLink fieldCode="DE" term="%22Sustainability%22">Sustainability</searchLink>
– Name: Abstract
  Label: Abstract
  Group: Ab
  Data: Owing to increasing pressures from diverse stakeholders, business entities have placed a heightened interest in sustainability reporting (SR). Presently, there is substantial discourse surrounding the effect of SR on an entity's financial performance (FP). Nevertheless, the nexus between SR and FP remains a topic of ongoing debate in business settings and academic discussion. The current study examines the effect of SR on FP of Malaysian oil and gas companies under the potential moderating influence of the sustainability committee (SC). A decade data (2012 to 2021) is collected from Malaysian oil and gas listed companies. The results revealed an adverse effect of social and environmental SR on return on assets (ROA), return on equity (ROE), and Tobin's q (TQ). Notably, SC exhibited a positive moderating influence on the relationship between social and environmental SR with both ROA and TQ. However, the presence of SC exhibited a negative moderating influence on the association between environmental SR and ROE. The robustness of these findings is affirmed by applying GMM. This study contributes to the frontier of knowledge by examining the moderating effect of SC. Moreover, the findings offer crucial insights for managers and policymakers on the essential role of SR, and SC in a firm's profitability. [ABSTRACT FROM AUTHOR]
PLink https://search.ebscohost.com/login.aspx?direct=true&site=eds-live&db=enr&AN=194093160
RecordInfo BibRecord:
  BibEntity:
    Identifiers:
      – Type: doi
        Value: 10.1007/s10668-024-05495-4
    Languages:
      – Code: eng
        Text: English
    PhysicalDescription:
      Pagination:
        PageCount: 18
        StartPage: 13623
    Subjects:
      – SubjectFull: Financial performance
        Type: general
      – SubjectFull: Committees
        Type: general
      – SubjectFull: Malaysians
        Type: general
      – SubjectFull: Sustainable development reporting
        Type: general
      – SubjectFull: Organizational performance
        Type: general
      – SubjectFull: Petroleum industry
        Type: general
      – SubjectFull: Sustainability
        Type: general
    Titles:
      – TitleFull: Does the sustainability committee matter in the efficacy of sustainability reporting and firm performance?
        Type: main
  BibRelationships:
    HasContributorRelationships:
      – PersonEntity:
          Name:
            NameFull: Shah, Syed Quaid Ali
      – PersonEntity:
          Name:
            NameFull: Lai, Fong Woon
      – PersonEntity:
          Name:
            NameFull: Shad, Muhammad Kashif
      – PersonEntity:
          Name:
            NameFull: Hamad, Salaheldin
      – PersonEntity:
          Name:
            NameFull: Tahir, Muhammad
    IsPartOfRelationships:
      – BibEntity:
          Dates:
            – D: 01
              M: 06
              Text: Jun2026
              Type: published
              Y: 2026
          Identifiers:
            – Type: issn-print
              Value: 1387585X
          Numbering:
            – Type: volume
              Value: 28
            – Type: issue
              Value: 6
          Titles:
            – TitleFull: Environment, Development & Sustainability
              Type: main
ResultId 1