RT Journal Article
T1 Influence of ESGC Indicators on Financial Performance of Listed Travel and Leisure Companies
A1 Rodríguez-Fernández, María Mercedes
A1 Sánchez-Teba, Eva María
A1 López-Toro, Alberto Antonio
A1 Borrego-Domínguez, Susana
K1 Indicadores ambientales
K1 Indicadores sociales
K1 Rentabilidad
K1 Agencias de viajes  - Aspectos económicos
AB The objective of this work was to research the impact of environmental, social, governance,and controversies (ESGC) indicators on financial performance. We used a sample of financial andnonfinancial business data from international countries for 2017 obtained through the ThomsonReuters environmental, social, and corporate governance (ESG) database. The company participantsin the study belong to the tourism sector and are listed on international stock market indices.The methodology used was based on parametric and nonparametric statistical tests. Evidence supportsthat governance practices significantly influence financial performance. The contribution of the studyis two-fold—from a theoretical perspective, it adds to the existing literature and, from an empiricalpoint of view, we developed ESGC indicators and their relationship with financial performanceusing a binary regression logistic model, with results that can be applied to an internationaltourist perspective.
PB MDPI
YR 2019
FD 2019-10-07
LK https://hdl.handle.net/10630/40681
UL https://hdl.handle.net/10630/40681
LA eng
NO Rodriguez-Fernandez, Mercedes; Sánchez, Eva M.; Lopez-Toro, Alberto Antonio; Borrego-Domínguez, Susana. 2019. Influence of ESGC Indicators on Financial Performance of Listed Travel and Leisure Companies. Sustainability. 11, pp. 1-20. https://doi.org/10.3390/su11195529
NO Universidad de Málaga
DS RIUMA. Repositorio Institucional de la Universidad de Málaga
RD 21 ene 2026