@article{ART002598786},
author={Yun Kyung Kim},
title={Effects of Non-financial Information Disclosure on Firm Performance and Firm Value},
journal={Journal of Regulation Studies},
issn={1738-7132},
year={2020},
volume={29},
number={1},
pages={35-59},
doi={10.22954/ksrs.2020.29.1.002}
TY - JOUR
AU - Yun Kyung Kim
TI - Effects of Non-financial Information Disclosure on Firm Performance and Firm Value
JO - Journal of Regulation Studies
PY - 2020
VL - 29
IS - 1
PB - 한국규제학회
SP - 35
EP - 59
SN - 1738-7132
AB - This study examines the effects of ESG disclosure which provides firms’ non-financial information on firm performance and firm value. By using Korean listed firms during 2011-2017 with Bloomberg ESG Disclosure Score, we find that only disclosure on Governance is negatively associated with return on assets but the effects of total ESG, Environment and Social information are not statistically significant. Furthermore, none of ESG Disclosure has a statistically significant relationship with firm value. Results imply that disclosure of non-financial information does not improve corporate financial performance and the market does not perceive ESG information as important as financial information.
KW - Non-financial Information;Disclosure;ESG;Firm performance;Firm Value
DO - 10.22954/ksrs.2020.29.1.002
ER -
Yun Kyung Kim. (2020). Effects of Non-financial Information Disclosure on Firm Performance and Firm Value. Journal of Regulation Studies, 29(1), 35-59.
Yun Kyung Kim. 2020, "Effects of Non-financial Information Disclosure on Firm Performance and Firm Value", Journal of Regulation Studies, vol.29, no.1 pp.35-59. Available from: doi:10.22954/ksrs.2020.29.1.002
Yun Kyung Kim "Effects of Non-financial Information Disclosure on Firm Performance and Firm Value" Journal of Regulation Studies 29.1 pp.35-59 (2020) : 35.
Yun Kyung Kim. Effects of Non-financial Information Disclosure on Firm Performance and Firm Value. 2020; 29(1), 35-59. Available from: doi:10.22954/ksrs.2020.29.1.002
Yun Kyung Kim. "Effects of Non-financial Information Disclosure on Firm Performance and Firm Value" Journal of Regulation Studies 29, no.1 (2020) : 35-59.doi: 10.22954/ksrs.2020.29.1.002
Yun Kyung Kim. Effects of Non-financial Information Disclosure on Firm Performance and Firm Value. Journal of Regulation Studies, 29(1), 35-59. doi: 10.22954/ksrs.2020.29.1.002
Yun Kyung Kim. Effects of Non-financial Information Disclosure on Firm Performance and Firm Value. Journal of Regulation Studies. 2020; 29(1) 35-59. doi: 10.22954/ksrs.2020.29.1.002
Yun Kyung Kim. Effects of Non-financial Information Disclosure on Firm Performance and Firm Value. 2020; 29(1), 35-59. Available from: doi:10.22954/ksrs.2020.29.1.002
Yun Kyung Kim. "Effects of Non-financial Information Disclosure on Firm Performance and Firm Value" Journal of Regulation Studies 29, no.1 (2020) : 35-59.doi: 10.22954/ksrs.2020.29.1.002