Date of Publication

11-20-2023

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

Subject Categories

Accounting

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Advisor

Jonathan P. Binaluyo

Defense Panel Chair

Rodiel C. Ferrer

Defense Panel Member

Jerwin B. Tubay

Abstract (English)

Sustainability became a factor in strategic decisions from being a discretionary option to an essential basis in today’s businesses. In recent years, there has been a proliferation of studies on the subject matter. Nevertheless, there remains a lack of studies specifically focused on the countries of the Association of Southeast Asian Nations (ASEAN). Hence, the primary objective of this research is to investigate: 1) the effect of corporate sustainability on the financial performance of companies in the ASEAN-5 region; and 2) the moderating effect of research and development (R&D). The study utilizes a quantitative methodology to investigate the effect of ESG Scores on financial metrics such as Return on Assets (ROA), Return on Equity (ROE), and Tobin's Q. Additionally, the study explores whether R&D has a moderating effect. The study's results revealed that ESG Scores have a significant positive effect on a firm's ROE but no significant impact on ROA or Tobin’s Q. Additionally, results revealed that R&D significantly moderates ESG Score's impact on ROE, but not for ROA and Tobin’s Q. These findings highlight that the impact of ESG and R&D varies based on the financial performance measure used.

Abstract Format

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Abstract (Filipino)

.

Abstract Format

html

Language

English

Format

Electronic

Keywords

Sustainable development

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Embargo Period

2-7-2024

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