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Determinants of Time to High Environmental, Social, and Governance (ESG) Performance: A Stratified Cox Survival Analysis

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By Mustafa Can, Engin Karaman, Gülgün Erkan
| Preprints.org
You are already at the latest version This study aims to examine the time it takes for firms to achieve high environmental, social, and governance (ESG) performance, and the firm characteristics that influence this process. Much of the existing literature on ESG treats ESG performance as a static variable and examines the temporal dynamics of firms' ESG transformation processes to a limited degree. The present study considers ESG performance as a dynamic process that unfolds over time.
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