Fig 1.
Note: This figure displays the moderating effects of financial sustainability on the relationship between ESG practices and divided policy.
Table 1.
Summary of statistical information.
Table 2.
Matrix of correlations.
Table 3.
The impact of ESG on dividend.
Table 4.
The role of financial sustainability on the association between ESG and dividend.
Table 5.
The impact of environmental disclosure, social disclosure and governance disclosure on dividend policy.
Table 6.
The impact of ESG disclosures on dividend policy employing different estimation techniques.
Table 7.
Tracking endogeneity (GMM).