What does this research mean for the field?

The implementation of IFRS S1 and S2 sustainability standards by listed companies in Bangladesh significantly increases environmental and social sustainability investments, but is negatively associated with governance sustainability investment. Novelty: ClaimNovelty.NOVEL_FINDING. Consensus alignment: ConsensusAlignment.NEUTRAL.

What question did this study set out to answer?

To examine whether adopting IFRS S1 and S2 sustainability disclosure standards influences corporate environmental, social, and governance (ESG) investment outcomes in an emerging capital market.

September 5, 2026Business Strategy and the Environment

IFRS S1 and S2 Sustainability Standards and ESG Investment Outcomes: Empirical Evidence From Listed Companies in Bangladesh

View Full Paper

Ask AI

Bookmark

Authors

MKMd Abdul KuddusCharles Sturt University PGPratik GoswamiMawlana Bhashani Science and Technology University NNNusrat Jahan NilaMawlana Bhashani Science and Technology University

Discussion

Member takes

Implication

An empirical panel study demonstrates divergent impacts of sustainability disclosure standards on corporate ESG investments in listed firms, highlighting gaps in governance transformation.

Key Points

To examine whether adopting IFRS S1 and S2 sustainability disclosure standards influences corporate environmental, social, and governance (ESG) investment outcomes in an emerging capital market.
Conducted an empirical panel study analyzing secondary financial and disclosure data from N=200 listed firms across the Dhaka Stock Exchange and Chittagong Stock Exchange in Bangladesh from 2023 to 2025.
Applied partial least squares structural equation modeling (PLS-SEM) within the conceptual frameworks of stakeholder theory and legitimacy theory.
Implementation of IFRS S1 and S2 demonstrated significant positive associations with environmental sustainability investment (β = 0.441, p < 0.001) and social sustainability investment (β = 0.586, p < 0.001).
Implementation exhibited a statistically significant negative association with governance sustainability investment (β = −0.520, p < 0.001), across models displaying modest explanatory power (R² = 0.194–0.344).

Cite This Study

Kuddus et al. (2026) studied this question.

synapsesocial.com/papers/6a9bd3f16b95aff0620eb30f https://doi.org/10.1002/bse.71493

View Full Paper

Ask AI

Bookmark

Implication

An empirical panel study demonstrates divergent impacts of sustainability disclosure standards on corporate ESG investments in listed firms, highlighting gaps in governance transformation.

IFRS S1 and S2 Sustainability Standards and ESG Investment Outcomes: Empirical Evidence From Listed Companies in Bangladesh

Discussion

Member takes

Implication

Key Points

Cite This Study

IFRS S1 and S2 Sustainability Standards and ESG Investment Outcomes: Empirical Evidence From Listed Companies in Bangladesh

Discussion

Member takes

Implication

Key Points

Cite This Study

Also Consider

Also Consider