Environmental, Social and Governance (ESG) Reporting Quality and Firm Lag vs. Lead Performance: Evidence from Sri Lankan Listed Companies

Key Points

• The central aim is to explore how the quality of ESG reporting impacts firm performance among Sri Lankan listed companies.
• Analysis of ESG reporting data from Sri Lankan companies
• Comparison of lead and lag performance metrics
• Statistical testing to measure relationships
• Higher ESG reporting quality is linked to better firm performance
• Firms with lead performance demonstrate stronger sustainability practices
• Lagging firms show areas for improvement in governance and social responsibility