Igo Febrianto, S.E., M.Sc., Igo The Interaction of Maqasid Al-Shariah in the Relationship Between ESG and Firm Financial Performance. ASEAN Journal on Science and Technology for Development, 41 (2). pp. 210-216. ISSN 2224-9028

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Abstract

This paper aims to analyse the role of Maqasid Al-Shariah as a value-added factor in the implementation of ESG for firms' financial performance. Most publicly listed firms are encouraged to get involved in sustainability reporting; however, the adoption rate of ESG among non-financial firms seems unattractive. Therefore, this paper will evaluate the literature review using the systematic literature review approach to justify the role of Maqasid Al-Shariah in implementing ESG. The general conclusion suggested that ESG plays an essential role in financial performance despite the implementation focusing more on cost. The inclusion of Maqasid Al-Shariah in ESG believes that the sustainability of the environment and governance is seen as a robust integration for the long-term benefit of business stakeholders.

Item Type:	Article
Subjects:	H Social Sciences > HG Finance
Divisions:	Fakultas Ekonomi dan Bisnis (FEB) > Prodi Manajemen
Depositing User:	IGO FEBRIA
Date Deposited:	21 Jun 2024 02:16
Last Modified:	21 Jun 2024 02:16
URI:	http://repository.lppm.unila.ac.id/id/eprint/53779

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