ESG and Financial Distress: The Role of Bribery, Corruption, and Fraud in FTSE All-Share Companies
Our investigation examined the impact of ESG (Environmental, Social, and Governance) activities on corporate financial distress.This research utilised data from companies listed in the FTSE All-Share index from 2014 to 2022 from the Refinitiv EIKON database.We incorporated year- and industry-fixed effects into our analysis to address changing econo