Environmental responsibility and firm performance: evidence from Vietnam

https://doi.org/10.31130/ud-jst.2025.027

Abstract: 618 | PDF: 486

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Author

  • Thai Thi Hong An
    The University of Danang - University of Economics, Vietnam
    Le Thi Ngoc Tran
    The University of Danang - University of Economics, Vietnam
    Nguyen Thi Yen Nhi
    The University of Danang - University of Economics, Vietnam
    H Jery Nie
    The University of Danang - University of Economics, Vietnam

Keywords:

Environmental responsibility
firm performance
pollution prevention
environmental protection
Vietnam

Abstract

This paper focuses on the relationship between environmental responsibility and corporate performance, measured by return on equity (ROE) and return on assets (ROA). Based on a panel dataset of listed firms on the Ho Chi Minh City Stock Exchange (HOSE) and Hanoi Stock Exchange (HSX) during the period 2018–2023 and employing the methods of Pooled Ordinary Least Squares (POLS) and System Generalized Method of Moments (system-GMM), the results show that the relationship between environmental responsibility and corporate performance is positive and statistically significant. The study encourages firms to be more environmentally responsible to achieve better performance while preserving a healthy living environment.

References

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Published

Feb 28, 2025
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How to Cite
Ân, T. T. H., L. T. N. Trân, N. T. Y. Nhi, and H. J. Niê. “Environmental Responsibility and Firm Performance: Evidence from Vietnam”. The University of Danang - Journal of Science and Technology, vol. 23, no. 2, Feb. 2025, pp. 37-42, doi:10.31130/ud-jst.2025.027.

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