The Determinants of FTSE4 Good Bursa Malaysia

Abstract

This study was conducted to identify the factors that influence the companies listed in Bursa Malaysia to be indexed as FTSE4Good Bursa Malaysia (F4GBM). The companies awarded as F4GBM are those with good sustainable practices. This study investigates the potential factors that explain the good sustainable practice (i.e. corporate size, financial performance, industry attachment and sharia-compliant). Analysis reveals that only corporate size which proxy by market capitalization has significant relationship with good sustainable practice.

Keywords

• Sustainability
• Firm characteristics
• FTSE4Good
• Corporate Social Responsibility (CSR)