أثر مكونات المؤشر المصري للتنمية المستدامة على الأداء المالي : دراسة تطبيقية على الشركات المدرجة في مؤشر S&P EGX ESG

الملخص EN

The aim of the study was to examine the impact of the components of the Egyptian index of corporate responsibility represented by corporate governance, community responsibility and environmental practices on financial performance measured by the rate of return on assets and the rate of return on property rights, while clarifying the theoretical aspects and concepts associated with the subject matter.

The study focused on the extent to which companies were committed to disclosing sustainability performance components as they were present in the Egyptian sustainability index.

(S & P EGX ESG index) and statement of disclosure of items associated with the scale The study was based on the descriptive/analytical approach.

The study population has been represented in all the companies that make up the Egyptian Corporate Responsibility Index S&P EGX ESG in a comprehensive inventory method, and they number 30 companies that express all the Egyptian index companies until the preparation of this article.

The accounting for corporate disclosure on the governance axis is 66.38% , and this level is considered medium due to the fact that some components of the S&P EGX ESG index regarding governance items require optional disclosure, especially those related to future forecasts and expectations and some analyzes that companies do not follow, while companies are committed to 57.26% Of the total items related to community performance within the social responsibility items, which is a moderate percentage in terms of application or disclosure of standards, The level of companies' commitment to disclosures about environmental practices was at a rate of 65.33% .

The process of adhering to environmental practices is an important matter for companies in accordance with the directives of the Financial Supervisory Authority on the necessity to reconcile the conditions of companies to suit the requirements of the environment.

On the rate of return on equity and the rate of return on assets, while there is no significant impact of the societal practices of companies on the financial performance, whether the rate of return on property rights or the rate of return on assets, The study recommended the need to pay attention to social responsibility and motivate companies to provide more attention to sustainable development, which reflects on their financial performance, with the need to conduct future studies to study the disclosure of the dimensions of sustainability in multiple sectors, and to rely on more broad indicators based on linking sustainability performance to future financial performance