Exploring the Moderating Effect of Regulatory Quality on the Relationship Between <scp>ESG</scp> Performance and <scp>SDGs</scp> Disclosure: Evidence From <scp>OECD</scp> Countries

ABSTRACT This study investigates the impact of environmental, social, and governance (ESG) performance on sustainable development goals (SDGs) disclosure, considering the moderating role of regulatory quality (REQ) across 28 OECD countries from 2017 to 2022. This study employed a list of estimation methods, such as the random effect and fixed effect method, Driscoll–Kraay standard error, two‐stage least squares, and generalized method of moments for robustness checks. The analysis confirms that ESG performance significantly promotes SDG disclosure, while REQ negatively moderates this relationship. These findings highlight the nuanced influence of regulatory frameworks on sustainability and offer practical implications for both policymakers and businesses. This research contributes to the literature by exploring the intersection of ESG, regulation, and SDG transparency.