The analysis of corporate governance, finance and their impact on ESG investing performance

This study examined how a significant presence of controlling shareholders within the Thai stock market manage corporate governance, shareholder wealth and financial performance to encourage environment, social responsibility and corporate governance (ESG) performance. Population and samples were collected from the top 100 ESG companies in Thailand during 2020-2023. Multiple-regression modelling examined the relationship between controlling shareholders, corporate governance, shareholder wealth, financial performance, and ESG performance. The research findings showcased a positive association between controlling shareholders and ESG performance. The outcomes clearly demonstrated that positive corporate governance and shareholder wealth and financial performance significantly improved ESG performance.