BBAuthors: Lau, Chee Kwong; Advisor: -; Participants: - (2019)
In 2010, Bursa Malaysia (the Malaysian Stock Exchange) introduced an initiative of business sustainability for its public listed companies (PLC) and a number of benefits were listed to encourage the voluntary adoption of this initiative. This study examines the economic benefits achieved by sample Malaysia firms which embarked on different levels of business sustainability initiatives (BSI). A disclosure index, based on a framework of BSI constructs, was used to determine the levels of BSI and quality of disclosures of the sample firms – the FTSE Bursa Malaysia Top 100 (FBM100) Index constituents. It finds that firms with a higher BSI level generally enjoy better firm market value (as... 
