reveals that the link between the aggregate ESG score and firm value is positive but insignificant. This finding suggests that the important role of SOC in model 3 in driving firm value is overshadowed by
implicit assumption behind the expected relation between future earnings and stock price is that markets possess information about future earnings. Prior research on the price informativeness reveals that
rate borrowings, exposes the Group to the risk of unfavourable interest rate fluctuations and this may have an adverse impact on profitability. The Group's debt is denominated in various currencies, with