Author(s)

Inerttiah Tamlyn Madzoke¹, Helen Keneilwe Nyambe², Nathan Malala¹, Jie Wu¹

¹School of Economics and Management, Yangtze University, Jingzhou, China.
²School of Education and Sports Sciences, Yangtze University, Jingzhou, China.

In Zimbabwe, mining companies pose significant environmental, social and governance impacts. This paper investigates the nexus between ESG performance and financial performance of Zimbabwean listed mining companies. The mode of investigation is to establish whether the ESG systems affect the companies’ investment decision-making. This article used a quantitative research design. A sample of 25 mining companies listed on the Zimbabwe Stock Exchange was selected. The results show that there is a positive co-relationship between ESG performance and investment decisions by companies. This study contributes to the emerging literature on corporate ESG by highlighting the relationship between ESG performance and investment decisions in the mining sector in Zimbabwe.

Environmental, Social, and Governance (ESG), Investment Decision, Zimbabwe, Sustainable Development, Mining Industry, Financial Performance

Madzoke, I. , Nyambe, H. , Malala, N. and Wu, J. (2024) Investigating the Relationship between ESG Performance and Financial Performance: Evidence from Listed Mining Companies in Zimbabwe. Open Access Library Journal, 11, 1-22. doi: 10.4236/oalib.1111542.