Business Strategy & Development,
Год журнала:
2025,
Номер
8(1)
Опубликована: Март 1, 2025
ABSTRACT
This
study
examines
the
relationship
between
Environmental,
Social,
and
Governance
(ESG)
practices
corporate
risk
in
Asian
countries,
emphasizing
moderating
role
of
board
gender
diversity
(BGD).
Using
a
panel
dataset
15,496
observations
from
firms
2008
2020,
analysis
employs
Generalized
Method
Moments
(GMM)
model
to
address
potential
endogeneity
issues.
The
findings
indicate
that
stronger
ESG
significantly
reduce
risk,
enhance
financial
stability,
mitigate
regulatory
market
volatility
exposure.
Furthermore,
results
highlight
higher
BGD
amplifies
this
risk‐reduction
effect,
suggesting
diverse
boards
contribute
better
decision‐making
management.
Policy
Implications:
These
underscore
importance
frameworks
encourage
adoption
diversity.
Policymakers
should
incentivize
companies
integrate
principles
implement
policies,
such
as
quotas
or
disclosure
requirements,
resilience
sustainable
economic
growth.
Sustainability,
Год журнала:
2022,
Номер
14(20), С. 13154 - 13154
Опубликована: Окт. 13, 2022
ESG
(environment,
social,
and
governance)
scores
are
becoming
mainstream
proxies
for
evaluating
sustainability
in
organizations.
In
past
years,
scholars
managers
used
to
express
the
sustainable
development
of
an
organization
other
types
sustainability.
Meanwhile,
increasing
literature
has
shown
that
do
not
measure
terms
development.
The
main
reason
fail
adequately
is
designed
concepts,
such
as
temporality,
impact,
resources
management,
interconnectivity.
Furthermore,
apply
materiality
but
what
they
always
quantifiable,
most
agencies
produce
lack
transparency.
This
research
reviewed
challenges
issues
associated
with
regarding
representation.
Then,
based
on
literature,
different
themes
concepts
would
add
more
consideration
ideal
score
presented.
Since
increasingly
popular,
this
paper
presents
ideas
help
include
principles
their
methodologies
while
redefining
expectations
using
them.
Sustainability,
Год журнала:
2023,
Номер
15(8), С. 6685 - 6685
Опубликована: Апрель 14, 2023
In
recent
years,
interest
in
economic,
environmental
and
social
sustainability
has
increased
significantly.
Companies
are
gradually
adopting
behaviors
aimed
at
achieving
the
Sustainable
Development
Goals,
which
represent
a
crucial
aspect
of
2030
Agenda.
practice,
they
currently
incorporating
organizational
strategies
that
jointly
consider
environmental,
corporate
governance
(ESG),
with
aim
generating
value
for
all
stakeholders.
This
paper
aims
to
review,
through
recognized
seven-step
procedure,
current
literature
on
impact
ESG
practices
have
industry,
focus
reduction
carbon
emissions.
The
results
extremely
useful
both
researchers
entrepreneurs.
bibliometric
analysis
shows
paradigm
grown
considerably
last
three
years.
Furthermore,
13
key
documents,
it
emerges
(i)
European
community
is
pushing
significantly
towards
adoption
new
regulations,
(ii)
link
between
industrial
operations
emissions
can
no
longer
be
neglected
within
factory
future,
(iii)
significant
efforts
still
needed
standardize,
terms
variables
KPIs,
ESG-centric
strategies.
Journal of Open Innovation Technology Market and Complexity,
Год журнала:
2023,
Номер
9(2), С. 100056 - 100056
Опубликована: Май 6, 2023
Social
considerations
and
potential
for
innovation
in
resource
technological
exploitation
processes
have
dominated
traditional
ideas
of
regional
development.
Similar
to
how
economic
progress
is
sometimes
expressed
terms
job
creation
rising
property
prices.
An
alternate
viewpoint
contends
that
the
business
community
must
be
included
into
construction
planning
strategies
counterbalance
conventional
perspective
since
this
approach
often
overlooks
social
components
tourist
This
study
makes
case
encouraging
creativity
development
(ASEAN)
entails
much
more
than
just
consulting
local
operators,
but
consideration
should
given
open
concept.
Although
tourism
may
carried
out
a
fashion
enhances
innovation,
it
also
requires
certain
degree
external
country
partner
(open
innovation)
so
can
serve
its
intended
purpose
as
tool
even
contribute
economy.
The
main
human
capital,
structural
relational
capital
discussed
study.
It
does
framework
development,
well
innovative
systems
sustainable
interplay
various
kinds
innovations
growth
both
bridging
bonding
examined
Increasing
shouldn't
seen
quick
fix
increase
tourism.
Thus,
claimed
policies
focused
at
supporting
non-traditional
reflect
need
building
sustaining
specific
types
connectivity,
namely
bridges.
Business Strategy and the Environment,
Год журнала:
2023,
Номер
33(2), С. 241 - 262
Опубликована: Июнь 22, 2023
Abstract
Using
a
sample
of
Brazilian
listed
companies,
our
study
investigates
the
directional
cause–effect
relationship
between
market
structure,
ESG
performance,
and
firm
efficiency
under
Stochastic
Structural
Relationship
Programming
(SSRP)
model.
Our
empirical
evidence
is
threefold.
First,
findings
indicate
that
firms
with
better
environmental
performance
are
more
efficient,
whereas
lower
poorer
corporate
governance
practices
associated
higher
level
efficiency.
Second,
suggests
structure
measures
(i.e.,
competition,
concentration,
power)
have
heterogeneous
impacts
on
various
indexes.
Specifically,
competition
but
worse
although
power
can
only
enhance
firms.
Third,
proxies
employed
in
this
significantly
attributed
to
provide
practical
implications
for
stakeholders
suggest
avenues
future
studies
build
evidence.
Corporate Social Responsibility and Environmental Management,
Год журнала:
2023,
Номер
31(3), С. 2290 - 2310
Опубликована: Дек. 12, 2023
Abstract
Using
Sino‐Securities
Environmental,
social,
and
governance
(ESG)
ratings
data,
we
examine
how
environmental
uncertainty
affects
the
ESG
performance
of
Chinese
A‐share
non‐financial
listed
firms
from
2008
to
2020.
Our
findings
show
that
harms
corporate
performance.
In
particular,
when
increases,
a
firm's
score
decline
due
factors
such
as
financial
constraints
industry
competition.
We
argue
risk
premium
rises,
it
increases
real
options
value
postponing
sustainable
investment
for
firm.
Consequently,
tend
cut
down
their
by
weighing
long‐term
benefits
short‐term
direct
costs.
The
changes
with
opportunities
available
financing
competitive
pressure
size
opportunities.
higher
competition
restrict
dilute
negative
impact
on
These
results
add
existing
literature
investigating
offer
insights
regulators
enterprise
managers.
are
robust
alternate
proxies
regression
techniques.
Sustainability,
Год журнала:
2024,
Номер
16(13), С. 5650 - 5650
Опубликована: Июль 2, 2024
Environmental,
social,
and
corporate
governance
(ESG)
practices
are
gaining
prominence
globally
in
Brazil,
as
it
is
home
to
invaluable
environmental
assets.
This
article
presents
new
evidence
on
the
impact
of
ESG
scores
publicly
traded
Brazilian
companies,
contributing
growing
body
literature
that
examines
relationship
between
financial
performance,
while
addressing
a
gap
analysis
market,
eighth-largest
economy
globally.
By
testing
two
main
hypotheses—that
negatively
associated
with
cost
capital
positively
return
assets—this
study
aimed
advance
both
our
theoretical
empirical
understanding
how
sustainable
influence
performance
within
context.
Using
quantitative
methods
Refinitiv
data
from
2018
2022,
panel
regression
analysis,
quantile
regression,
fixed
effects,
this
revealed
significant
connections
high
lower
capital,
addition
better
operating
performance.
When
were
evaluated
separately,
only
was
statistically
capital.
The
environmental,
positive
for
operational
Corporate Social Responsibility and Environmental Management,
Год журнала:
2024,
Номер
31(5), С. 3703 - 3723
Опубликована: Март 8, 2024
Abstract
The
paper
provides
a
detailed
analysis
of
the
ESG
literature
with
aim
bringing
clarity
to
this
area
research
and
proposing
agenda.
An
overview
development
on
pillars
is
offered
through
review
903
peer‐reviewed
articles.
identifies
four
thematic
clusters:
impacts
disclosure
practices,
sustainability,
accounting,
responsible
investments.
main
streams
sub‐streams
for
each
cluster
are
discussed,
highlighting
most
frequent
theoretical
perspectives
methodologies.
Furthermore,
evolution
across
time
delineated.
also
future
directions
within
advance
knowledge,
proposes
an
integrative
framework
based
focal
themes
their
reciprocal
connections.
Business Strategy and the Environment,
Год журнала:
2024,
Номер
33(6), С. 5109 - 5126
Опубликована: Март 20, 2024
Abstract
This
paper
investigates
whether
and
to
what
extent
circular
economy
performance
affects
the
financial
of
a
global
sample
listed
agri‐food
firms.
Furthermore,
potential
moderating
role
stakeholder
engagement
in
empowering
this
relationship
has
been
tested.
A
index
developed
based
on
Environmental
Social
Governance
scores
reclassified
light
reuse,
reduce,
recovery
recycling
(4R)
paradigm.
Then,
multivariate
regression
model
from
2015
2022
carried
out.
broader
theoretical
framework
adopted,
combining
natural
resource‐based
view
theory.
The
results
show
positive
between
performance,
boosting
function
played
by
engagement.
study
findings
provide
stimuli
for
academics
managers
reflect
profitability
pivotal
giving
significant
impulse
transition.
