Evolution and relevance of research on Environmental, Social, and Governance factors

In the wake of a compelling societal shift and the subsequent widespread response across multiple industries, Environmental, Social, and Governance (ESG) factors have emerged as a pivotal subject in scholarly literature. To gauge the significance of these contributions and facilitate objective explo...

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Detalles Bibliográficos
Autores: Estévez Mendoza, Carlos, Infante, Juan
Tipo de recurso: artículo
Fecha de publicación:2024
País:España
Institución:Universidad Villanueva (UV)
Repositorio:DIGI-UV. Repositorio Digital de la Universidad Villanueva
OAI Identifier:oai:digiuv.villanueva.edu:20.500.12766/656
Acceso en línea:https://hdl.handle.net/20.500.12766/656
Access Level:acceso abierto
Palabra clave:Bibliometric analysis
Co-citation
CSR
Environmental, Social, and Governance (ESG)
Intellectual framework
Descripción
Sumario:In the wake of a compelling societal shift and the subsequent widespread response across multiple industries, Environmental, Social, and Governance (ESG) factors have emerged as a pivotal subject in scholarly literature. To gauge the significance of these contributions and facilitate objective exploration in future research, we employ bibliometric techniques. Thus, we identify the relevant authors and journals, and depict the evolution in the themes and pillars of the intellectual framework underpinning the topic. Our analysis covers 594 articles from 2007 to 2022, divided into two distinct periods. In the first period, the pillars are centered on contextualiz ing theories, the impact in terms of financial-related performance, and the ethical implications within the domain of corporate social responsibility. In the subsequent period, there is a notable progression towards reinforcing theoretical foundations. The pillars shift towards more practical implications, focusing on challenges associ ated with investing based on ESG criteria, guiding stakeholders in adapting to this paradigm, and addressing risks tied to its implementation. Financial performance, disclosure in reporting, and socially responsible investments remain crucial matters, and the analysis of the environmental issues outnumber social, and governance ones in both periods. We discuss the potential implications and further lines of research.