GX & Decarbonization Research

T. Tang, Jiahui Guo, Rosie Parker +1

This study examines how institutional investors' ESG preferences affect corporate real investment in China. Using quarterly panel data from 2009-2023, we find that firms with higher ESG-oriented institutional ownership (ESGIO) have signific…

Thriyani Rahmania, W. Ermawati, G. Suprayitno +1

This study examines the impact of ESG scores on sustainable growth rate of energy companies in Indonesia and Thailand, with financial performance as mediator. Using panel data regression on 55 observations from Refinitiv (2019-2023), it fin…

Nandina Putri Wiguna, Sriwidharmanely Sriwidharmanely, Berto Usman

This study examines the effect of green accounting (GRI-based environmental disclosure) on firm value (Tobin's Q) in Indonesian energy firms (2017-2023). Environmental disclosure alone has a marginally significant negative effect, but exter…

Riska Natariasari, Ananta eda Claudya, Rheny Afriana Hanif

This study examines the impact of green accounting, sustainability reports, and earnings management on ROA for 40 Indonesian energy firms (2021-2024). Green accounting and earnings management have significant negative effects, while sustain…

Salsabila Suci Dwi Mawarni, Rr. Sri Saraswati

This study examines the impact of ESG disclosure and financial factors on firm value for Asia-Pacific energy firms from 2021-2024 using panel regression. Results show ESG disclosure has a significant negative effect, while ROA, cash reserve…

Van Hai T.

This study empirically analyzes the impact of ESG disclosure on risk and corporate value using Vietnamese listed companies. It examines how disclosure quality and content affect firm valuation, highlighting the importance of ESG information…

Musa Khan, Sanyah Saad, Ammarah Akhuand

This study examines how corporate sustainability practices disclosure (CSPD) affects financial performance in Pakistan's Islamic banks. Analyzing annual reports from 2010-2021 using GRI and AAOIFI guidelines, it finds that overall sustainab…

Anggya Julliet Jennyver Mangundap, J. Sondakh, Hendrik Gamaliel

Using SEM-PLS on 136 firm-year observations from 34 Indonesian banks (2021–2024), this study finds that sustainability disclosure fully mediates the leverage–firm value relationship and partially mediates the institutional ownership–firm va…

B. A. Bakirova, T. V. Pospelova, R. K. Elshibayev +1

This paper systematically analyzes ESG regulatory models in the EU, USA, and Asia-Pacific, examining SFDR, CSRD, EU Taxonomy, and ISSB S1/S2. Regression analysis confirms a positive relationship between mandatory ESG regulation and firm per…

Amalia R, Rahmadani Nur Permanawati

This study examines the effect of ESG scores on the financial performance (ROA) of property and real estate firms listed on the Indonesia Stock Exchange from 2020 to 2024. Using panel data regression, it finds that the overall ESG score and…

Suleiman, Baidu, Moses, Moses, Wusini, Deborah

This study examines the effect of sustainability reporting (Oil Spill Remediation Disclosure and Decommissioning & Asset Retirement Disclosure) on the financial performance of listed oil and gas firms in Nigeria, with the Petroleum Industry…

Yuliani Almalita, Almaida Dwi Kusuma

This study examines the effect of sustainability reporting on financial reporting quality in Indonesian manufacturing firms from 2022–2024. Using panel data from 125 listed firms, it finds that sustainability reporting and its quality do no…

Cassius Mogoeng, Karabo Sitto-Kaunda

This paper examines the role of strategic communicators in ESG disclosure, arguing that effective communication enhances stakeholder trust. It offers a practical framework for improving corporate ESG communication strategies.

Osei A.

This paper explores how firms integrate sustainability targets, eco-innovation, and sustainable governance to achieve sustainable competitive advantage, focusing on circular business transformation. It provides a theoretical framework for c…

Faten Ben Bouheni, Manish Tewari, Dima Leshchinskii

This study examines the association between ESG initiatives and corporate performance using 360 S&P 500 firms from 2010-2018. Environmental performance positively relates to current profitability (ROA), with a one-standard-deviation increas…

M. Vu, N. Lê, Albert Vu

This paper examines how ESG media signals affect earnings volatility of Vietnamese listed firms. It finds that social signals increase short-term volatility, governance signals reduce volatility, and environmental signals predict higher fut…

Fahad Ullah Khan, Asad Amin

This systematic review examines the evolution of ESG investing, its link to financial performance, and key measurement challenges. Following PRISMA guidelines, it screens peer-reviewed articles (2010-2025) and applies thematic analysis. Fin…

Камар Кожахметова, D. Rakhmatullayeva, K. Ruziev

This paper systematically reviews the role of multicriteria analysis (MCA) in ESG-oriented portfolio optimization. It compares methods like TOPSIS, PROMETHEE, VIKOR, AHP, Entropy, and CRITIC for integrating ESG criteria into investment deci…

Thanyawee Pratoomsuwan, H. Tan, W. Wattanacharoensil

This systematic review of 72 top-tier accounting journal articles analyzes how external drivers (regulatory, market) shape firm-level ESG initiatives and their impact on financial and non-financial performance. Applying institutional logics…

T. Hildenbrand, A. Röser, Alexander Zureck

This study analyzes the impact of ESG ratings (Bloomberg Disclosure Score and Morningstar Sustainalytics Score) on systematic and unsystematic risk for STOXX Europe 600 companies from 2017-2022. Using panel regression, it finds that the rel…