GX & Decarbonization Research

Antonio J. Mateo‐Márquez, J. M. González-González, Constancio Zamora‐Ramírez

This study investigates how characteristics of emission reduction targets influence corporate greenwashing. Analyzing 4,938 international observations via probit regression, it finds that science-based validation and broader organizational …

Ukamaka Mercy Esomchi, M. Adeoba, Ahunna Eleanor Dike

This review synthesizes multidisciplinary literature on corporate greenwashing, tracing its evolution from early legitimacy-based accounts to contemporary measurement frameworks based on the gap between disclosed and actual environmental pe…

Dinah Diyanah Burhan, Amiruddin, Darmawati

This study investigates the effect of ESG Decoupling (divergence between sustainability disclosure and actual performance) on stock price crash risk among Indonesian listed firms, and finds that political connections strengthen this relatio…

Xinyu Yang, Qianzhi Wei

This study analyzes how acquiring firms manage ESG scores in the short term around M&A events as a legitimacy-seeking strategy. It examines the impact of such score manipulation on corporate reputation and market valuation.

Eckberg J.

This paper analyzes the determinants of corporate greenwashing behavior and proposes methods to forecast future instances. It examines the impact of greenwashing on the credibility of ESG disclosures, offering insights for investors and reg…

Jing Deng, Zhang Yaowu, Jinhang Deng

Using data from Chinese listed home appliance firms (2014-2021), this study empirically examines drivers and consequences of corporate greenwashing. Larger and older firms are more likely to greenwash, while state-owned enterprises are less…

Ruyu He, Huan Huang

This paper empirically examines how smart ecological monitoring reduces corporate ESG greenwashing using Chinese firm data from 2014-2025. It identifies three mechanisms: improved disclosure transparency, reduced agency costs, and eased fin…

Liangjun Liu, Yuanshun Li, Yishen Feng

This paper investigates the divergent financial implications of symbolic versus substantive environmental disclosure in China's institutional environment. Using YanScore (symbolic rhetoric) and XingScore (substantive action) scores, it find…

O. Moshchenko, A. Usanov, M. Tolmachev +1

This research develops and tests an R-index model to assess the risk of unreliable non-financial reporting (NFR) in the coal industry. Integrating GRI, SASB, ISSB standards and Russian regulations, the model uses qualitative and quantitativ…

Dessy Adelin, Primadonna Ratna Mutumanikam, Laela Lanjarsih +3

This literature review analyzes the gap between corporate sustainability claims and actual environmental performance (greenwashing and greenfraud). It identifies market pressure, weak regulations, and lack of independent verification as dri…

Şeyda Ok

This study develops the Carbon Communication Quality Index (C-Comm Index) using a Fuzzy SWARA framework to evaluate credibility and transparency in sustainability marketing. Expert judgment weights dimensions such as transparency, evidence-…

Noor Faiza M. Ja’afar, Nor Adila Zulkifli, Maslinawati Mohamad

This narrative review synthesizes literature on waste management disclosure credibility, analyzing governance mechanisms, regulatory trends, and assurance practices. It finds disclosure quality is an emergent property of alignment between i…

Wayan Eka Mahendra

This paper applies Fairclough's three-dimensional CDA model to 5-10 corporate sustainability reports to identify linguistic features of greenwashing. It finds ambiguous lexical choices, modality/hedging, passive constructions, and positive …

Dewi Ratnawati, Linda Ayu Wulandari, Prima Tri Puspita +2

Using panel data from 43 Indonesian energy firms (2021-2024), this study examines the impact of greenwashing, foreign ownership, and profitability on market valuation, and whether sustainability report readability moderates these relationsh…

(著者不明)

This special issue examines greenwashing from multiple perspectives, discussing the credibility of corporate environmental claims and disclosure challenges. Based on real examples and regulatory trends, it offers insights for improving tran…

Xu J.

This paper analyzes the problem of corporate 'lip service' to ESG—superficial commitments—and proposes methods to measure and address it. It offers a framework to distinguish genuine sustainability efforts from false claims.

Laura Ribeiro, N. Padia, Dusan Ecim +1

This study systematically analyzes impression management tactics in ESG reporting through a systematic review and bibliometric mapping of 806 sources. It identifies 17 tactics organized into five groups: narrative strategies, distortive dis…

Sih Indri Yuniasari, L. Purwanti

This systematic literature review maps the conceptual evolution of greenwashing in ESG practices, identifies detection patterns, and analyzes impacts on investor trust, firm value, and regulatory effectiveness. Using PRISMA, 35 articles (20…

Dien Ajeng Fauziah, Syafi’i Syafi’i, Khoirul Abidin +1

This bibliometric study maps the intersection of greenwashing, ESG fraud, and forensic accounting using 1,285 articles (2007-2026). It reveals a 35.22% annual growth rate with projected peak by 2032. Critically, forensic accounting is absen…

Hendri Ka Utama, Yulia Saftiana

This systematic literature review (22 articles, 2020-2026) examines greenwashing in the banking sector through legitimacy theory. It finds that 86% of studies document systemic failures and symbolic compliance, while substantive mitigation …