GX & Decarbonization Research

Ahmed Mohamed Shawki Tawfik, Hanan Mohamed Ismail Youssef, Aljaohra Ali Altuwaijri +1

This study demonstrates a partial mediation effect of big data analytics (BDA) on the relationship between ESG scoring and firm value (Tobin's Q) for Saudi listed firms from 2021-2024, using SEM and bootstrap analysis. The findings suggest …

Ghea Rahmayanti, Merry Susanti

This study examines the effect of ESG scores on financial performance of 11 energy sector firms listed on the Indonesia Stock Exchange from 2022–2024 using panel data regression. Financial performance was measured by ROA, ROE, and Tobin's Q…

Giovana Fernandes Porto, Dilo Sérgio de Carvalho Vianna, J. De Souza Queiroz +2

This study analyzes the correlation between Value Added Statement (DVA) indicators and ESG scores for Brazilian oil companies listed on B3 from 2018 to 2022. It finds significant associations in environmental and social pillars, with intern…

Hussam Musa, Zdenka Musová, Frederik Rech +1

This study applies XGBoost and SHAP analysis to predict ESG ratings of 974 Slovak manufacturing firms using multi-year financial data. Leverage, liquidity, debt-servicing capacity, firm age, and tax-related indicators emerged as important p…

Yashraj Patil, Harikrishnan Ramachandran, Mahesh Sanghavi +1

This paper proposes the SDG-ESG Sustainable Development Index (SESI), an integrated framework for assessing sustainability performance in higher education institutions (HEIs) using ESG dimensions aligned with SDGs. Based on 17 SDG-derived i…

Ricardo Teruel-Gutiérrez

This paper proposes 'sustainability readiness' as a transparent, domain-specific measure of firms' ability to generate, verify, integrate, and communicate sustainability information. Using 2025 World Benchmarking Alliance data across 2000 f…

Srivastava Ajay Bhiari Lal, Agrawal Ankur

This paper empirically analyzes the relationship between ESG controversy scores and firm financial performance. Synthesizing peer-reviewed studies from 2018-2025, it finds that ESG controversies generally reduce firm value and increase risk…

Reza Saputra, Ranila Suciati Suciati

This study examines the effects of ESG scores, dividend policy, and profitability on Cumulative Abnormal Return (CAR) for companies in the SRI-KEHATI Index on the Indonesia Stock Exchange from 2019 to 2024. Using panel data regression, the …

Yomna Abdulla

This paper analyzes the impact of GCC government initiatives on ESG scores of listed firms from 2020-2024 using panel data. It finds an upward trend in average ESG scores, with mandatory ESG disclosure in the UAE positively affecting perfor…

Giovana Fernandes Porto, Dilo Sérgio de Carvalho Vianna, J. De Souza Queiroz +2

This study analyzes the relationship between Value Added Statement indicators and ESG scores of Brazilian oil and gas companies from 2018-2022. Findings show positive associations between internally generated value and ESG performance, and …

Sini Guo, Mengzi Yin, Wai-Ki Ching

This paper proposes a network-based method for online portfolio selection that incorporates ESG scores. It leverages machine learning to integrate ESG criteria into investment decisions, offering a dynamic approach to sustainable portfolio …

Edward I. Altman, Francesco Baldi, Claudia D'Ippolito +1

This study develops a novel ESG rating model called Z-ESG, applying Altman's Z-score logic to environmental, social, and governance indicators. Using discriminant analysis and logistic regression on 325 European listed firms, it produces ES…

Sudirman Sudirman, Normiyati Normiyati, Dedi Sumanto +1

This study analyzes the relationship between ESG scores and financial performance (ROA) and stock return volatility among listed firms in ASEAN-5 from 2016 to 2023 using panel fixed effects. Results show that higher ESG scores are associate…

Silvi Oktaviani, Taufik Andre Setiyono

This study quantitatively examines the effects of sustainability reporting, internal control effectiveness, and accounting ethics on financial statement transparency in Indonesian infrastructure companies. Using multiple linear regression o…

Adeviani Fiardhani, Fransiska Natalia, Poltak Maruli Jhon Liberty Hutagaol

This study examines the impact of tax planning on firm value in Indonesian healthcare companies, moderated by corporate governance and sustainability reporting. Using ETR, Tobin's Q, and SRDI, it finds implications for integrating tax strat…

Yoan Eko Saputra, Fitrini Mansur, Muhammad Ridwan

This study analyzes the impact of financial performance (Current Ratio, ROA, Debt to Assets Ratio) and Sustainability Report Disclosure Index (SRDI) on firm value (Tobin's Q) for 40 energy and industrial sector firms listed on the Indonesia…

Ida Bagus Kerthyayana Manuaba, Juwono -

This paper presents the DCM Corpus, a pipeline and dataset for measuring digital capability from multilingual corporate annual and sustainability reports of Asian listed companies. It applies paragraph-level scoring using a multilingual dic…

M T H Nguyen, Anbinh Vuong, Vanha Tran +1

This paper proposes a method to automate the assessment of sustainability reports aligned with GRI standards using large language models (LLMs) and knowledge graph-based retrieval-augmented generation (RAG). A case study of Vietnamese banks…

Zeyad Al Muhtaseb

This dataset presents a directed qualitative content analysis of how oil and gas companies link the UN Sustainable Development Goals (SDGs) to local content in their annual integrated reports. Using nine trilingual keyword dictionaries, 210…

Rachmaudina Digna Fadhilah, Elsa Imelda

This study examines the effect of sustainability report disclosure (economic, environmental, social dimensions) on financial performance (ROA) of 27 Indonesian banks listed on the IDX from 2021-2025 using panel data regression. Results show…