Valentina Beretta, Enrico Cotta Ramusino, Maria Chiara Demartini, Emanuel Bagna
{"title":"Exploring the intersection of sustainability performance and M&A activity: A review of the literature","authors":"Valentina Beretta, Enrico Cotta Ramusino, Maria Chiara Demartini, Emanuel Bagna","doi":"10.1016/j.irfa.2025.104375","DOIUrl":null,"url":null,"abstract":"<div><div>This study adopts a bibliometric and content analysis to investigate extant literature on the link between sustainability and M&A. Findings from the analysis of 96 papers show that the extant literature is fragmented and interdisciplinary, with many authors from Chinese and Australian institutions analyzing primarily Chinese and US firms. Preferred outlets either are in the field of general management or specialized in finance. From a methodological perspective, quantitative studies represent by far the majority of the analyzed sample. Several avenues for further research are addressed.</div></div>","PeriodicalId":48226,"journal":{"name":"International Review of Financial Analysis","volume":"105 ","pages":"Article 104375"},"PeriodicalIF":9.8000,"publicationDate":"2025-06-02","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Review of Financial Analysis","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1057521925004624","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"BUSINESS, FINANCE","Score":null,"Total":0}
引用次数: 0
Abstract
This study adopts a bibliometric and content analysis to investigate extant literature on the link between sustainability and M&A. Findings from the analysis of 96 papers show that the extant literature is fragmented and interdisciplinary, with many authors from Chinese and Australian institutions analyzing primarily Chinese and US firms. Preferred outlets either are in the field of general management or specialized in finance. From a methodological perspective, quantitative studies represent by far the majority of the analyzed sample. Several avenues for further research are addressed.
期刊介绍:
The International Review of Financial Analysis (IRFA) is an impartial refereed journal designed to serve as a platform for high-quality financial research. It welcomes a diverse range of financial research topics and maintains an unbiased selection process. While not limited to U.S.-centric subjects, IRFA, as its title suggests, is open to valuable research contributions from around the world.