Mapping the environmental, social and governance literature: a bibliometric and content analysis

IF 3.8 Q2 MANAGEMENT

Journal of Strategy and Management Pub Date : 2023-02-17 DOI:10.1108/jsma-05-2022-0092

Karishma Jain, Parthraj Tripathi

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引用次数: 3

Abstract

PurposeThis study aimed to quantify and map academic literature of ESG from a bibliometric perspective and to provide a comprehensive review of the recent literature published in the high-rated journal articles.Design/methodology/approachThe study analyzed 867 and 388 documents from Scopus and Web of Science (WoS) data respectively using bibliometric analysis. Biblioshiny and VOSviewer software was used for performance analysis and science mapping respectively. Further, manual content analysis of the 190 research articles published in the last five years was conducted.FindingsThe results demonstrate that ESG is an emerging domain in the field of sustainable finance as the number of publications and total citations are showing an upward trend. The top two journals in terms of productivity are the Journal of Sustainable Finance and Investment and Business Strategy and the Environment. The highest number of publications are from the United States and George Serafeim is the most influential author in the ESG domain. Further, the result of cluster analysis of bibliographic coupling reveals four intellectual themes, (1) ESG investing; (2) ESG disclosures and Integrated Reporting; (3) ESG performance and firm value and (4) Corporate Governance and ESG performance. The content analysis of the 190 high-quality journal articles presents the current 11 areas of research in ESG. The impact of ESG on firm value and ESG investment are the prominent themes, and the effect of ESG on the cost of capital and ESG audit and assurance are the emerging themes in this domain.Research limitations/implicationsThe keyword search is solely focusing on the theme of the study. Further, other keywords such as Corporate Social Responsibility and Corporate sustainability taken along with ESG may provide distinct results.Practical implicationsThe study advances the understanding of the ESG domain by developing new possibilities to discover key research areas.Originality/valueThe present work provides a comprehensive and detailed bibliometric and content analysis of ESG literature. This study delineates the thorough literature review of journal articles published in the recent five years in high-rated journals.

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绘制环境、社会和治理文献:文献计量学和内容分析

目的本研究旨在从文献计量学的角度对ESG的学术文献进行量化和制图，并对近期发表在高评价期刊文章中的文献进行全面综述。设计/方法/方法采用文献计量学分析方法，对来自Scopus和Web of Science (WoS)的867篇和388篇文献进行分析。分别使用Biblioshiny和VOSviewer软件进行性能分析和科学制图。此外，对近5年发表的190篇研究论文进行了手工内容分析。结果表明，ESG是可持续金融领域的一个新兴领域，其发表数量和总被引量均呈现上升趋势。在生产力方面排名前两位的期刊是《可持续金融与投资杂志》和《商业战略与环境》。发表论文最多的是美国，George Serafeim是ESG领域最有影响力的作者。此外，文献耦合的聚类分析结果揭示了四个智力主题:(1)ESG投资;(2) ESG披露与综合报告;(3) ESG绩效与公司价值(4)公司治理与ESG绩效。对190篇高质量期刊文章的内容分析呈现了当前ESG研究的11个领域。ESG对公司价值和ESG投资的影响是突出的主题，ESG对资本成本的影响以及ESG审计和鉴证是该领域的新兴主题。研究局限/启示关键词搜索只关注研究主题。此外，其他关键词，如企业社会责任和企业可持续性，与ESG一起可能会提供不同的结果。实际意义本研究通过开发发现关键研究领域的新可能性，促进了对ESG领域的理解。原创性/价值本工作提供了ESG文献的全面和详细的文献计量学和内容分析。本研究对近五年来在高评价期刊上发表的期刊文章进行了全面的文献综述。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Strategy and Management MANAGEMENT-

CiteScore

6.30

自引率

9.70%

发文量

期刊介绍： The Journal of Strategy and Management is an international journal dedicated to: -improving the existing knowledge and understanding of strategy development and implementation globally in private and public organizations -encouraging new thinking and innovative approaches to the study of strategy -offering executives strategic insights based on outcomes of original scholarly research; and -establishing effective communication between researchers and executives managing public and private organizations.