ESG与财务变量:系统综述

IF 1.3 Q1 LAW
Mohit Saini, Vaibhav Aggarwal, Barkha Dhingra, Pankaj Kumar, Mahender Yadav
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引用次数: 2

摘要

目的环境、社会和治理(ESG)研究的日益增长的趋势,以及它与企业财务业绩的相关性,在学术界和工业界获得了很大的吸引力。本研究旨在通过对该领域的最新研究文章进行全面系统的综述,填补文献中存在的空白。设计/方法/方法本研究采用了系统的文献综述和文献计量技术相结合的方法。已使用适当的搜索字符串从Scopus数据库中检索数据。最终数据集包括296份用于科学制图的文件,对进一步完善文件后最终确定的60篇文章进行了审查。研究结果表明,利益相关者、合法性和信号理论是ESG和财务绩效的基础。社会企业的资本成本较低,因为它们的潜在风险较低。此外,本研究通过构建“CSR/ESG决定因素和企业绩效”、“调节者和中介者”、“投资者感知”和“旅游业企业社会责任”四个集群来提供知识结构。原创性/价值本研究使用定性(系统综述)和定量(文献计量)两种工具对文献进行了综述。此外,本研究提供了最新的文献综述。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
ESG and financial variables: a systematic review
Purpose The growing trend in environmental, social and governance (ESG) research, along with its relevance to the financial performance of firms, has gained a lot of attraction in academia and industry. This study aims to fill the existing gap in the literature by conducting a thorough systematic review with the latest research articles in this area. Design/methodology/approach This study adopted a blend of systematic literature review and bibliometric techniques. A proper search string was used to retrieve the data from the Scopus database. The final dataset comprises 296 documents used for science mapping, and the review was done of 60 articles finalised after further refining the documents. Findings The results of this study indicate that stakeholder, legitimacy and signalling theories are the foundation for ESG and financial performance. Social firms have a lower capital cost because of their low-risk potential. Moreover, this study provides the knowledge structure by framing four clusters, “CSR/ESG determinants and firm performance”, “Moderators and Mediators”, “Investors’ perception” and “CSR in the tourism sector”. Originality/value This study has reviewed the literature with both tools, that is, qualitative (systematic review) and quantitative (bibliometric). Moreover, this study presents the latest synthesis of the literature.
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来源期刊
CiteScore
3.90
自引率
6.70%
发文量
13
期刊介绍: The International Journal of Law and Management is a leading journal addressing all aspects of regulation and law as they impact on organisational development, operations and leadership. Organisations and their leaders operate in an increasingly complex world of emerging regulation across national and international boundaries. The International Journal of Law and Management seeks to acknowledge the dynamics of that environment and provide a platform for articles and contributions to stimulate scholarly debate in the development of law and practice. The International Journal of Law and Management seeks to present the latest research on policy, practice and theoretical perspectives and their impact on the development and leadership of organisations. Contributions of a multi-disciplinary nature are welcome. Coverage includes, but is not limited to: -Employment and industrial law- Corporate governance and social responsibility- Intellectual property- Corporate law and finance- Insolvency- Commercial law and consumer protection- Environmental law- Taxation- Competition law- Regulatory theory
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