GX & Decarbonization Research

Fahad Ullah Khan, Asad Amin

This systematic review examines the evolution of ESG investing, its link to financial performance, and key measurement challenges. Following PRISMA guidelines, it screens peer-reviewed articles (2010-2025) and applies thematic analysis. Fin…

Камар Кожахметова, D. Rakhmatullayeva, K. Ruziev

This paper systematically reviews the role of multicriteria analysis (MCA) in ESG-oriented portfolio optimization. It compares methods like TOPSIS, PROMETHEE, VIKOR, AHP, Entropy, and CRITIC for integrating ESG criteria into investment deci…

Thanyawee Pratoomsuwan, H. Tan, W. Wattanacharoensil

This systematic review of 72 top-tier accounting journal articles analyzes how external drivers (regulatory, market) shape firm-level ESG initiatives and their impact on financial and non-financial performance. Applying institutional logics…

T. Hildenbrand, A. Röser, Alexander Zureck

This study analyzes the impact of ESG ratings (Bloomberg Disclosure Score and Morningstar Sustainalytics Score) on systematic and unsystematic risk for STOXX Europe 600 companies from 2017-2022. Using panel regression, it finds that the rel…

Supandi Dedi, Nurhaliza Nurhaliza, Fiarani Mesil +1

This study analyzes the effect of ESG disclosure on firm value in mining subsector companies listed on the Indonesia Stock Exchange (IDX). Using data from 2022-2025, it finds that ESG disclosure has no significant negative effect on firm va…

Kudakwashe Munyepwa, Liberty D. Mudzengerere, Pauline Machaka Charity Ranganai +1

This empirical study examines how ESG disclosure practices affect firm valuation and capital costs across different industries. Findings suggest that higher disclosure quality reduces cost of capital and increases firm valuation, with indus…

E. Shodiev

This paper proposes a new methodological approach integrating ESG factors with green financial analysis to assess corporate financial sustainability.

Ioannis Kalialakis, A. Kostas, Vasilios Zoumpoulidis +3

This study examines governance pillar characteristics of 68 firms listed on the Athens Stock Exchange ESG Index (2021-2023). It evaluates board size, independence, gender diversity, CEO duality, and audit disclosure. Findings show selective…

Enas Kamal Khaled Abu Farha, Lana K. Abu Farha, M. Omoush +2

This integrative review synthesizes literature on sustainable finance and responsible investment, highlighting the role of corporate governance (board diversity, audit committees) and ethical decision-making. It finds that ESG integration a…

Capt Yashodhan Mahajan, Yashodhan Mahajan

This paper explores how management accounting practices influence SDG performance and reporting. It focuses on the link between quantifying sustainability and internal management control.

Issam Benhayoun

This paper examines the effects of institutional pressures (regulatory, normative, mimetic) and organizational capital on SMEs' readiness for sustainability reporting. Empirical findings show that organizational capital enhances readiness, …

Ben Carr

This chapter presents amendments to the Solvency II directive regarding insurers' sustainability reporting and sustainability risk integration, covering risk management, ORSA, SFCR, and the prudent person principle. It contextualizes these …

Pramendra Singh Tank, William Ocasio, Sumit Chakraborty

This paper analyzes heterogeneous ESG disclosure responses to the COVID-19 pandemic, focusing on community logic and family firms. It examines differences in disclosure behavior between family and non-family firms and the influence of local…

LIU NA, Wan Nordin Wan‐Hussin, Chin Sok Fun

This study examines the effect of ESG-linked executive compensation on corporate carbon disclosure, with a focus on the moderating role of CEO masculinity. Empirical analysis reveals how compensation structure and CEO characteristics intera…

Junghyun Mah, Y S Li, Chi‐Nien Chung

This study empirically examines the relationship between female CEOs and uncertified ESG disclosure in family firms. It finds that female CEOs tend to disclose more uncertified ESG information, suggesting symbolic commitment rather than sub…

Youde Yang, Bakr Al-Gamrh, Fei Jinhua +1

This study examines how competitor transparency in ESG reporting disciplines firms' own disclosure behavior. It suggests that higher competitor transparency promotes better ESG disclosure. Empirical analysis reveals the mechanism through wh…

Aseel Haidar, Oliver Hanna, Mariella Korkomaz

This study examines the association between digital capability (intangible asset intensity) and ESG disclosure with bank profitability in Lebanon. Analyzing five banks from 2022-2024, it finds no significant short-term relationship between …

Yi Liu, Wenli Xia

This paper analyzes the relationship between ESG rating divergence (disagreement among rating agencies) and corporate environmental information disclosure quality. It specifically examines the moderating role of investor attention. The stud…

Rapheal Olufemi Ajayi, Mercy Okafor, Akwasi Acheampong +3

This study examines the relationship between environmental accounting disclosure and financial performance of 25 listed manufacturing firms in Nigeria from 2018 to 2023. Using panel data analysis, it finds that environmental disclosure inde…

Rania Muadah, Abdul Rohman

This study examines the effect of ESG disclosure on firm value, with competitive advantage as a moderator, using firms listed on the ESG Quality 45 KEHATI Index of the Indonesia Stock Exchange from 2021-2024. Results show that ESG disclosur…