GX Research Hub · English
GX & Decarbonization Research
This page provides an English interface to the gxceed GX paper corpus. The corpus aggregates papers from 14 contributing scholarly metadata sources and uses AI-assisted classification to identify signals related to measurement, policy narratives, outcomes, implementation, industrial adoption, and verification.
The goal is not only to discover papers, but to observe how GX research is distributed across research substance, implementation narratives, external expectations, implementation substance, and judgment formation.
Summaries are AI-assisted. Always refer to the original paper for authoritative conclusions.
Peer-reviewed🌍 GlobalJournalAmerican Impact Review2026#ESGDOI
Do Sovereign ESG Indicators Improve Portfolio Resilience in Emerging and Developing Markets? Evidence from Open Financial and ESG Data
Maria Azatyan
This paper tests whether sovereign ESG indicators are associated with equity-market resilience in emerging and developing economies using a transparent, open-data framework covering 1996-2024. Descriptive evidence suggests governance indica…
Peer-reviewedJournalEnvironmental Economics2026#ESGDOI
ESG implementation and its effect on financial performance: Focusing on sustainable financial strategies of green companies in Indonesia
Shafitranata, Liza Alvia, Rahmawati Azizah
This study examines the effect of ESG reporting on financial performance of 85 green companies in Indonesia from 2020 to 2024. Governance scores are positively associated with ROA, while environmental and social scores show no significant e…
Peer-reviewedCNJournalSocial Science Research Network2026#ESGDOI
A Matching Policy to Address ESG and Non-ESG Risks Impacted by a Relocation Policy in China's Chemical Industry
Xudong Ren, Khanh Linh Dong, Jackson Ewing +2
This paper analyzes ESG and non-ESG risks arising from China's national relocation policy for the chemical industry, including carbon leakage, pollution transfer, and stranded assets. It proposes an ESG matching policy with a standardized s…
Peer-reviewedJournalGlobal Business Review2026#ESGDOI
ESG and Firm Performance: Non-linear Dynamics and Bidirectional Causality in Pharmaceutical Industry
Jayasree Mangalagiri, Malla Praveen Bhasa, V. Parvathi
This study examines the bidirectional ESG–firm performance relationship using a cross-lagged panel model of 255 global pharmaceutical firms. Lagged ESG positively influences accounting-based metrics (ROA, ROIC) but market valuation (Tobin's…
Peer-reviewedJournalECONOMIC Series of the Bulletin of the L.N. Gumilyov ENU2026#ESGDOI
The Impact of ESG Factors on the Financial Stability of Companies
Zh. Zinetullina, А. Nurgalieva
This study tests the hypothesis that companies with high ESG ratings are less susceptible to bankruptcy risk using Z-score and modified Altman models. It integrates ESG factors into traditional financial stability analysis, suggesting that …
Peer-reviewedJournalDigest Finance2026#ESGDOI
CONSIDERING ESG FACTORS WHEN ASSESSING THE FINANCIAL CONDITION OF COUNTERPARTIES IN A SHRINKING MARKET AND COST ESCALATION
L. Pashtova, Veronika D. Mironova, Vera E. Ivashchenko
This paper examines the integration of ESG factors into financial condition assessment of counterparties in the Russian retail sector. It argues that ESG analysis expands traditional financial monitoring by adding predictive and qualitative…
Peer-reviewedJournalJournal Markcount Finance2026#ESGDOI
ESG INVESTING: IMPACT ON CORPORATE BEHAVIOR AND FINANCIAL PERFORMANCE
Khalil Zaman, Juliana Kadang, Amir Raza
This qualitative study examines how ESG investing influences corporate behavior and financial performance using secondary data. Findings indicate that ESG pressures encourage transparency, better governance, and sustainable strategies. The …
Peer-reviewedJournalEksis: Jurnal Riset Ekonomi dan Bisnis2026#ESGDOI
FINANCIAL PERFORMANCE AND ESG SCORES IN MINING-INDUSTRIAL FIRMS DURING COVID-19
Diky Paramitha, E. Riyani, Kan Wen Huey
This study examines the relationship between financial performance (ROA, DER, CR) and ESG scores for 10 Indonesian mining and industrial firms during 2020-2021. Using random effect regression, it finds no significant effects, suggesting tha…
Peer-reviewedJournalFuture Business Journal2026#ESGDOI
Do board characteristics moderate the relationship between ESG and financial performance? Evidence from African listed companies
Hayam Wahba, Heba B. Hathout
This study examines how board characteristics moderate the ESG-financial performance relationship for 147 non-financial listed African companies from 2019-2023. Using the ESGC score, it finds a positive ESG-performance link, strengthened by…
Peer-reviewedJournalJournal of Business, Social and Technology2026#ESGDOI
The Effect of ESG Risk Rating on Corporate Profitability: The Role of Firm Size and Leverage as Moderating Variables
Syurmita Syurmita, Syahfitri Suryaningsi Welkom, Khansa Chikita Rayesha
This study examines the effect of Sustainalytics ESG Risk Ratings on profitability (Net Profit Margin) for 76 Indonesian listed firms. ESG risk negatively impacts profitability, but firm size moderates this effect positively, while leverage…
Peer-reviewed🇪🇺 EuropeJournalSustainability2026#ESGDOI
The Impact of ESG on Firm Financial Performance: Empirical Evidence from Companies in the UK FTSE350
George Giannopoulos, H. Vu, F. Mahmood +2
This study examines the ESG-financial performance link using FTSE350 firms from 2020-2024, employing panel regression on LSEG disclosure scores. Results are mixed: a significant positive relationship with ROA but not with ROE, suggesting ES…
Peer-reviewedCNJournalScientific Journal of Economics and Management Research2026#ESGDOI
How Financial Performance Shapes Corporate ESG Performance under China's "Dual Carbon" Agenda: Mechanisms and Heterogeneity
Xinran Gao
This study uses panel data of Chinese A-share listed companies (2011-2022) to examine the positive relationship between financial performance (ROA) and ESG ratings under China's dual carbon policy. The effect is weaker for firms with longer…
Peer-reviewedJournalJRAK2026#ESGDOI
PROFITABILITY IMPLICATIONS OF ESG CONTROVERSY MANAGEMENT UNDER FINANCIAL OPACITY IN INDONESIA
P. Sastroredjo, T. Suganda, D. Halim
This study examines the impact of ESG controversy management (ESGC score) on profitability for Indonesian listed firms from 2011-2023. Using fixed effects, entropy balancing, and propensity score matching, it finds that effective ESGC impro…
Peer-reviewed🌍 GlobalJournalSustainability2026#ESGDOI
The ESG Tipping Point: Nonlinear Effects and Thresholds in ESG Scores and Financial Performance of Selected African Firms
Sami Ben Mim, Nawres Jellib, F. Mabrouk
Using panel data of 173 African firms from 2010-2022, this study reveals asymmetric nonlinear effects of ESG dimensions on financial performance. Environmental and governance scores only improve ROA beyond certain thresholds, while social s…
Peer-reviewedJournalOIDA International Journal of Sustainable Development2026#ESGDOI
Evaluating the Role of ESG Scores in Shaping Financial Performance of Listed Companies in India
Jayashankar N, R. Shashidhar, P. Paramashivaiah +1
This study examines the correlation between ESG scores and ROA for 34 companies listed on the BSE 500 index in India using 2021 data. Regression analysis reveals a statistically significant negative relationship, suggesting that ESG investm…
Peer-reviewedJournalJURNAL ILMIAH GLOBAL EDUCATION2026#ESGDOI
The Effect of ESG (Environmental, Social, Governance) Disclosure on Audit Quality with Firm Size and Industry Complexity as Moderating Variables (An Empirical Study on Manufacturing Companies Listed On the IDX in 2020–2024)
Marsel Pasaribu, Ricky Agusiady, Fitriana Fitriana
This study analyzes the effect of ESG disclosure on audit quality for manufacturing firms listed on the Indonesia Stock Exchange. It finds that environmental disclosure has no effect, while social and governance disclosures negatively affec…
Peer-reviewedCNJournalEnvironment, Innovation and Management2026#ESGDOI
ESG Disclosure and Cross-Border Investment: How US ESG Disclosure Policy Shapes Chinese Firms’ Investment Strategy
Ao Zan, Xuge Zhang, Nina Xie
This study examines how US ESG disclosure policy affects Chinese firms' outward foreign direct investment in the US (OFDI_US). Using the US Department of Labor's Interpretive Bulletin 2016-01 as a quasi-natural experiment and data from Chin…
Peer-reviewed🇺🇸 USAJournalSustainable Development2026#ESGDOI
Can One Desire Too Much of a Good Thing? Nonlinear Effects of
ESG
Disclosure on Firm Performance
Neji Al‐Eid Omri, Hassan Guenichi
Using a panel smooth transition regression on 500 U.S. firms from 2005-2022, this study finds a nonlinear ESG-performance relationship with a threshold at ESG score 70.10: positive below, negative above. Environmental and social pillars als…
Peer-reviewedJournalActa Scientiarum Polonorum Administratio Locorum2026#ESGDOI
The relationship between non-financial factors and technological innovation expenditures (CAPEXtech) and the level of technological innovation (TI Index) in logistics companies. Panel analysis for international markets
Monika Wodnicka, Agata Gniadkowska-Szymańska
This paper empirically examines the impact of ESG factors on technological innovation expenditures (CAPEXtech) and the technological innovation index (TI Index) in logistics companies across Europe, Asia-Pacific, and North America from 2017…
Peer-reviewedJournalRIGGS: Journal of Artificial Intelligence and Digital Business2026#ESGDOI
ESG Disclosure: Financial Performance Improvement or Risk-Taking Behavior?
Andi Adelia Dwi Fitriyani, Marvin Franko, M. Mukhtaruddin
This review of 20 peer-reviewed studies (2020-2026) examines the dual impact of ESG disclosure on financial performance. Findings show that high-quality disclosure can reduce cost of capital and attract ESG-focused investment, but also intr…