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🇺🇸 USAJournalOperational Research2026#ESGDOI
Exploring the trade-offs between environmentally oriented policies and financial performance in U.S. banks: non-linear and heterogeneous effects
K. Kapetanakis, Christos Floros
This study examines the relationship between U.S. commercial banks' environmental performance (ESG Environmental Pillar score) and profitability (ROE) from 2005 to 2024 using a sample of 72 banks. Integrating linear, nonlinear, and distribu…
Peer-reviewed🌍 GlobalJournalJournal of Corporate Finance Research / Корпоративные Финансы | ISSN: 2073-04382026#ESGDOI
A Review of Recent Developments in ESG and Corporate Finance
Dongxing Jia, Ting-Ya Yang, Kai Wu
This review synthesizes ESG and corporate finance literature using a Value vs Values framework, finding that ESG's primary financial benefit is risk mitigation not alpha, while mandatory disclosure and stakeholder pressure are driving real …
Peer-reviewedJournalInvestment Management & Financial Innovations2026#ESGDOI
Do ESG practices enhance stock returns through firm fundamentals? Evidence from Indonesia
Tilawatil Ciseta Yoda, Tafdil Husni, Elvira Luthan +1
This study examines how ESG performance affects stock returns using data from Indonesian non-financial firms (2014-2023). ESG does not directly boost returns, but improves total factor productivity and ROA, which in turn enhance stock retur…
Peer-reviewedCNJournalInternational Theory and Practice in Humanities and Social Sciences2026#ESGDOI
Impact of Digital Finance on Environmental, Social and Governance (ESG) Performance of Chinese Listed Firms: The Mediating Role of Corporate Digital Transformation
Songyang Wu, R. Hashim
This study empirically examines the impact of digital finance on ESG performance of Chinese listed firms, using panel data from 2012-2022. It finds that digital finance significantly improves ESG performance, with corporate digital transfor…
Peer-reviewedJournalJournal of Accounting in Emerging Economies2026#ESGDOI
How intellectual capital transmits ESG benefits? A moderated mediation analysis of audit quality in ASEAN firms
Thi Hanh Dung Truong, Thanh Thuy Ngoc Tran, Thi Hong Minh Ho +5
This study examines the mediating role of intellectual capital in the ESG disclosure-financial performance relationship and the moderated mediation of audit quality, using panel data from 590 ASEAN listed firms (2014-2023). Results show ESG…
Peer-reviewedJournalJurnal ekonomi akuntansi dan manajemen2026#ESGDOI
Pengaruh Pengungkapan ESG terhadap Nilai Perusahaan dengan Komite Audit Independen sebagai Variabel Moderasi di Indonesia Perusahaan Publik Nonkeuangan
Urmila Amelia, Syarifah Zuhra, Muhammad Wafiq
This study examines the effect of ESG disclosure on firm value for 72 non-financial Indonesian listed firms over three years. ESG disclosure alone does not significantly affect firm value, but its interaction with an independent audit commi…
Peer-reviewedJournalECONOMICS, FINANCE AND MANAGEMENT REVIEW2026#ESGDOI
The Impact and Process of the ESG Peer Effect on Heavy-Polluting Companies' Green Innovation. Case of companies in the United Kingdom
Adel Necib, Mohamed Haddad Ben Mabrouk, Anis Jarboui
This study examines how the ESG peer effect influences green innovation in UK heavy-polluting firms. Using data from 2018-2024, it finds that higher average ESG scores among industry peers significantly increase target firms' green patent a…
Peer-reviewedJournalMathematical Modeling and Algorithm Application2026#ESGDOI
The Pathways Through Corporate Governance Mechanisms Influence Corporate ESG Performance
Ning Chen
This paper systematically examines theoretical pathways through which corporate governance influences ESG performance. Drawing on stakeholder theory and resource dependence theory, it analyzes direct pathways via equity structure, board gov…
Peer-reviewedJournalCEMERLANG : Jurnal Manajemen dan Ekonomi Bisnis2026#ESGDOI
Pengaruh Kinerja Keuangan, Keberagaman Gender, dan Environmental, Social, and Governance (ESG) terhadap Nilai Perusahaan
Ilham Apta Triswanda, Zaenal Abidin
This study examines the impact of financial performance (ROA, EPS, firm size), gender diversity, and ESG disclosure on firm value for Indonesian LQ45 index companies (2021-2024). Using panel data regression, it finds that ROA and gender div…
Peer-reviewedJournalJournal of Studies in Academic, Humanities, Research, and Innovation2026#ESGDOI
Does Size Still Matter? Reassessing The Roles Of Firm Scale, Leverage And ESG In Driving Corporate Performance
Ima Kristina Yulita, Irene Rini Demi Pengestuti
This study examines the moderating effects of leverage and firm size on the ESG-financial performance (ROE) relationship using a sample of 47 non-financial Indonesian firms from 2016-2023. Results show ESG has a significant negative effect …
Peer-reviewedJournalRevista Contabilidade & Finanças2026#ESGDOI
Sustainability pays: How ESG performance lowers the cost of debt in Brazil
A. B. Bortoluzzo, A. Minardi, Vinicius Francisco Samartin Botezelli
This study examines the relationship between ESG performance and cost of debt for Brazilian non-financial firms from 2014 to 2023. Using panel regressions, it finds that superior ESG performance is significantly associated with a lower cost…
Peer-reviewedCNJournalEnvironment and Social Psychology2026#ESGDOI
How Does ESG Performance Shape Firm Value through Stakeholder Cognition and Attention?Evidence from China’s A-Share Listed Firms
Zhi Ju, Byamba-Erdene Sukhbaatar, Minghui Li
This study examines how ESG performance affects firm value (Tobin's Q) through stakeholder cognition and attention, using data from Chinese A-share listed firms (2011-2024). Incorporating environmental psychology, it finds that ESG engageme…
Peer-reviewedCNJournalSustainability2026#ESGDOI
The Impact of ESG Strategies on Corporate Financial Performance: Empirical Evidence from China’s Automotive Industry
Yuqian Fan, Boyu Fang
This study examines the impact of ESG strategies on corporate financial performance in China's automotive industry using panel data from 2009 to 2024. Findings show a significant positive association between ESG scores and ROA, but not with…
Peer-reviewed🌍 GlobalJournalOeconomia Copernicana2026#ESGDOI
ESG performance and bank financial stability: Global evidence
Hussam Musa, Frederik Rech, Janka Grofčíková +1
Using a global panel of 688 banks across 84 countries (2013-2024), this paper examines the association between ESG performance and bank financial stability (Z-score). The composite ESG score shows a positive but economically negligible effe…
Peer-reviewed🇺🇸 USAJournalBusiness Ethics and Leadership2026#ESGDOI
Ethical Leadership and Financial Resilience: The Impact of ESG Performance on Corporate Financial Distress
Karim Soussou, Emna Hbaieb
Using a panel dataset of 70 large-cap US firms from 2018-2022, this study examines the impact of ESG performance on financial distress measured by Altman Z-score and Zmijewski score. OLS results show that higher ESG scores reduce the probab…
Peer-reviewed🇪🇺 EuropeJournalJournal of Risk and Financial Management2026#ESGDOI
ESG Practices and the Economic and Financial Performance of Energy Companies: A Multi-Method Analysis
Guido Migliaccio, Mirko Mozzillo
This paper analyzes the relationship between ESG ratings and financial performance for 59 European energy companies from 2014 to 2023 using correlation, OLS, and SEM. In SEM, ROE, ROA, and ROCE are modeled as reflective indicators of a late…
Peer-reviewedJournalWorld Journal of Advanced Research and Reviews2026#ESGDOI
Do ESG scores reflect financial performance? A confidence interval-based analysis of Nifty50 Companies
Guruansh Singh, Mr Sajan Mr Sajan
This paper statistically analyzes the relationship between ESG risk scores and financial performance (ROA, ROE) for Indian Nifty50 firms. Using confidence intervals and t-tests, it finds that firms with higher ESG risk (lower ESG compliance…
Peer-reviewed🌍 GlobalJournalInvestment Management & Financial Innovations2026#ESGDOI
Do ESG and SDG-9 innovations enhance financial performance? Empirical evidence from India’s Top 100 listed firms (2019–2023)
Manoj Panda, Yogesh Mahajan, Manohar Kapse +2
Using panel data from India's top 100 listed firms, this study examines the impact of ESG and SDG-9 innovations on firm value, profitability, and shareholder returns. ESG scores had no statistically significant effect, but SDG-9-aligned inn…
Peer-reviewedJournalChina Finance Review International2026#ESGDOI
Developing an ESG score for Tunisian banks: a quantile regression approach to assess its impact on financial performance with governance quality moderation
Fatma Ben Hamadou, O. Gharbi, M. Boujelbène
This study constructs a novel ESG score and corporate governance quality index specific to Tunisian banks using quantitative and qualitative data from annual reports and social media. Using quantile regression, it finds a significant negati…
Peer-reviewedJournalInternational Academic Journal of Science and Engineering2026#ESGDOI
Environmental, Social, and Governance (ESG) Performance and Firm Outcomes: Evidence from Financial and Operational Performance of Indian IT Firms
I. Usha, Dr.A. Thamotharan
This study analyzes panel data of leading Indian IT firms from 2020-2024, examining the relationship between ESG scores and financial/operational performance (ROA, ROE, Tobin's Q, asset turnover, operating margin). Firms with high ESG score…