This document contains a summary of 20 academic articles related to ESG and firm performance. It lists the article title, authors, year of publication, methodology used, and variables analyzed for each study. The articles were published between 2019 and 2023 and used various quantitative research methods like regression analysis, descriptive statistics, and data envelopment analysis to examine the relationship between ESG factors and corporate performance metrics like return on assets, return on equity, and Tobin's Q.
This document contains a summary of 20 academic articles related to ESG and firm performance. It lists the article title, authors, year of publication, methodology used, and variables analyzed for each study. The articles were published between 2019 and 2023 and used various quantitative research methods like regression analysis, descriptive statistics, and data envelopment analysis to examine the relationship between ESG factors and corporate performance metrics like return on assets, return on equity, and Tobin's Q.
This document contains a summary of 20 academic articles related to ESG and firm performance. It lists the article title, authors, year of publication, methodology used, and variables analyzed for each study. The articles were published between 2019 and 2023 and used various quantitative research methods like regression analysis, descriptive statistics, and data envelopment analysis to examine the relationship between ESG factors and corporate performance metrics like return on assets, return on equity, and Tobin's Q.
# Article Title Author(s) Year Methodology Variables
Accounting for ‘ESG’ under Disruptions: A Systematic Maurizio 1 Literature Network Analysis Comoli 2023 SLNA research approach CSA Impact of Sustainability Reporting and the methodology focuses on the Inadequate construction of Management of ESG Factors on Corporate Camelia multifactorial linear regressions 2 Performance and Sustainable Growth Oprean-Stan 2020 using the SPSS program ROA Does ESG Disclosure Influence Firm Performance? Mirella 3 Ciaburri 2022 Sample and Data source EBIT and ROA Luk Luk Fuadah
The Ownership Structure, and the Mukhtaruddin
Environmental, Social, and Mukhtaruddin Governance (ESG) Disclosure, Firm Isni Andriana Value and Firm Performance: The Audit Committee as Anton Arisman Sample Selection and Data 4 Moderating Variable 2022 Source Leverage L Chen, T Yuan, RJ Fulfillment of ESG responsibilities and Cebula, W firm performance: a zero-sum game or Shuangjin, M Sample Selection and Data 5 mutually beneficial Foley 2021 Source ROA ESG and firm performance: Focusing on the environmental strategy 6 Y.Cho 2022 Sample and Data source ROA The effect of ESG performance on tax 7 avoidance—Evidence from Korea B Yoon 2021 Descriptive Statistics ROA A Baratta, A Cimino, F The impact of ESG practices in industry Longo, V with a focus on carbon emissions: Solina, S 8 Insights and future perspectives Verteramo 2023 Literature review methadology ROA Analysis of the relationship between corporate CSR investment and business performance using ESG index NMF_mm multiplicative update 9 —The use-case of Korean companies J Yun, J Lee 2022 method ROA ESG and Corporate Performance: Evidence from Agriculture and L Zeng, X 10 Forestry Listed Companies Jiang 2023 Empirical Model Setting ROA and ROE Does good ESG lead to better financial performances by firms? Machine C De Lucia, P learning and logistic regression models Pazienza, M 11 of public enterprises in Europe Bartlett 2020 Support Vector Regression ROA and ROE ESG disclosure and Firm performance: 12 A bibliometric and meta analysis MA Khan 2022 bibliometric and meta analysis ROA Maximizing ESG practices on firm performance evidence from 45 mining D Purwitasari, 13 companies listed on IDX S Sumardi 2023 Sample and Data source Company performace Influence of ESGC indicators on financial performance of listed travel and leisure M Rodríguez- parametric and nonparametric 14 companies Fernández 2019 statistical tests ROA The effects of ESG combined score on TN Pham, PP business performance of enterprises Tran, MH Le, Data Envelopment Analysis 15 in the transportation industry HN Vo 2022 ROA and Tobin’s Q 16 Does ESG Performance Affect Firm X Yu, K Xiao 2022 ESG Quantitative Scoring ROA and Tobin’s Q Value? Evidence from a New ESG- Scoring Approach for Chinese Enterprises Influence of ESGC indicators on financial performance of listed pharmaceutical Descriptive Analysis AA López- 17 companies Toro 2021 ROA and Tobin’s Q Exploring the Impact of ESG on Firm Performance: Empirical Evidence for S Hult, A 18 the European Real Estate Sector Touati 2022 Quantiative and Data sources ROA, ROE and Tobin's Q Environmental, social, governance activities and firm performance: Sample Selection and Data 19 Evidence from China L Ruan, H Liu 2021 Sources ROA ESG and financial performance: impact of environmental, social, and A Aybars, L governance issues on corporate Ataünal, AO Sample selection and Data 20 performance Gürbüz 2019 sources ROA, Tobin's Q