GX & Decarbonization Research

Samuel Ribeiro Navarrete, Nawazish Mirza, Monica Violeta Achim

This paper empirically analyzes the impact of sustainable reporting on ESG controversies in the European Union. It provides implications for the implementation of the CSRD.

Radhika Goel, Smita Kashiramka

This paper examines the nonlinear effects of FinTech adoption on ESG disclosure in emerging economies and finds that institutional heterogeneity moderates this relationship.

Nitin Jain

Using panel data from S&P 500 firms (2016-2022), this study finds a U-shaped relationship between ESG dispersion (imbalance across E, S, G pillars) and overall ESG disclosure intensity. Low or high dispersion increases disclosure, while mod…

Ahmed Alrashed, Abdulah Alsadan, Chokri Zehri

This study applies non-stationary panel econometrics to 479 S&P 500 firms (2010–2022) and finds a long-run cointegrating relationship between ESG disclosure and financial performance. A ten-point improvement in ESG disclosure is permanently…

Xin Huangfu

Using S&P 500 panel data (2015-2023), this study shows that independent director network centrality positively affects ESG disclosure quality. The effect is stronger in competitive industries and firms with high media attention, and more pr…

(著者不明)

This paper examines the impact of ESG disclosure under India's BRSR framework on financial performance of listed companies. Using empirical methods, it finds a positive association between ESG disclosure quality and profitability as well as…

Md Yousuf Ali

This paper examines how CEO role duality (e.g., CEO as board chair) affects the transparency of ESG disclosure. Stronger structural CEO power may lead to lower disclosure quality. It sheds light on the link between governance structure and …

ANDREEA-ROXANA CROCNAN

This paper examines the relationship between financial performance and ESG disclosure among 300 Italian-owned firms in Romania. Using logistic regression and Bayesian estimation, it finds a U-shaped relationship: both poorly performing and …

Sheen Kachen, Sıddık Bozkurt, David Gligor +3

This paper analyzes the difference between virtue signaling and authentic ESG reporting for stakeholder engagement, emphasizing the importance of transparency and credibility in corporate sustainability disclosures.

Kajal Batra, Gurvinder Singh, Vansh Bathla +1

This study uses wavelet methods to investigate convergence among Islamic indices, ESG benchmarks, and green/Islamic cryptocurrencies from 2021-2025. Islamic and ESG indices show strong persistent convergence, acting as an integrated block o…

Lujia Ma, Shuaihe Zhuo

This study examines the impact of environmental regulation on green innovation, highlighting the moderating roles of green finance and executive green perception. Empirical analysis reveals how policy and financial mechanisms jointly drive …

Massimo Filippini, Markus Leippold, Tobias Wekhof

This study examines how sustainable finance literacy affects investment decisions. Findings suggest that higher literacy leads to greater incorporation of ESG criteria.

Nanyan Dong, Jingyi Sun, Sicheng Luo +1

This study empirically examines the impact of mandatory ESG disclosure on labor share using evidence from China. It finds that mandatory disclosure requirements can increase labor share, suggesting that ESG transparency promotes fairer labo…

Zhongyi Xiao, Ruoxi Ren, Huan Peng +1

This paper demonstrates that diversity within audit committees acts as a catalyst for higher quality corporate ESG disclosure. Diverse audit committees promote more comprehensive and transparent ESG reporting, benefiting investors and stake…

Hany Elbardan, Benjamin Awuah, Renata Konadu

This study investigates whether climate-linked executive compensation contracts improve corporate carbon performance. Using firm-level emissions data, we find that climate contracting leads to significant reductions in Scope 1 emissions, pa…

Elena Fedorova, Svetlana Ledyaeva, Elena Meshkova +2

This study examines how cultural factors influence ESG disclosure practices and their impact on bank performance across different continents. Findings suggest that cultural dimensions like individualism and uncertainty avoidance moderate th…

Taoufik Elkemali

Using 12,025 European firm-year observations, this study finds that R&D intensity positively influences ESG disclosure, with board independence strengthening this link. It highlights innovation-related informational frictions as a key deter…

Zhao Zhang, Bing Zhang, Jiyuan You +2

This paper empirically examines the relationship between ESG disclosure quantity and firm value, finding that more disclosure is not always beneficial. It suggests that excessive disclosure may impose information costs and noise, highlighti…

Katherine Helen Aurora, Suci Normala, Riana Sari +3

This study examines the strategic link between integrated sustainability reporting (ISR) and financial performance in emerging markets. Using 448 data points from five countries and structural equation modeling, it finds that ESG disclosure…

Bianchi M. T., Cicchini D., Principale S.

This study examines the impact of publishing sustainability plans on firm performance and decoupling (gap between reported and actual outcomes) using panel regression on 990 European NFRD firms from 2018-2022. Results show that adopting a s…