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-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…
Peer-reviewed🇪🇺 EuropeJournalMeasuring Business Excellence2026#ESGDOI
Assessing resilience in banking: the influence of ESG on credit risk during economic crises
Lavinia Conca, Pierluigi Toma, C. Colamartino +1
This study explores the link between financial crises and sustainability in banking, examining whether ESG disclosure reduces credit risk measured by non-performing loans (NPLs). Using panel regression on 192 listed EU banks from 2009-2019,…
Peer-reviewedJournalAccounting, Finance and Computational Intelligence2026#ESGDOI
Integrated Credit Validation Modeling with ESG: Incorporating Climate Risk and Sustainability Indicators in Credit Rating
Mohammad Qezelbash, Mohammad Mehdi Bagheri
This study develops an integrated credit validation model incorporating ESG and climate risk, using panel data from 165 Tehran Stock Exchange firms (2015-2023). Fixed-effects GLS regressions show ESG positively affects credit ratings, clima…
Peer-reviewedJournalJurnal Akuntansi Kompetif2026#ESGDOI
EFEK MODERASI TIPE INDUSTRI DALAM HUBUNGAN ESG DISCLOSURE TERHADAP FIRM VALUE: STUDI EMPIRIS PADA PERUSAHAAN YANG TERDAFTAR DI BEI
Febria Agatha Br Sembiring
This study examines the effect of ESG disclosure on firm value and the moderating role of industry type using panel data from Indonesian listed companies (2020-2024). Results show no significant effect of ESG disclosure on firm value, and i…
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…
