GX & Decarbonization Research

А.П. Марзаев

This paper analyzes the ESG strategies of Russian gold mining companies Polyus and Polymetal and their impact on sustainable regional development. It finds that both companies act as systemic entities in regional economies, compensating for…

Chen Xu, Batkhuyag Ganbaatar

This study examines the impact of intelligent manufacturing on ESG performance for Chinese A-share listed companies (2015-2023) using two-way fixed-effects panel regression, PSM-DID, and System GMM. It finds that intelligent manufacturing s…

Abdulla Alnahdi, Ahmed Aljefri, Hazaa Altahboush +3

This study empirically demonstrates that ESG risk is negatively correlated with valuation multiples (P/E, P/B, EV/EBITDA) in the energy sector. Using Sustainalytics and Bloomberg data on 50 publicly traded energy companies, it finds that a …

Vasava Arjavbhai Ravisingbhai, Gandhi Jainishkumar Anilbhai, Dr. Shiji Prasannan

This study investigates ESG investment perception and adoption among Indian millennial and young investors. Survey results show rising awareness but moderate adoption, hindered by knowledge gaps and return concerns. Positive perception exis…

郭進泰 郭進泰, 黃三翁 黃三翁, 高秉毅 高秉毅

This study proposes an ESG-KPI-oriented selection model for condominium facility O&M outsourcing, using BWM and modified VIKOR. Based on expert interviews and a survey of 30 committee members, non-financial values such as innovation and rep…

Yatmoko Baroto, Igka Ulupui, E. Gurendrawati

Using a panel of 1,420 listed firms from Indonesia, Malaysia, and Singapore (2012-2023), this study employs FD-GMM and SYS-GMM to establish causality. It finds a positive ESG-ROE relationship and, counterintuitively, that firm size does not…

Jianfeng Zhang, Tiantian Qi

This study proposes an interpretable predictive model for ESG greenwashing in listed companies using XGBoost and SHAP, based on Chinese listed companies data from 2009-2022 with 16 input variables. The one-period-lagged model achieves 86.82…

A. Kaminskyi, M. Nehrey, N. Almeida +1

This study analyzes ESG subindices and K-ratio for 30 US DJIA firms from 2019-2024. ESG scores peaked in the COVID-19 onset year and showed upward trajectories, but no clear correlation was found between ESG performance and risk-return. ESG…

Redha Abd Al-Khadr Hammoud

This study examines the effect of accounting digitalization on environmental and social disclosure quality at an Iraqi university. A survey of 100 accounting faculty finds a very strong positive correlation (r=0.820), with data integration …

Xiaoqian Liu, Gazi Md. Nurul Islam, Xuelian Bai

This paper develops a credit evaluation system for new energy enterprises integrating big data (807 wind/solar plants, over 84 million photovoltaic and 570 million wind power records) with AI time-series modeling, game-theoretic weighting, …

Junlin He, Kok-Haur Ng, W. Lau +2

This paper examines the impact of ESG rating divergence on green total factor productivity (GTFP) for Chinese A-share listed firms from 2013 to 2022. The empirical results show a significant negative relationship, indicating that divergence…

Jing Li

This paper empirically examines the impact of environmental information disclosure on green finance development using Chinese A-share listed firms from 2008-2023. It constructs disclosure and green finance indices and finds that disclosure …

Niluh Komang Kusuma Yasari, H. Pratikto, Ery Tri Djatmika Rudijanto Wahju Wardhana

This study analyzes the effect of government regulatory compliance (PROPER scores) on financial performance (ROIC) with CSR and innovation as mediators in Indonesian consumer non-cyclicals firms. Results show compliance does not directly af…

Aulia Gandini, Endah Susilowati, Tantina Haryati

This study examines the effect of green manufacturing (proxied by electricity consumption) on environmental performance (PROPER ratings) and the mediating role of green supply chain among 35 Indonesian consumer non-cyclicals manufacturers (…

A. Fouad

This study examines how corporate governance mechanisms affect financial sustainability in Egyptian banks using a ten-year panel dataset. Findings show that transparency and risk management improve financial performance and ESG scores, whil…

Javier Nieves Almanza, Roberto Yoan Castillo Dieguez

This study analyzes the relationship between CSR (measured by ESG scores) and financial performance of Mexican listed firms from 2014-2024 using ANCOVA, random forest, and probit models. Results show a positive association with ROA and ROE,…

Arturo Garcia, Sang‐Ho Lee

This study examines the mediating role of sales in the relationship between environmental responsibility (ER) and financial performance (FP) using Korean ESG ratings (2019-2022). ER does not directly improve FP but indirectly through increa…

Yanlin Zheng

This study examines the marginal effect of corporate governance (G score) on bank financial performance using panel regression and random forest on Chinese listed banks (2009-2024). It finds a positive association with ROA and negative with…

Mayssa Zalila, Y. Makni, Anis Jarboui

This study examines the relationship between CSR and classification shifting (a form of earnings management) using a sample of 4,523 European firm-year observations from 2010-2022. The results show that firms with higher CSR scores exhibit …

Fitriyana Yana, Rosyid Nur Anggara Putra

This study analyzes the influence of tax avoidance and financial distress on firm value, and examines the moderating role of ESG, using a sample of non-financial companies listed on the Indonesia Stock Exchange from 2020-2024. Results show …