A literature review on the difference between CSR and ESG

Kaźmierczak, Magdalena

doi:10.29119/1641-3466.2022.162.16

Cited by 8 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…To retrieve the relevant literature in this field, the following keywords were used: (environmental AND social AND governance AND disclosure OR ESG AND disclosure OR corporate AND social AND responsibility AND disclosure OR CSR AND disclosure OR reporting OR sustainability AND disclosure AND "firm value*"). The keywords "ESG" and "CSR" were considered synonyms, as both terms are usually included in relevant research [49][50][51]. According to Christensen et al [52], the definitions of ESG/CSR and sustainability are very similar, with ESG and sustainability often being expressed by the term CSR.…”

Section: Methodsmentioning

confidence: 99%

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Cai,

Hazaea,

Hael

et al. 2024

Sustainability

View full text Add to dashboard Cite

Increased interest in sustainability and related issues has led to the development of disclosed corporate information on environmental, social, and governance (ESG) issues. Additionally, questions have arisen about whether these disclosures affect the firm’s value. Therefore, we conducted a bibliometric analysis coupled with a systematic literature review (SLR) of the current literature in the Scopus database from 2001 to 2023. We utilized VOS viewer, Site Space, and R Studio tools for this analysis. Our findings indicate that the relationship between ESG disclosures and the firm’s value has different effects and that disclosure impacts through various channels, such as increasing stakeholder trust. Moreover, the keyword analysis results before and after 2015 demonstrate significant advancement in the utilization of a theoretical foundation in the literature. Furthermore, China (Country), “Universidad de Salamanca” (University), “Uyar, Ali and García-Sánchez, Isabel-María” (Authors), and “Sustainability” and “Corporate Social Responsibility and Environmental Management” (Journals) were the most contributing and influential in this field. On the other hand, the results revealed six thematic clusters: society, sustainable development, ESG, organization, innovation, and stakeholders. We found promising research paths and emerging themes through content analysis of these clusters, such as sustainability assurance, green innovation, and sustainable development goals (SDGs). This review concludes by providing a roadmap that includes emerging lines of research that can be explored in depth in future studies to promote better and more comprehensive integration to achieve sustainability and maximize firm value.

show abstract

Section: Methodsmentioning

confidence: 99%

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Cai,

Hazaea,

Hael

et al. 2024

Sustainability

View full text Add to dashboard Cite

show abstract

“…The rising importance of business information on sustainable development induces companies to become increasingly interested in developing and publishing non-financial effects of their activities in the form of ESG (Environment, Social responsibility, corporate Governance) indicators. ESG factors are a set of non-financial performance indicators intended to ensure the responsibility of the organisation and may be subject to assessment by investors and other stakeholders (Kaźmierczak, 2022). ESG refers to the way in which corporations and investors integrate environmental, social and governance issues in their business, which means that ESG explicitly covers issues related to the governance of an organisation (Gilan et al, 2021).…”

Section: An Overview Of the Literaturementioning

confidence: 99%

Possibility of using EMAS environmental reporting requirements for ESG reporting in selected automotive corporations

Kamińska-Witkowska,

Matuszak-Flejszman

2023

EiS

View full text Add to dashboard Cite

The lack of uniform guidelines on how ESG measures are calculated leads to a lack of transparency and problems while comparing them over time and between different entities. It can be noted that EMAS, may help in the implementation of ESG reporting. The aim of the article is to analyse the possibility of using environmental reporting required under Regulation in the field of ESG reporting and to indicate the possibilities of using existing solutions to ensure comparability of results between individual areas regarding environmental impact and organisations. This article presents the latest guidelines in the field of sustainability reporting, assesses the possibility of using the existing reporting under EMAS to report environmental indicators, and presents the current approach of selected automotive concerns to ESG reporting. The article contributes to the utilisation of existing reporting systems in order not to impose an excessive administrative burden on enterprises and to maximise synergies.

show abstract

Trick or treat? A bibliometric literature review of corporate social responsibility and earnings management

Deng,

Ong,

Senik

2024

Corp Soc Responsibility Env

View full text Add to dashboard Cite

Research QuestionThis study seeks to examine and synthesize the extant literature to summarize whether the essence of corporate social responsibility (CSR) genuinely stems from an authentic social commitment, or if it primarily serves as a tactic to obscure earnings management (EM) practices.Research MethodologyA systematic literature review methodology is employed to thoroughly assess 75 articles selected from the Web of Science and Scopus databases, integrating bibliometric techniques, and following the Preferred Reporting Items for Systematic Reviews and Meta‐Analyses (PRISMA) guidelines.Research FindingsAmid evolving economic and social landscapes, the research of the CSR‐EM relationship increases, particularly in Asian contexts. Further research found that ESG (environmental, social, and governance) was gradually introduced into the theoretical framework of CSR‐EM. However, most of the research does not study the impact of the three dimensions of ESG, respectively. The study concludes the four varied CSR‐EM relationships: positive, negative, mixed (depending on EM type), and no correlation, and suggests that this should be determined by both macro (e.g., political and economic environment) and micro determinants (e.g., industries and governance). Therefore, the CSR‐EM relationship cannot be simply generalized. At present, most studies study CSR as a whole, and some literature uses CSR disclosure and performance to measure CSR respectively. However, distinctions between CSR disclosure and performance, namely CSR decoupling, remain underexplored.Theoretical and Practical ImplicationsThis review synthesizes four key findings and summarizes seven relevant theories from existing literature, thus enriching the theoretical contributions of CSR‐EM research. It underscores the significance of both macro and micro factors on the CSR‐EM relationship, introduces the concept of CSR decoupling, and outlines directions for future studies. The review offers insights for policymakers on CSR‐EM dynamics and suggests strategies for companies to enhance CSR practices and reporting consistency.

show abstract

A literature review on the difference between CSR and ESG

Cited by 8 publications

References 0 publications

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Mapping the Landscape of the Literature on Environmental, Social, Governance Disclosure and Firm Value: A Bibliometric Analysis and Systematic Review

Possibility of using EMAS environmental reporting requirements for ESG reporting in selected automotive corporations

Trick or treat? A bibliometric literature review of corporate social responsibility and earnings management

Contact Info

Product

Resources

About