The relationship between ESG and financial performance: a review of research in Latin America and worldwide
by Márcio Marcelo Belli; Fabyo Ajona Marciano Marques; Lia Picoli; Pedro Henrique de Oliveira Santos
Latin American J. of Management for Sustainable Development (LAJMSD), Vol. 6, No. 1, 2023

Abstract: This study performs a bibliometric analysis and systematic review of articles published in Latin America and other regions from 2000 to 2022 that analysed the relationship between environmental social and governance (ESG) performance and corporate financial performance (CFP) of companies. The methodology involved the application of bibliometric procedures with the aid of VOSviewer software for the identification and analysis of the articles in the SCOPUS and EBSCO databases. The study sample considered articles made by authors from Latin America, Europe, North America, Oceania and South Africa. The analyses showed that most studies on the subject in Latin America are from Brazil and those from other regions are concentrated in the USA. In addition, it was noted that the stakeholder theory was the most used theory in the analysed works. One of the main findings of the research is related to ESG and CFP metrics; there is a difference between Latin American papers and those from global regions. Despite the limitations, we consider that the research problem was answered in a satisfactory manner, making the results relevant.

Online publication date: Tue, 18-Jul-2023

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the Latin American J. of Management for Sustainable Development (LAJMSD):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com