Title: Environmental disclosure and firm performance: current state and future avenues

Authors: Rubina Michela Galeotti; Daniela Cicchini; Fabiana Roberto

Addresses: Department of Business Studies, Roma Tre University, Via Silvio D'Amico, 77, 00145, Rome (RM), Italy ' Department of Law and Economics of Production Activities, Sapienza University of Rome, Via del Castro Laurenziano, 9, 00161, Rome (RM), Italy ' Department of Economics, Management, Institution, University of Naples Federico II, Street Cintia N. 21, Campus 'Monte Sant'Angelo', 80126, Naples (NA), Italy

Abstract: This study aims to review the literature on environmental disclosure and firm performance in order to show current trends, challenges, and avenues for future research. We attempted a systematic and structured literature review of 67 studies published in 2001-2023 using the accounting journal in the Chartered Accounting Business School (CABS) ranking. The analysis revealed three main research streams: 1) firm performance, CSR and sustainability; 2) accounting and environmental disclosure; 3) board of directors and decision-making process in the field environment and firm performance. The relevance of this literature review is due to understanding the state of the art between environmental disclosure and firm performance. Through our work, we highlight the current and future issues in the firm performance and environmental disclosure. This paper supports future research and it is directed to academics, practitioners, policy makers and decision makers.

Keywords: environmental disclosure; firm performance; accounting; sustainability.

DOI: 10.1504/IJADS.2025.144778

International Journal of Applied Decision Sciences, 2025 Vol.18 No.2, pp.137 - 167

Received: 22 Mar 2023
Accepted: 26 Jul 2023
Published online: 03 Mar 2025 *

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