<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The growing concern of all UN member states to respond to global challenges, such as ending poverty, developing the health and educational systems, economic growth, reducing the impact of climate change, and preserving oceans and forests, has made ESG disclosure a necessity for companies. This study intends to analyze the relationship between ESG disclosure and company’s performance. The overall company’s performance was evaluated based on the corporate sustainability performance (CSP) framework, namely economic, environmental, and social (EES) performance. A sample of 80 articles taken from the Web of Science and Scopus databases, published in 50 journals, and reporting 742 effects, was relevant to meta-analyses the correlation between ESG disclosure and company’s economic performance. The results support the positive correlation between ESG disclosure and company’s economic performance. ESG disclosure is for more than just transparently reporting relevant ESG information, but also contributes to the consolidation of better economic performance through the degree of efficiency and effectiveness of the economic strategies of the business. In terms of practical implications, management of companies should consider ESG information disclosure through a long-term management strategy. These findings being timely especially in the case of companies for which no legislative constraints for ESG disclosure.</p>
</abstract>

The growing concern of all UN member states to respond to global challenges, such as ending poverty, developing the health and educational systems, economic growth, reducing the impact of climate change, and preserving oceans and forests, has made ESG disclosure a necessity for companies. This study intends to analyze the relationship between ESG disclosure and company’s performance. The overall company’s performance was evaluated based on the corporate sustainability performance (CSP) framework, namely economic, environmental, and social (EES) performance. A sample of 80 articles taken from the Web of Science and Scopus databases, published in 50 journals, and reporting 742 effects, was relevant to meta-analyses the correlation between ESG disclosure and company’s economic performance. The results support the positive correlation between ESG disclosure and company’s economic performance. ESG disclosure is for more than just transparently reporting relevant ESG information, but also contributes to the consolidation of better economic performance through the degree of efficiency and effectiveness of the economic strategies of the business. In terms of practical implications, management of companies should consider ESG information disclosure through a long-term management strategy. These findings being timely especially in the case of companies for which no legislative constraints for ESG disclosure.

A Meta-Analysis of ESG Disclosure and Company’s Economic Performance

Proceedings of the International Conference on Business Excellence

This work is licensed under the Creative Commons Attribution 4.0 International License.

{"article-title":"A Meta-Analysis of ESG Disclosure and Company\u2019s Economic Performance"}

The growing concern of all UN member states to respond to global challenges, such as ending poverty, developing the health and educational systems, economic...

A Meta-Analysis of ESG Disclosure and Company’s Economic Performance

Publié en ligne: 03 juil. 2024

Pages: 2042 - 2056

DOI: https://doi.org/10.2478/picbe-2024-0173

Mots clés
ESG Disclosure, Corporate Sustainability Performance (CSP), EES performance, Company’s Economic Performance, meta-analysis, correlation coefficients

© 2024 Adrian Bancu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

A Meta-Analysis of ESG Disclosure and Company’s Economic Performance

Publié en ligne: 03 juil. 2024

Pages: 2042 - 2056

DOI: https://doi.org/10.2478/picbe-2024-0173

Mots clésESG Disclosure, Corporate Sustainability Performance (CSP), EES performance, Company’s Economic Performance, meta-analysis, correlation coefficients

© 2024 Adrian Bancu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.

Mots clés
ESG Disclosure, Corporate Sustainability Performance (CSP), EES performance, Company’s Economic Performance, meta-analysis, correlation coefficients