DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS

ESG criteria serve as a cornerstone for sustainable business practices, but the growing emphasis on sustainability has led to a surge in ESG rating providers, introducing significant challenges. ESG ratings are inherently complex and often differ across agencies, due to a lack of standardized parame...

Full description

Saved in:
Bibliographic Details
Main Author: VASIU Diana Elena
Format: Article
Language:English
Published: Lucian Blaga University of Sibiu 2024-12-01
Series:Management of Sustainable Development
Subjects:
Online Access:https://msdjournal.org/wp-content/uploads/vol16issue2-9.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1846098543102656512
author VASIU Diana Elena
author_facet VASIU Diana Elena
author_sort VASIU Diana Elena
collection DOAJ
description ESG criteria serve as a cornerstone for sustainable business practices, but the growing emphasis on sustainability has led to a surge in ESG rating providers, introducing significant challenges. ESG ratings are inherently complex and often differ across agencies, due to a lack of standardized parameters, risks of green-washing, and the perceived trade-off between profitability and sustainability. Inconsistent methodologies and fragmented regulatory frameworks hinder meaningful comparisons, resulting in limited confidence among investors and companies regarding the reliability of these ratings. Nevertheless, ESG advocates view these ratings as drivers of long-term financial and societal benefits. Consequently, researchers are increasingly focused on understanding the extent of ESG rating divergence, identifying its underlying causes, evaluating its impact on company performance, and exploring strategies to mitigate the negative effects of these inconsistencies. This paper provides an overview of the topic of “ESG ratings divergence,” a subject that has seen exponential growth in the past three years. Using a bibliometric approach, it examines the academic literature published and indexed in the Scopus database with the help of VOSviewer.
format Article
id doaj-art-334ee41a084a4fab9ba30b859cf3b85d
institution Kabale University
issn 2066-9380
2247-0220
language English
publishDate 2024-12-01
publisher Lucian Blaga University of Sibiu
record_format Article
series Management of Sustainable Development
spelling doaj-art-334ee41a084a4fab9ba30b859cf3b85d2025-01-01T19:27:42ZengLucian Blaga University of SibiuManagement of Sustainable Development2066-93802247-02202024-12-0116299112https://doi.org/10.54989/msd-2024-00191DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSISVASIU Diana Elena0Lucian Blaga University of Sibiu, Faculty of Economic Science, Sibiu, RomaniaESG criteria serve as a cornerstone for sustainable business practices, but the growing emphasis on sustainability has led to a surge in ESG rating providers, introducing significant challenges. ESG ratings are inherently complex and often differ across agencies, due to a lack of standardized parameters, risks of green-washing, and the perceived trade-off between profitability and sustainability. Inconsistent methodologies and fragmented regulatory frameworks hinder meaningful comparisons, resulting in limited confidence among investors and companies regarding the reliability of these ratings. Nevertheless, ESG advocates view these ratings as drivers of long-term financial and societal benefits. Consequently, researchers are increasingly focused on understanding the extent of ESG rating divergence, identifying its underlying causes, evaluating its impact on company performance, and exploring strategies to mitigate the negative effects of these inconsistencies. This paper provides an overview of the topic of “ESG ratings divergence,” a subject that has seen exponential growth in the past three years. Using a bibliometric approach, it examines the academic literature published and indexed in the Scopus database with the help of VOSviewer.https://msdjournal.org/wp-content/uploads/vol16issue2-9.pdfbibliometric analysis, esg, esg rating divergence, esg score divergence, discrepancies
spellingShingle VASIU Diana Elena
DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS
Management of Sustainable Development
bibliometric analysis, esg, esg rating divergence, esg score divergence, discrepancies
title DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS
title_full DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS
title_fullStr DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS
title_full_unstemmed DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS
title_short DIVERGENCE REGARDING ESG. A BIBLIOMETRIC ANALYSIS
title_sort divergence regarding esg a bibliometric analysis
topic bibliometric analysis, esg, esg rating divergence, esg score divergence, discrepancies
url https://msdjournal.org/wp-content/uploads/vol16issue2-9.pdf
work_keys_str_mv AT vasiudianaelena divergenceregardingesgabibliometricanalysis