New issue of the Corporate Governance and Sustainability Review journal
The editorial team of Virtus Interpress is pleased to present the second issue of the journal “Corporate Governance and Sustainability Review” in 2024. The current issue brings forth a collection of four insightful papers that delve into diverse aspects of sustainability, risk management, and firm performance. Each paper explores critical areas of research, offering a blend of theoretical and practical insights with a focus on future research directions.
The introductory paper by Jiaqi Sun presents the role of knowledge management systems (KMS) as a strategic tool for minimizing uncertainty in risk assessment processes. The author underscores the need for effective information flow within organizations to enable better decision-making under uncertain conditions. The study highlights how KMS can enhance transparency, facilitate collaboration, and improve the accuracy of risk assessments.
The second paper by Priyanka Oza and Ameya Patekar analyzes the impact of environmental, social, and governance (ESG) strategies on the financial performance of NIFTY 500 companies, offering a data-driven approach to understanding the role of ESG in shaping business outcomes. The paper finds that companies with robust ESG strategies tend to exhibit better long-term financial performance. The authors point out that while short-term gains may vary, the integration of ESG principles contributes to enhanced stakeholder trust, reduced regulatory risks, and improved brand reputation.
The third paper by Bonginkosi Keith Zwane, Celani John Nyide, Misery Sikwela, Evangelos Mantzaris, and Nkululeko Fuyane examines financial bootstrapping as a viable strategy for agricultural cooperatives in emerging economies. The authors analyze how self-financing methods can serve as a sustainable livelihood solution in the absence of traditional credit mechanisms. The authors highlight that financial bootstrapping allows cooperatives to maintain independence, minimize debt burden, and foster community resilience. The study showcases real-world examples from cooperatives that have successfully utilized strategies like personal savings, joint ventures, and barter systems to sustain operations.
The last paper by Ranjan Kumar employs a mixed-methods approach to explore the relationship between environmental and social disclosure (ESD) and the financial performance of large oil and gas companies in emerging markets. The paper reveals a complex interaction between ESD practices and financial performance, with findings suggesting that while transparency in ESD can enhance corporate reputation and reduce long-term risks, the immediate financial benefits are often sector-specific. The study also suggests exploring how digital transformation can improve ESD reporting and foster better stakeholder engagement in the energy sector.
The full issue of the journal is available at the following link.
We wish you a pleasant and informative reading!
