New issue of the Corporate Governance and Sustainability Review journal
The editorial team of Virtus Interpress is happy to present the fourth issue of the journal “Corporate Governance and Sustainability Review” in 2024. Recent studies focus on investigating the current trend in business innovation strategies and their influence on environmental, social and governance (ESG) using multi-theoretical lenses, using multidisciplinary paradigms comprising mixed-methods oriented research strategy.
This issue begins with a study by Meng Guo and Nahyun Oh that offers valuable insights on environmental, social, and governance (ESG) research dynamics in the wake of the U.S. Securities and Exchange Commission (SEC) proposal. This research provides a comprehensive understanding of the evolving landscape of ESG research in the U.S. and addresses the growing interest in ESG research. Importantly, the findings shed light on directions and implications for future ESG research in business. Finally, as ESG research continues to emerge after the proposal, we provide thoughtful insights for researchers, regulators, policymakers, and practitioners.
The next study by Xin Tan and Sorin A. Tuluca aims to investigate how financial flexibility and profitability influence ESG performance. The findings of the study reveal a positive association between profitability and ESG scores. On the contrary, the results of their study show that liquidity has a negative impact on ESG score. Profitable companies are more likely to invest in ESG initiatives, whereas high liquidity may indicate underinvestment in such activities. This research contributes a fresh perspective to the empirical evidence in the existing literature on the relationship between financial and ESG performance.
Maithili Prashant Dhuri, Mrunal Joshi, and Ritu Sinh investigate various financial ratios, assess their significance, and explore their relationship with the Altman Z-score, a financial ratio used to predict the probability of a company’s bankruptcy. The study sheds valuable insights on the trend of recent corporate including corporate disclosures on corporate social responsibility (CSR) and sustainable growth rate (SGR). The findings of the study offer a nuanced perspective by empowering stakeholders to identify financial and non-financial indicators of stability. Further, the authors highlighted the critical need for holistic assessment methodologies in the ever-evolving corporate landscape.
In the final research study of this issue, Lee J. Zane, Mayank Jaiswal, and Mark A. Tribbitt examine the international diffusion of sustainable innovative automobile engine technologies with an emphasis on manufacturers’ strategies. This study uses a top management team (TMT) perspective to analyze auto manufacturers’ worldwide sales of electric vehicles (EVs) to understand and explain this uneven diffusion. The findings of the study indicate individual sub-categories of EVs are developing but with different levels that significantly vary across countries and manufacturers. The study suggests that not all sub-categories of EVs are equal in the minds of consumers, manufacturers, and governments.
The full issue of the journal is available at the following link.
We wish you a pleasant and informative reading!
