دورية أكاديمية

The ESG Patterns of Emerging-Market Companies: Are There Differences in Their Sustainable Behavior after COVID-19?

التفاصيل البيبلوغرافية
العنوان: The ESG Patterns of Emerging-Market Companies: Are There Differences in Their Sustainable Behavior after COVID-19?
المؤلفون: Barbara Rocha Gonzaga, Marcelo Cabus Klotzle, Talles Vianna Brugni, Ileana-Sorina Rakos, Ionela Cornelia Cioca, Cristian-Marian Barbu, Teodora Cucerzan
المصدر: MDPI, Sustainability. 16(2):1-41
سنة النشر: 2024
الوصف: We aim to map the ESG patterns of emerging-market companies from 2018 to 2021 in order to determine whether the COVID-19 pandemic exerted any influence on sustainable corporate behavior. Thus, the ESG performances were assessed by employing the Kohonen Self-Organizing Map (also known as the Kohonen neural network) for clustering purposes at three levels: (i) ESG overall, including country and sectoral perspectives; (ii) ESG thematic; and (iii) ESG four-folded (stakeholder, perspective, management, and focus strategic views). Our results show that emerging-market companies focus their ESG efforts on social and governance issues rather than on environmental. However, environmental and social behavior differ more acutely than governance behavior across clusters. The analyses of country-level ESG performance and that of eleven market-based economic sectors corroborate the geographic and sector dependence of ESG performance. The thematic-level analysis indicates that operational activities and community issues received more attention, which suggests that emerging-market companies address distinct ESG topics according to their particularities and competitiveness. Furthermore, our empirical findings provide evidence that the ESG behavior of companies has changed over the course of the COVID-19 pandemic. Thus, our findings are relevant to policy makers involved in regulating ESG disclosure practices, investors focused on enhancing their sustainable investment strategies, and firms engaged in improving their ESG involvement.
نوع الوثيقة: redif-article
اللغة: English
الإتاحة: https://ideas.repec.org/a/gam/jsusta/v16y2024i2p676-d1317872.html
رقم الأكسشن: edsrep.a.gam.jsusta.v16y2024i2p676.d1317872
قاعدة البيانات: RePEc