Environmental, social and governance trends in Asian firms: a systematic review and bibliometric analysis using the antecedents-decisions- outcomes–theories-context-methods framework

Hermawan, Jessica and Wijaya, Liliana Inggrit and Rianawati, Andri (2025) Environmental, social and governance trends in Asian firms: a systematic review and bibliometric analysis using the antecedents-decisions- outcomes–theories-context-methods framework. Cogent Business & ManageMent, 12 (1). 2525531/1-31. ISSN 2331-1975

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Abstract

this study systematically reviews 246 Scopus-indexed articles (2013–2023) on environmental, social and governance (eSg) practices in asian firms using the antecedents-decisions-outcomes (aDO)–theories-context-methods (tcM) framework. this integrative approach—combining aDO with tcM—offers a novel lens to map eSg research in emerging economies. asian firms operate within unique institutional contexts marked by family ownership, relational governance and hierarchical decision-making, distinguishing their eSg adoption from western counterparts. the study reveals key antecedents such as corporate governance, financial strategies and technological readiness; eSg decisions are shaped by disclosure practices, stakeholder engagement and sustainability alignment. Outcomes include financial resilience, innovation and improved eSg performance. Practical implications highlight the need for enhanced eSg governance through leadership development, diverse boards and executive incentives; access to green finance; and adoption of digital technologies such as artificial intelligence and blockchain. this study contributes a structured synthesis of eSg adoption in asia and identifies contextual gaps for future research.

Item Type:	Article
Uncontrolled Keywords:	ESG; Asian companies; corporate governance; sustainability; bibliometric analysis; systematic literature review
Subjects:	H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Divisions:	Faculty of Business and Economic > Department of Management
Depositing User:	Ester Sri W. 196039
Date Deposited:	10 Jul 2025 08:19
Last Modified:	10 Jul 2025 08:19
URI:	http://repository.ubaya.ac.id/id/eprint/48947

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