A Bibliometric Analysis using Biblioshiny: Environmental, Social and Governance (ESG) and Financial Performance
Abstract:
This study conducts a bibliometric analysis of the relationship between ESG (Environmental, Social, and Governance) factors and financial performance. The objective is to collect bibliometric data on authors, affiliations, sources, citations, scientific publications, contributions from different countries, keywords, trending aspects, and potential future research areas. The study collects data from the Scopus research database from 2010 to August 15, 2024. Biblioshiny in R Studio is used for data evaluation. The analysis includes influential authors and institutions, average citations, annual publication output, commonly used keywords, and country wise research output. The study reveals a consistent and growing interest in ESG and financial performance research, with a significant increase in scientific articles over time. Earlier publications have higher average citations, but more recent ones show lower citation rates. Ahlia University and the University of Portsmouth are significant contributors to the study, while keywords such as finance and sustainable development are the main focus of academic discussions. Journal of Cleaner Production and Corporate Social Responsibility and Environmental Management were identified as the most productive and influential journals in the ESG field. The study highlights the ongoing research interest in the relationship between financial performance and ESG and the growing importance of sustainability and corporate social responsibility in corporate practices. The f indings demonstrate the recent emphasis on ESG, financial performance, CSR, sustainability, and sustainable development.
