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Environmental, Social and Corporate Governance and firms’ financial performance: A semi-structured literature review, through the lens of sustainable development

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  • Ioana Simona Ermiṣ
  • Victor-Emanuel Ciuciuc

Abstract

The object of this article is to present a concise study of the state of scientific literature regarding the relationship between the Environmental, Social and Corporate Governance (ESG) factors and the financial performance at a company-based level, taking into account the sustainable paradigm. According to scientific literature, we expect that the more socially responsible companies are interested in the well-being of the stakeholders (customers, employees, members of the supply chain, and the community) as much as in that of their shareholders.

Suggested Citation

  • Ioana Simona Ermiṣ & Victor-Emanuel Ciuciuc, 2022. "Environmental, Social and Corporate Governance and firms’ financial performance: A semi-structured literature review, through the lens of sustainable development," Nowoczesne Systemy Zarządzania. Modern Management Systems, Military University of Technology, Faculty of Security, Logistics and Management, Institute of Organization and Management, issue 4, pages 13-36.
    • Handle: RePEc:aou:nszioz:y:2022:i:4:p:13-36
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    References listed on IDEAS

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