Environmental, Social, and Governance (ESG) disclosure: A literature review

Tsang，Albert1; Frost，Tracie2; Cao，Huijuan3

2023

10.1016/j.bar.2022.101149

British Accounting Review   Impact Factor & Quartile

0890-8389

1095-8347

Voluntary nonfinancial Environmental, Social, and Governance (ESG) disclosure is a rapidly growing and increasingly important topic that has attracted great attention from both academic researchers and capital market participants in recent years. The objective of this survey study is to provide a comprehensive review of the ESG disclosure literature in accounting research with suggestions for the future. Specifically, we organize the literature into four categories: motivations for and consequences associated with ESG information, in addition to disclosure- and user-level characteristics with the potential to affect the observed outcome of information disclosure. We also discuss the key role of nonfinancial rating agencies as a new type of ESG information intermediary in capital markets and suggest opportunities for future research.

English

First

2-s2.0-85144477580

Scopus

1.SUSTech Business School,Southern University of Science and Technology,China
2.School of Accounting and Finance,The Hong Kong Polytechnic University,China
3.School of Management and Economics,Beijing Institute of Technology,China

Tsang，Albert,Frost，Tracie,Cao，Huijuan. Environmental, Social, and Governance (ESG) disclosure: A literature review[J]. British Accounting Review,2023,55(1).

Tsang，Albert,Frost，Tracie,&Cao，Huijuan.(2023).Environmental, Social, and Governance (ESG) disclosure: A literature review.British Accounting Review,55(1).

Tsang，Albert,et al."Environmental, Social, and Governance (ESG) disclosure: A literature review".British Accounting Review 55.1(2023).