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Article

Redefining Development Through Logistics Performance and ESG Metrics

by
Panagiotis Karountzos
*,
Damianos P. Sakas
,
Dimitrios K. Nasiopoulos
and
Kanellos Toudas
BICTEVAC Laboratory—Business Information and Communication Technologies in Value Chains Laboratory, Department of Agribusiness and Supply Chain Management, School of Applied Economics and Social Sciences, Agricultural University of Athens, 118 55 Athens, Greece
*
Author to whom correspondence should be addressed.
Account. Audit. 2025, 1(3), 11; https://doi.org/10.3390/accountaudit1030011
Submission received: 11 July 2025 / Revised: 9 October 2025 / Accepted: 30 October 2025 / Published: 13 November 2025

Abstract

This study investigates the systemic interrelations between logistics performance, environmental performance, sustainable development progress, and institutional governance. While the existing literature often examines these dimensions separately, this research conceptualizes them as co-determined drivers of national development. Using data from 123 countries, the analysis integrates four composite indices—Logistics Performance Index (LPI), Environmental Performance Index (EPI), Sustainable Development Goals Index (SDG), and Worldwide Governance Indicators (WGI)—alongside GDP per capita. Methodologically, this study applies multiple linear regressions and correlation analyses to assess the associations among these variables and employs Fuzzy Cognitive Mapping (FCM) to simulate scenario-based systemic interactions. Results show that all ESG indicators are positively and significantly associated with LPI, with WGI exerting the strongest effect. In turn, LPI, EPI, SDG, and WGI jointly explain 81.7% of the variance in GDP per capita, confirming their integrated role in shaping economic performance. FCM simulations further reveal that both environmental and institutional improvements generate reinforcing effects on logistics capacity and GDP outcomes. This study’s originality lies in its multiple-method approach and its synthesis of ESG and logistics performance metrics into a unified explanatory framework. It contributes to development studies by highlighting the structural embeddedness of logistics within broader institutional and sustainability ecosystems. Its policy implication lies in suggesting that integrated reforms—combining infrastructure, regulatory quality, and environmental stewardship—are essential for enhancing long-term national competitiveness and resilience.
Keywords: logistics performance; LPI; ESG; GDP; institutional quality; sustainable development; Fuzzy Cognitive Map logistics performance; LPI; ESG; GDP; institutional quality; sustainable development; Fuzzy Cognitive Map

Share and Cite

MDPI and ACS Style

Karountzos, P.; Sakas, D.P.; Nasiopoulos, D.K.; Toudas, K. Redefining Development Through Logistics Performance and ESG Metrics. Account. Audit. 2025, 1, 11. https://doi.org/10.3390/accountaudit1030011

AMA Style

Karountzos P, Sakas DP, Nasiopoulos DK, Toudas K. Redefining Development Through Logistics Performance and ESG Metrics. Accounting and Auditing. 2025; 1(3):11. https://doi.org/10.3390/accountaudit1030011

Chicago/Turabian Style

Karountzos, Panagiotis, Damianos P. Sakas, Dimitrios K. Nasiopoulos, and Kanellos Toudas. 2025. "Redefining Development Through Logistics Performance and ESG Metrics" Accounting and Auditing 1, no. 3: 11. https://doi.org/10.3390/accountaudit1030011

APA Style

Karountzos, P., Sakas, D. P., Nasiopoulos, D. K., & Toudas, K. (2025). Redefining Development Through Logistics Performance and ESG Metrics. Accounting and Auditing, 1(3), 11. https://doi.org/10.3390/accountaudit1030011

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