Search for Articles:
Title / Keyword
Author / Affiliation / Email
Journal
Article Type
 
 
Advanced Search
 
Section
Special Issue
Volume
Issue
Number
Page
 
6.8
3.3
Journals
Sustainability
Special Issues
ESG Performance, Investment, and Risk Management
sustainability-logo
Submit to Sustainability Review for Sustainability Propose a Special Issue

Journal Menu

► Journal Menu

Journal Browser

► Journal Browser
share announcement

ESG Performance, Investment, and Risk Management

A special issue of Sustainability (ISSN 2071-1050). This special issue belongs to the section "Economic and Business Aspects of Sustainability".

Deadline for manuscript submissions: closed (28 February 2025) | Viewed by 2473

Special Issue Editors

Dr. Hyoung Ju Song

E-Mail Website
Guest Editor
Hospitality Services Department, Rosen College of Hospitality Management, University of Central Florida, Orlando, FL 32819, USA
Interests: ESG issues; strategic leadership; corporate strategy; financial analysis
Dr. Jihwan Yeon

E-Mail Website
Guest Editor
College of Hospitality and Tourism Management, Sejong University, 209 Neungdong-ro, Gwangjin-gu, Seoul, Republic of Korea
Interests: corporate social responsibility (CSR); environmental, social, and governance (ESG); policy evaluation

Special Issue Information

Dear Colleagues,

Corporate business has undergone a significant transformation driven by environmental, social, and governance (ESG) principles. This shift emphasizes the importance of sustainable and ethical practices, which are now crucial in attracting investment and managing risks. Corporations’ commitment to ESG is not just a trend but a necessary evolution to meet the demands of environmentally and socially conscious stakeholders. In particular, adherence to ESG principles is essential in enhancing resilience, fostering stakeholder trust, and ensuring regulatory compliance during external crises. Events such as the COVID-19 pandemic and financial downturns have highlighted the need for robust ESG frameworks as businesses navigate unprecedented challenges. Businesses that fail to align with ESG expectations risk losing access to capital, investor confidence, and stakeholder trust, which can adversely affect their performance. This raises important questions regarding the role of a company’s ESG efforts during crises and their impact on stakeholder sentiments and business performance.

This Special Issue will explore the intricate relationships among ESG performance, risk management, stakeholder reactions, and business outcomes. We invite the submission of original research articles and reviews that examine the role of ESG in shaping sustainable business practices, influencing stakeholders’ investment and purchasing decisions, and managing risks. Research areas may include (but are not limited to) the following:

  • The impact of ESG practices on risk management;
  • The impact of ESG practices on sustainable business management;
  • Innovation and ESG practices;
  • The influence of ESG practices during crises (e.g., COVID-19 and financial crises);
  • Stakeholder expectations and the future of ESG principles;
  • The significance of financial and non-financial ESG indicators;
  • Challenges and opportunities in adopting ESG principles.

We look forward to receiving your contributions.

Dr. Hyoung Ju Song
Dr. Jihwan Yeon
Guest Editors

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Sustainability is an international peer-reviewed open access semimonthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 2400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • ESG practices
  • ESG investment
  • business risk
  • risk management
  • market reaction
  • financial analysis
  • sustainable management
  • external crises
  • corporate social responsibility
  • innovation

Benefits of Publishing in a Special Issue

  • Ease of navigation: Grouping papers by topic helps scholars navigate broad scope journals more efficiently.
  • Greater discoverability: Special Issues support the reach and impact of scientific research. Articles in Special Issues are more discoverable and cited more frequently.
  • Expansion of research network: Special Issues facilitate connections among authors, fostering scientific collaborations.
  • External promotion: Articles in Special Issues are often promoted through the journal's social media, increasing their visibility.
  • Reprint: MDPI Books provides the opportunity to republish successful Special Issues in book format, both online and in print.

Further information on MDPI's Special Issue policies can be found here.

Published Papers (2 papers)

Download All Papers
Order results
Result details
Show export options expand_more Show export options expand_less
Select all
Export citation of selected articles as:

Research

26 pages, 524 KiB  
Article
How Can We Improve the ESG Performance of Manufacturing Enterprises?—The Carbon Resilience Perspective
by Dongheng Han, Zhihui Li, Xun Cui and Lin Liang
Sustainability 2025, 17(6), 2350; https://doi.org/10.3390/su17062350 - 7 Mar 2025
Viewed by 762
Abstract
In the context of low-carbon transformation, manufacturing enterprises are facing great pressures, and they need to improve their capability in order to successfully respond to these changes and achieve sustainable development. Based on the concept of organizational resilience, this paper proposed the concept [...] Read more.
In the context of low-carbon transformation, manufacturing enterprises are facing great pressures, and they need to improve their capability in order to successfully respond to these changes and achieve sustainable development. Based on the concept of organizational resilience, this paper proposed the concept of carbon resilience, representing the ability of an organization to keep stable, adapt, and evolve in the context of low-carbon transformation and tried to explore the role of carbon resilience in enterprises’ environment, social, and governance performance (ESG performance) and the conditional roles of coercive pressure, normative pressure, and the mimetic pressure between companies. Empirical research selected the data of Chinese A-share-listed manufacturing companies between 2012 and 2021 as research samples. Using the regression analysis method, the theoretical model was verified. The results show that carbon resilience can promote ESG performance. Moreover, coercive pressure and normative pressure promote the relationship between carbon resilience and ESG performance, whereas mimetic pressure inhibits the relationship. This study provides managerial implications for the government, society, and manufacturing enterprises, especially laying out a realistic approach to improving ESG performance from the perspective of carbon resilience. Full article
(This article belongs to the Special Issue ESG Performance, Investment, and Risk Management)
►▼ Show Figures

Figure 1

18 pages, 592 KiB  
Article
Moral Imperative or Economic Necessity? The Role of Institutional Investors in the Corporate Social Responsibility—Financial Performance Relationship
by Jihwan Yeon, Hyoung Ju Song and Bora Kim
Sustainability 2025, 17(2), 582; https://doi.org/10.3390/su17020582 - 14 Jan 2025
Cited by 1 | Viewed by 1085
Abstract
This study examines how institutional ownership concentration, quantified by the Herfindahl-Hirschman Index (HHI), influences the financial consequences of CSR initiatives within the U.S. restaurant industry. This study distinguishes between CSR activities that are integral to core operations (operation-related CSR) and those that are [...] Read more.
This study examines how institutional ownership concentration, quantified by the Herfindahl-Hirschman Index (HHI), influences the financial consequences of CSR initiatives within the U.S. restaurant industry. This study distinguishes between CSR activities that are integral to core operations (operation-related CSR) and those that are not (non-operation-related CSR), analyzing their impacts on both market-based (ROA) and accounting-based performance (Tobin’s q) measures. Employing panel regression analysis, findings reveal that higher institutional ownership concentration enhances the alignment of operation-related CSR with improved financial performance. Conversely, the institutional ownership concentration does not significantly moderate the impact of non-operation-related CSR on both performance measures. Given the restaurant industry’s high consumer visibility and operational reliance on social and environmental factors, this study fills gaps in CSR literature by offering insights for aligning CSR strategies with institutional owners’ expectations. The results provide actionable guidance for policymakers and industry practitioners to optimize organizational outcomes from CSR activities. Full article
(This article belongs to the Special Issue ESG Performance, Investment, and Risk Management)
►▼ Show Figures

Figure 1

Show export options expand_more Show export options expand_less
Select all
Export citation of selected articles as:
 
Displaying articles 1-2
Back to TopTop