Bibliometrics-based Visualization Analysis of Environment Social Governance

Businesses take part in ESG initiatives to increase profits and demonstrate to the market that they are compliant. The literature is full of contradicting findings and paradoxes, which makes it difficult to draw a clear connection between ESG and firm financial performance. This research delves into the paper-level metrics of literature pertaining to environmental, social, and governance (ESG) topics. To achieve this aim, we have adopted a systematic approach that incorporates the PRISMA protocol, VOS Viewer, AIR Studios and Scopus Analyze results for an extensive analysis. Our analytical framework is based on a vast dataset obtained from Scopus which covers the period between 2013 and 2023. Utilizing data from 2057 ESG papers found in Scopus database, our study employs VOSviewer, AIR Studios and Scopus Analyze results to present a bibliometric review of publications' citation structure as well as funding sponsors, universities, countries involved in research work on this issue along with journals authors and keywords related to it. The study's findings highlight the growth of scholarly attention given to the intersection on ESG. ESG disclosure has an impact on a company's financial and market performance both in healthy markets and in times of crisis. Numerous facts are presented in this article, such as co-authorship, highly cited works, citations, keyword distribution, top authors at the journal and institution levels, and the most important publications and authors. The many phases of this subject of study as well as the new research directions that warrant further investigation are well-illustrated by the bibliometric analysis. Finally, research trends and a future research framework are proposed based on the research gap identified in this review.