Identifying thematic clusters of ESG in contemporary accounting studies through systematic literature review

What the paper says

Purpose This study aims at identifying the most relevant thematic clusters of studies at the intersection of accounting and environmental, social and governance (ESG), the potential benefits and impacts that research clusters may have at a systemic level on Sustainable Development Goals and factors that could enhance these benefits and impacts. Design/methodology/approach This research is based on a systematic literature review approach using a descriptive bibliometric method, data analysis visualization and thematic analysis to fully investigate the content of studies in the accounting domain seeking to achieve research aims, providing insights, critiques and future research paths. Findings This study delves into the evolving landscape where ESG intersects with accounting. It aims to provide valuable insights into the multifaceted relationship between ESG and accounting. The authors identify three thematic clusters: ESG accounting data and investment decision-making, firm’s CSR and ESG issues and ESG and sustainability and accountability. Originality/value To the best of the authors’ knowledge, this is the first study that integrates bibliometric and literature review analyses to provide a comprehensive outlook of the benefits and impacts ESG and interdisciplinary accounting research can have on the environment and society.