{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,7,2]],"date-time":"2026-07-02T05:30:47Z","timestamp":1782970247836,"version":"3.54.5"},"reference-count":128,"publisher":"Emerald","issue":"12","license":[{"start":{"date-parts":[[2023,9,19]],"date-time":"2023-09-19T00:00:00Z","timestamp":1695081600000},"content-version":"tdm","delay-in-days":0,"URL":"https:\/\/www.emerald.com\/insight\/site-policies"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["K"],"published-print":{"date-parts":[[2024,12,9]]},"abstract":"<jats:sec><jats:title content-type=\"abstract-subheading\">Purpose<\/jats:title><jats:p>The study explores the barriers to ESG adoption and develops a hierarchical relationship between identified barriers to determine the driving and dependence power.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Design\/methodology\/approach<\/jats:title><jats:p>Through literature and unstructured interviews nine barriers affecting the adoption of ESG reporting were identified and examined using the modified Total Interpretive Structural Modelling (m-TISM) approach. Further, MICMAC analysis is used to analyse the driver-dependence power amongst the barriers.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Findings<\/jats:title><jats:p>In this analysis, the variable lying at the lowest level of hierarchy are considered to be the critical factor and lack of clarity around regulatory and reporting standards is found to be very critical for ESG adoption. To address impediments to ESG adoption, the government should make ESG disclosure mandatory and clearly explain the rules, regulations and advantages associated with ESG implementation.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-subheading\">Originality\/value<\/jats:title><jats:p>The current study is very few among examining the barriers to ESG adoption and steppingstone towards the mandatory implementation of ESG disclosures in current scenario.<\/jats:p><\/jats:sec>","DOI":"10.1108\/k-05-2023-0888","type":"journal-article","created":{"date-parts":[[2023,9,16]],"date-time":"2023-09-16T10:13:28Z","timestamp":1694859208000},"page":"5775-5800","source":"Crossref","is-referenced-by-count":31,"title":["Exploring the barriers to ESG adoption using modified TISM approach"],"prefix":"10.1108","volume":"53","author":[{"given":"Nakul","family":"Parameswar","sequence":"first","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Zuby","family":"Hasan","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-5632-9679","authenticated-orcid":false,"given":"Charu","family":"Shri","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]},{"ORCID":"https:\/\/orcid.org\/0000-0002-8133-674X","authenticated-orcid":false,"given":"Neha","family":"Saini","sequence":"additional","affiliation":[],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"140","published-online":{"date-parts":[[2023,9,19]]},"reference":[{"issue":"4","key":"key2024120604513304200_ref001","doi-asserted-by":"crossref","first-page":"932","DOI":"10.1177\/0149206311436079","article-title":"What we know and do not know about corporate social responsibility: a review and research agenda","volume":"38","year":"2012","journal-title":"Journal of Management"},{"issue":"2","key":"key2024120604513304200_ref002","doi-asserted-by":"crossref","first-page":"177","DOI":"10.1108\/IJAIM-01-2016-0003","article-title":"Determinants of social and economic reportings: evidence from Australia, the UK and South African multinational enterprises","volume":"25","year":"2017","journal-title":"International Journal of Accounting and Information Management"},{"issue":"1","key":"key2024120604513304200_ref003","first-page":"279","article-title":"Corporate sustainability reporting: a study in disingenuity?","volume":"87","year":"2009","journal-title":"Journal of Business Ethics"},{"issue":"1","key":"key2024120604513304200_ref004","doi-asserted-by":"crossref","first-page":"97","DOI":"10.1108\/BIJ-02-2018-0041","article-title":"Inter-partner dynamics and joint venture competitiveness: a fuzzy TISM approach","volume":"26","year":"2019","journal-title":"Benchmarking: An International Journal"},{"key":"key2024120604513304200_ref005","volume-title":"Sustainable Investing: A \u2018why Not\u2019 Moment","year":"2018"},{"issue":"1","key":"key2024120604513304200_ref006","doi-asserted-by":"publisher","DOI":"10.1086\/209337","article-title":"A consumer-side experimental examination of signaling theory: do consumers perceive warranties as signals of quality?","volume":"20","year":"1993","journal-title":"Journal of Consumer Research"},{"issue":"2","key":"key2024120604513304200_ref007","doi-asserted-by":"crossref","first-page":"120","DOI":"10.1002\/bse.506","article-title":"Factors influencing the quality of corporate environmental disclosure","volume":"17","year":"2008","journal-title":"Business Strategy and the Environment"},{"key":"key2024120604513304200_ref008","doi-asserted-by":"crossref","first-page":"134","DOI":"10.1016\/j.jbusres.2017.06.004","article-title":"Where the eyes go, the body follows?: understanding the impact of strategic orientation on corporate social performance","volume":"79","year":"2017","journal-title":"Journal of Business Research"},{"issue":"1","key":"key2024120604513304200_ref009","doi-asserted-by":"crossref","first-page":"21","DOI":"10.1080\/00014788.1998.9729564","article-title":"The public disclosure of environmental performance information\u2014a dual test of media agenda setting theory and legitimacy theory","volume":"29","year":"1998","journal-title":"Accounting and Business Research"},{"issue":"2","key":"key2024120604513304200_ref010","doi-asserted-by":"crossref","first-page":"224","DOI":"10.1108\/SAMPJ-10-2014-0065","article-title":"Environmental, social and governance disclosures in Europe","volume":"6","year":"2015","journal-title":"Sustainability Accounting, Management and Policy Journal"},{"issue":"3","key":"key2024120604513304200_ref128","doi-asserted-by":"crossref","first-page":"946","DOI":"10.5465\/amr.2007.25275684","article-title":"Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility","volume":"32","year":"2007","journal-title":"Academy of management Review"},{"issue":"1","key":"key2024120604513304200_ref011","doi-asserted-by":"crossref","first-page":"123","DOI":"10.1016\/S1084-8568(99)80099-6","article-title":"The environment is free: the quality analogy","volume":"4","year":"1999","journal-title":"Journal of Quality Management"},{"issue":"2","key":"key2024120604513304200_ref012","doi-asserted-by":"crossref","first-page":"29","DOI":"10.2307\/41166337","article-title":"Breaking down the wall of codes: evaluating non-financial performance measurement","volume":"48","year":"2006","journal-title":"California Management Review"},{"issue":"1","key":"key2024120604513304200_ref013","doi-asserted-by":"crossref","first-page":"95","DOI":"10.1108\/SRJ-10-2015-0147","article-title":"Sustainability reports in Brazil through the lens of signaling, legitimacy and stakeholder theories","volume":"13","year":"2017","journal-title":"Social Responsibility Journal"},{"issue":"7-8","key":"key2024120604513304200_ref014","doi-asserted-by":"crossref","first-page":"639","DOI":"10.1016\/j.aos.2006.09.009","article-title":"The role of environmental disclosures as tools of legitimacy: a research note","volume":"32","year":"2007","journal-title":"Accounting, Organizations and Society"},{"key":"key2024120604513304200_ref015","article-title":"ESG disclosure\u2013keeping pace with developments affecting investors, public companies and the capital markets","year":"2021","journal-title":"US Securities and Exchange Commission"},{"issue":"4","key":"key2024120604513304200_ref016","doi-asserted-by":"publisher","first-page":"469","DOI":"10.1108\/SCM-09-2018-0309","article-title":"Blockchain technology: implications for operations and supply chain management","volume":"24","year":"2019","journal-title":"Supply Chain Management"},{"issue":"1","key":"key2024120604513304200_ref017","doi-asserted-by":"crossref","first-page":"20","DOI":"10.2307\/259223","article-title":"Toward a stewardship theory of management","volume":"22","year":"1997","journal-title":"The Academy of Management Review"},{"issue":"4-5","key":"key2024120604513304200_ref018","doi-asserted-by":"crossref","first-page":"343","DOI":"10.1016\/j.aos.2005.04.001","article-title":"Stakeholder influence on corporate reporting: an exploration of the interaction between WWF-Australia and the Australian minerals industry","volume":"31","year":"2006","journal-title":"Accounting, Organizations and Society"},{"issue":"3","key":"key2024120604513304200_ref019","doi-asserted-by":"crossref","first-page":"255","DOI":"10.5465\/amp.2012.0123","article-title":"Triangulating environmental performance: what do corporate social responsibility ratings really capture?","volume":"27","year":"2013","journal-title":"Academy of Management Perspectives"},{"key":"key2024120604513304200_ref020","unstructured":"Department of Economic and Social Affairs (2022), \u201cDo you know all 17 SDGs?\u201d. available at: https:\/\/sdgs.un.org\/goals"},{"issue":"4","key":"key2024120604513304200_ref021","doi-asserted-by":"publisher","first-page":"328","DOI":"10.1016\/j.jaccpubpol.2014.04.006","article-title":"Corporate social responsibility disclosure and the cost of equity capital : the roles of stakeholder orientation and financial transparency","volume":"33","year":"2014","journal-title":"Journal of Accounting and Public Policy"},{"issue":"2","key":"key2024120604513304200_ref022","doi-asserted-by":"crossref","first-page":"147","DOI":"10.2307\/2095101","article-title":"The iron cage revisited. Institutional isomorphism and collective rationality in organizational fields","volume":"48","year":"1983","journal-title":"American Sociological Review"},{"key":"key2024120604513304200_ref023","article-title":"Environmental, social, and governance (ESG) model; impacts and sustainable investment\u2013Global trends and Poland's perspective","volume":"329","year":"2023","journal-title":"Journal of Environmental Management"},{"key":"key2024120604513304200_ref024","doi-asserted-by":"crossref","first-page":"612","DOI":"10.1016\/j.ecolind.2015.10.012","article-title":"Composite indicator for measuring corporate sustainability","volume":"61","year":"2016","journal-title":"Ecological Indicators"},{"issue":"1","key":"key2024120604513304200_ref025","doi-asserted-by":"crossref","first-page":"49","DOI":"10.1177\/031289629101600103","article-title":"Stewardship theory or agency theory: CEO governance and shareholder returns","volume":"16","year":"1991","journal-title":"Australian Journal of Management"},{"issue":"1","key":"key2024120604513304200_ref026","doi-asserted-by":"crossref","first-page":"65","DOI":"10.2307\/258887","article-title":"The stakeholder theory of the corporation: concepts, evidence, and implications","volume":"20","year":"1995","journal-title":"Academy of Management Review"},{"issue":"2","key":"key2024120604513304200_ref027","doi-asserted-by":"crossref","first-page":"130","DOI":"10.1002\/bse.323","article-title":"Beyond the business case for corporate sustainability","volume":"11","year":"2002","journal-title":"Business Strategy and the Environment"},{"key":"key2024120604513304200_ref028","volume-title":"The Impact of a Corporate Culture of Sustainability on Corporate Behavior and Performance","year":"2012"},{"issue":"11","key":"key2024120604513304200_ref029","doi-asserted-by":"crossref","first-page":"2835","DOI":"10.1287\/mnsc.2014.1984","article-title":"The impact of corporate sustainability on organizational processes and performance","volume":"60","year":"2014","journal-title":"Management Science"},{"issue":"2","key":"key2024120604513304200_ref030","doi-asserted-by":"crossref","first-page":"396","DOI":"10.1002\/csr.1691","article-title":"Does it pay to be forthcoming? Evidence from CSR disclosure and equity market liquidity","volume":"26","year":"2019","journal-title":"Corporate Social Responsibility and Environmental Management"},{"issue":"3","key":"key2024120604513304200_ref031","doi-asserted-by":"crossref","first-page":"488","DOI":"10.2307\/256457","article-title":"Agency-and institutional-theory explanations: the case of retail sales compensation","volume":"31","year":"1988","journal-title":"Academy of Management Journal"},{"issue":"9","key":"key2024120604513304200_ref032","doi-asserted-by":"crossref","first-page":"2388","DOI":"10.1016\/j.jbankfin.2011.02.007","article-title":"Does corporate social responsibility affect the cost of capital?","volume":"35","year":"2011","journal-title":"Journal of Banking and Finance"},{"issue":"1","key":"key2024120604513304200_ref033","doi-asserted-by":"crossref","first-page":"37","DOI":"10.1002\/tqem.3310080106","article-title":"Partnerships from cannibals with forks: the triple bottom line of 21st\u2010century business","volume":"8","year":"1998","journal-title":"Environmental Quality Management"},{"issue":"2","key":"key2024120604513304200_ref034","first-page":"383","article-title":"Efficient capital markets: a review of theory and empirical work","volume":"25","year":"1970","journal-title":"The Journal of Finance"},{"issue":"5","key":"key2024120604513304200_ref035","doi-asserted-by":"crossref","first-page":"1575","DOI":"10.1111\/j.1540-6261.1991.tb04636.x","article-title":"Efficient capital markets: II","volume":"46","year":"1991","journal-title":"The Journal of Finance"},{"key":"key2024120604513304200_ref036","doi-asserted-by":"publisher","volume-title":"Strategic Management : A Stakeholder Approach","year":"2010","DOI":"10.1017\/CBO9781139192675"},{"issue":"6","key":"key2024120604513304200_ref038","doi-asserted-by":"crossref","first-page":"361","DOI":"10.1002\/bse.1786","article-title":"Climate change and financial performance in times of crisis","volume":"23","year":"2014","journal-title":"Business Strategy and the Environment"},{"issue":"11","key":"key2024120604513304200_ref037","doi-asserted-by":"crossref","first-page":"7807","DOI":"10.3390\/su6117807","article-title":"Environmental performance in countries worldwide: determinant factors and multivariate analysis","volume":"6","year":"2014","journal-title":"Sustainability"},{"issue":"13","key":"key2024120604513304200_ref039","article-title":"Mapping and clustering analysis on environmental, social and governance field a bibliometric analysis using Scopus","volume":"13","year":"2021","journal-title":"Sustainability"},{"issue":"1","key":"key2024120604513304200_ref040","first-page":"51","article-title":"Corporate social responsibility theories: mapping the territory","volume":"53","year":"2004","journal-title":"Journal of Business Ethics"},{"issue":"98","key":"key2024120604513304200_ref041","doi-asserted-by":"publisher","first-page":"2338","DOI":"10.1016\/j.jbankfin.2011.02.007","article-title":"Does corporate social responsibility affect the cost of capital?","volume":"35","year":"2011","journal-title":"Journal of Banking and Finance"},{"key":"key2024120604513304200_ref123","year":"2021"},{"key":"key2024120604513304200_ref042","volume-title":"A Unified Standard Needed to Take ESG to the Next Level","author":"GRESB","year":"2021"},{"issue":"76","key":"key2024120604513304200_ref043","doi-asserted-by":"crossref","first-page":"343","DOI":"10.1080\/00014788.1989.9728863","article-title":"Corporate social reporting: a rebuttal of legitimacy theory","volume":"19","year":"1989","journal-title":"Accounting and Business Research"},{"issue":"2","key":"key2024120604513304200_ref044","doi-asserted-by":"crossref","first-page":"614","DOI":"10.1108\/BIJ-01-2018-0020","article-title":"Modified total interpretive structural modelling (TISM) of asymmetric motives and its drivers in Indian bilateral CBJV","volume":"26","year":"2019","journal-title":"Benchmarking: An International Journal"},{"issue":"1","key":"key2024120604513304200_ref045","doi-asserted-by":"crossref","first-page":"41","DOI":"10.1080\/0963818042000279722","article-title":"The value relevance of environmental performance","volume":"14","year":"2005","journal-title":"European Accounting Review"},{"key":"key2024120604513304200_ref046","volume-title":"The Social Responsibilities of Business: Company and Community 1900-1960","year":"1970"},{"issue":"2","key":"key2024120604513304200_ref047","doi-asserted-by":"crossref","first-page":"172","DOI":"10.5465\/amr.2010.0363","article-title":"Toward an understanding of the psychology of stewardship","volume":"37","year":"2012","journal-title":"Academy of Management Review"},{"issue":"1","key":"key2024120604513304200_ref048","doi-asserted-by":"crossref","first-page":"4","DOI":"10.1108\/01140581311318940","article-title":"Corporate governance and different types of voluntary disclosure: evidence from Malaysian listed firms","volume":"25","year":"2013","journal-title":"Pacific Accounting Review"},{"issue":"1-2","key":"key2024120604513304200_ref049","doi-asserted-by":"crossref","first-page":"158","DOI":"10.1111\/jbfa.12183","article-title":"The effects of corporate and country sustainability characteristics on the cost of debt: an international investigation","volume":"43","year":"2016","journal-title":"Journal of Business Finance and Accounting"},{"issue":"5","key":"key2024120604513304200_ref050","doi-asserted-by":"crossref","first-page":"644","DOI":"10.1016\/j.techfore.2008.08.014","article-title":"Corporate culture, strategic orientation, and business performance: new approaches to modeling complex relationships","volume":"76","year":"2009","journal-title":"Technological Forecasting and Social Change"},{"issue":"3","key":"key2024120604513304200_ref051","doi-asserted-by":"crossref","first-page":"237","DOI":"10.1080\/1226508X.2019.1643059","article-title":"Integrating alternative data (also known as ESG data) in investment decision making","volume":"48","year":"2019","journal-title":"Global Economic Review"},{"key":"key2024120604513304200_ref052","volume-title":"Business Strategy for Sustainable Development: Leadership and Accountability","year":"1992"},{"issue":"9","key":"key2024120604513304200_ref053","doi-asserted-by":"crossref","first-page":"1691","DOI":"10.1016\/j.ecolecon.2011.05.010","article-title":"How does environmental performance affect financial performance? Evidence from Japanese manufacturing firms","volume":"70","year":"2011","journal-title":"Ecological Economics"},{"key":"key2024120604513304200_ref054","volume-title":"Levels of Socio-Economic Development Theory","year":"1998","edition":"2nd ed."},{"issue":"3","key":"key2024120604513304200_ref055","doi-asserted-by":"crossref","first-page":"297","DOI":"10.1111\/1468-036X.00158","article-title":"Value maximization, stakeholder theory, and the corporate objective function","volume":"7","year":"2001","journal-title":"European Financial Management"},{"key":"key2024120604513304200_ref056","unstructured":"Jensen, M.C. and Meckling, W.H. (2019), \u201cTheory of the firm: managerial behavior, agency costs and ownership structure\u201d, in Corporate Governance, Gower, pp.\u00a077-132."},{"key":"key2024120604513304200_ref057","volume-title":"Business in Contemporary Society: Framework and Issues","year":"1971"},{"issue":"2","key":"key2024120604513304200_ref058","doi-asserted-by":"crossref","first-page":"241","DOI":"10.1111\/1467-6486.00092","article-title":"Performance implications of incorporating natural environmental issues into the strategic planning process: an empirical assessment","volume":"35","year":"1998","journal-title":"Journal of Management Studies"},{"issue":"1","key":"key2024120604513304200_ref059","doi-asserted-by":"crossref","first-page":"1","DOI":"10.1007\/s10551-013-1637-y","article-title":"Sustainability reporting and assurance: a historical analysis on a worldwide phenomenon","volume":"120","year":"2014","journal-title":"Journal of Business Ethics"},{"key":"key2024120604513304200_ref060","doi-asserted-by":"publisher","DOI":"10.1016\/j.jclepro.2020.120718","article-title":"Green logistics performance and sustainability reporting practices of the logistics sector: the moderating effect of corporate governance","volume":"258","year":"2020","journal-title":"Journal of Cleaner Production"},{"issue":"2","key":"key2024120604513304200_ref061","first-page":"1","article-title":"Total interpretive structural modeling of emotional intelligence at workplace","volume":"2","year":"2015","journal-title":"International Journal of Applied Management Sciences and Engineering (IJAMSE)"},{"key":"key2024120604513304200_ref062","doi-asserted-by":"crossref","first-page":"391","DOI":"10.1007\/s40171-015-0113-1","article-title":"A flexible approach towards effective teaching: use of social media by teachers","volume":"16","year":"2015","journal-title":"Global Journal of Flexible Systems Management"},{"issue":"3","key":"key2024120604513304200_ref063","doi-asserted-by":"crossref","first-page":"184","DOI":"10.1177\/0972262916651532","article-title":"Modelling enhancement of team emotional intelligence","volume":"20","year":"2016","journal-title":"Vision"},{"issue":"4","key":"key2024120604513304200_ref064","doi-asserted-by":"crossref","first-page":"297","DOI":"10.1111\/j.1835-2561.2008.0036.x","article-title":"What drives TBL reporting: good governance or threat to legitimacy?","volume":"18","year":"2008","journal-title":"Australian Accounting Review"},{"issue":"2","key":"key2024120604513304200_ref065","doi-asserted-by":"crossref","first-page":"308","DOI":"10.2307\/259084","article-title":"Transnational transfer of strategic organizational practices: a contextual perspective","volume":"24","year":"1999","journal-title":"Academy of Management Review"},{"key":"key2024120604513304200_ref066","volume-title":"KPMG International Survey of Environmental Reporting 1999","author":"KPMG","year":"1993"},{"key":"key2024120604513304200_ref067","volume-title":"KPMG International Survey of Corporate Sustainability Reporting 2002","author":"KPMG","year":"2002"},{"key":"key2024120604513304200_ref068","volume-title":"ESG Reporting and its Framework in India","year":"2022"},{"issue":"21","key":"key2024120604513304200_ref069","article-title":"ESG: research progress and future prospects","volume":"13","year":"2021","journal-title":"Sustainability"},{"issue":"4","key":"key2024120604513304200_ref070","doi-asserted-by":"crossref","first-page":"438","DOI":"10.1002\/bse.1927","article-title":"Integrating environmental, social and governance (ESG) disclosure for a sustainable development: an Australian study","volume":"26","year":"2017","journal-title":"Business Strategy and the Environment"},{"issue":"3","key":"key2024120604513304200_ref071","doi-asserted-by":"crossref","first-page":"409","DOI":"10.1007\/s10551-008-0007-7","article-title":"Causality between corporate social performance and financial performance: evidence from Canadian firms","volume":"89","year":"2009","journal-title":"Journal of Business Ethics"},{"key":"key2024120604513304200_ref072","article-title":"Spirituality, stewardship, and financial decision\u2010making: toward a theory of intertemporal stewardship","year":"2007","journal-title":"Managerial Finance"},{"issue":"4","key":"key2024120604513304200_ref073","doi-asserted-by":"crossref","first-page":"430","DOI":"10.1016\/j.jbusres.2003.09.002","article-title":"Challenges of the \u2018green imperative\u2019: a natural resource-based approach to the environmental orientation\u2013business performance relationship","volume":"58","year":"2005","journal-title":"Journal of Business Research"},{"key":"key2024120604513304200_ref074","doi-asserted-by":"crossref","first-page":"150","DOI":"10.1016\/j.ecolecon.2014.11.010","article-title":"Unraveling the effects of environmental outcomes and processes on financial performance: a non-linear approach","volume":"109","year":"2015","journal-title":"Ecological Economics"},{"issue":"4","key":"key2024120604513304200_ref075","doi-asserted-by":"crossref","first-page":"571","DOI":"10.1007\/s10551-010-0441-1","article-title":"Does corporate social responsibility influence firm performance of Indian companies?","volume":"95","year":"2010","journal-title":"Journal of Business Ethics"},{"key":"key2024120604513304200_ref076","doi-asserted-by":"publisher","first-page":"128","DOI":"10.1016\/j.jcorpfin.2015.08.003","article-title":"Business sustainability performance and cost of equity capital","volume":"34","year":"2015","journal-title":"Journal of Corporate Finance"},{"issue":"11\/12","key":"key2024120604513304200_ref077","doi-asserted-by":"crossref","first-page":"618","DOI":"10.1108\/01443331011085222","article-title":"The glass ceiling of corporate social responsibility: consequences of a business case approach towards CSR","volume":"30","year":"2010","journal-title":"International Journal of Sociology and Social Policy"},{"issue":"5","key":"key2024120604513304200_ref078","doi-asserted-by":"crossref","first-page":"468","DOI":"10.1111\/corg.12026","article-title":"Corporate governance and performance in socially responsible corporations: new empirical insights from a Neo\u2010Institutional framework","volume":"21","year":"2013","journal-title":"Corporate Governance: An International Review"},{"issue":"4","key":"key2024120604513304200_ref079","doi-asserted-by":"crossref","first-page":"575","DOI":"10.1108\/14691931011085696","article-title":"Intellectual capital reporting in sustainability reports","volume":"11","year":"2010","journal-title":"Journal of Intellectual Capital"},{"issue":"1","key":"key2024120604513304200_ref080","doi-asserted-by":"crossref","first-page":"145","DOI":"10.2307\/258610","article-title":"Strategic responses to institutional processes","volume":"16","year":"1991","journal-title":"Academy of Management Review"},{"key":"key2024120604513304200_ref081","doi-asserted-by":"crossref","first-page":"142","DOI":"10.1016\/j.rser.2014.05.012","article-title":"Competitive and responsible? The relationship between corporate social and financial performance in the energy sector","volume":"37","year":"2014","journal-title":"Renewable and Sustainable Energy Reviews"},{"issue":"9","key":"key2024120604513304200_ref082","article-title":"Drivers and barriers of Environmental, Social and Governance information in investment decision-making: the Spanish case","volume":"9","year":"2014","journal-title":"International Journal of Business and Management"},{"key":"key2024120604513304200_ref083","first-page":"323","article-title":"Creating shared value: how to reinvent capitalism\u2014and unleash a wave of innovation and growth","year":"2018","journal-title":"Managing Sustainable Business: An Executive Education Case and Textbook"},{"key":"key2024120604513304200_ref084","article-title":"Where ESG fails","year":"2019","journal-title":"Institutional Investor"},{"issue":"3","key":"key2024120604513304200_ref085","first-page":"31","article-title":"Modeling of continuity and change forces in private higher technical education using total interpretive structural modeling (TISM)","volume":"12","year":"2011","journal-title":"Global Journal of Flexible Systems Management"},{"issue":"6","key":"key2024120604513304200_ref126","first-page":"1959","article-title":"Technology management for innovation in organizations: an argumentation-based modified TISM approach.Benchmarking","volume":"28","year":"2021","journal-title":"An International Journal"},{"key":"key2024120604513304200_ref086","article-title":"Exploring the sustainability performances of firms using environmental, social, and governance scores","volume":"247","year":"2020","journal-title":"Journal of Cleaner Production"},{"issue":"2","key":"key2024120604513304200_ref087","doi-asserted-by":"crossref","first-page":"351","DOI":"10.1007\/s10551-008-9968-9","article-title":"Determinants of corporate social responsibility disclosure ratings by Spanish listed firms","volume":"88","year":"2009","journal-title":"Journal of Business Ethics"},{"key":"key2024120604513304200_ref088","volume-title":"The Sustainability Yearbook 2019","year":"2019"},{"issue":"5","key":"key2024120604513304200_ref089","doi-asserted-by":"crossref","first-page":"1149","DOI":"10.1007\/s11846-019-00358-z","article-title":"Corporate non-financial disclosure, firm value, risk, and agency costs: evidence from Italian listed companies","volume":"14","year":"2020","journal-title":"Review of Managerial Science"},{"issue":"6","key":"key2024120604513304200_ref090","doi-asserted-by":"crossref","first-page":"1845","DOI":"10.1108\/BIJ-04-2018-0114","article-title":"Performance relevance of environmental and social disclosures: the role of foreign ownership","volume":"26","year":"2019","journal-title":"Benchmarking: An International Journal"},{"key":"key2024120604513304200_ref091","doi-asserted-by":"publisher","DOI":"10.1016\/j.resconrec.2022.106571","article-title":"Environment-social-governance disclosures nexus between financial performance: a sustainable value chain approach","volume":"186","year":"2022","journal-title":"Resources, Conservation and Recycling"},{"issue":"4","key":"key2024120604513304200_ref131","doi-asserted-by":"crossref","first-page":"245","DOI":"10.1002\/sres.3850070404","article-title":"Impact of indirect relationships in classification of variables\u2014a micmac analysis for energy conservation","volume":"7","year":"1990","journal-title":"Systems Research"},{"key":"key2024120604513304200_ref132","volume-title":"Policy and Strategy Formulation: An Application of Flexible Systems Methodology","year":"2006"},{"issue":"1","key":"key2024120604513304200_ref092","doi-asserted-by":"crossref","first-page":"69","DOI":"10.1007\/s10551-009-0250-6","article-title":"CSR rating agencies: what is their global impact?","volume":"94","year":"2010","journal-title":"Journal of Business Ethics"},{"issue":"3","key":"key2024120604513304200_ref093","doi-asserted-by":"crossref","first-page":"540","DOI":"10.5465\/amr.2006.21318916","article-title":"A corporate social performance\u2013corporate financial performance behavioral model for consumers","volume":"31","year":"2006","journal-title":"Academy of Management Review"},{"key":"key2024120604513304200_ref094","first-page":"521","article-title":"Market response to environmental information produced outside the firm","year":"1983","journal-title":"Accounting Review"},{"issue":"2","key":"key2024120604513304200_ref095","doi-asserted-by":"crossref","first-page":"265","DOI":"10.1016\/j.bushor.2022.07.003","article-title":"Making the invisible, visible: overcoming barriers to ESG performance with an ESG mindset","volume":"66","year":"2023","journal-title":"Business Horizons"},{"issue":"4","key":"key2024120604513304200_ref096","doi-asserted-by":"crossref","first-page":"1515","DOI":"10.1108\/IJPPM-05-2020-0239","article-title":"Modified total interpretive structural modelling of innovation implementation antecedents","volume":"71","year":"2022","journal-title":"International Journal of Productivity and Performance Management"},{"issue":"3","key":"key2024120604513304200_ref097","doi-asserted-by":"crossref","first-page":"191","DOI":"10.1007\/s40171-018-0182-z","article-title":"Analyzing the determinants affecting the industrial competitiveness of electronics manufacturing in India by using TISM and AHP","volume":"19","year":"2018","journal-title":"Global Journal of Flexible Systems Management"},{"issue":"1","key":"key2024120604513304200_ref124","doi-asserted-by":"crossref","first-page":"516","DOI":"10.1080\/20430795.2021.1964810","article-title":"Institutional framework of ESG disclosures: comparative analysis of developed and developing countries","volume":"13","year":"2023","journal-title":"Journal of Sustainable Finance and Investment"},{"issue":"2","key":"key2024120604513304200_ref099","doi-asserted-by":"crossref","first-page":"74","DOI":"10.1002\/sd.229","article-title":"Reconciling sustainability and growth: criteria, indicators, policies","volume":"12","year":"2004","journal-title":"Sustainable Development"},{"key":"key2024120604513304200_ref100","volume-title":"The Roaring Nineties. A New History of the World's Most Prosperous Decade","year":"2003"},{"issue":"2","key":"key2024120604513304200_ref101","doi-asserted-by":"crossref","first-page":"87","DOI":"10.1007\/s40171-012-0008-3","article-title":"Interpreting the interpretive structural model","volume":"13","year":"2012","journal-title":"Global Journal of Flexible Systems Management`"},{"issue":"11-12","key":"key2024120604513304200_ref102","doi-asserted-by":"crossref","first-page":"999","DOI":"10.1080\/09537287.2017.1336794","article-title":"Multi-criteria valuation of flexibility initiatives using integrated TISM \u2013 IRP with a big data framework","volume":"28","year":"2017","journal-title":"Production Planning and Control"},{"issue":"4","key":"key2024120604513304200_ref103","doi-asserted-by":"crossref","first-page":"331","DOI":"10.1007\/s40171-017-0167-3","article-title":"Modified ISM\/TISM process with simultaneous transitivity checks for reduced direct pair comparisons","volume":"18","year":"2017","journal-title":"Global Journal of Flexible Systems Management"},{"issue":"2","key":"key2024120604513304200_ref104","doi-asserted-by":"crossref","first-page":"109","DOI":"10.1007\/s40171-018-0190-z","article-title":"Flexible systems methodology: a mixed-method\/multi-method research approach","volume":"19","year":"2018","journal-title":"Global Journal of Flexible Systems Management"},{"issue":"2","key":"key2024120604513304200_ref105","article-title":"Doing well by doing good: a systematic review and research agenda for sustainable investment","volume":"11","year":"2019","journal-title":"Sustainability"},{"issue":"8","key":"key2024120604513304200_ref106","doi-asserted-by":"crossref","first-page":"1660","DOI":"10.1108\/MD-01-2017-0018","article-title":"Transparency among S&P 500 companies: an analysis of ESG disclosure scores","volume":"55","year":"2017","journal-title":"Management Decision"},{"issue":"2","key":"key2024120604513304200_ref107","doi-asserted-by":"crossref","first-page":"221","DOI":"10.1108\/SRJ-02-2016-0031","article-title":"Corporate environmental responsibility and financial performance: does bidirectional causality work? Empirical evidence from the manufacturing industry","volume":"13","year":"2017","journal-title":"Social Responsibility Journal"},{"key":"key2024120604513304200_ref108","article-title":"The Paris Agreement","author":"United Nations","year":"2022","journal-title":"United Nations Climate Change"},{"issue":"4","key":"key2024120604513304200_ref109","doi-asserted-by":"crossref","first-page":"322","DOI":"10.1108\/JGR-01-2019-0001","article-title":"The bidirectional relationship between ESG performance and earnings management\u2013empirical evidence from Germany","volume":"10","year":"2019","journal-title":"Journal of Global Responsibility"},{"key":"key2024120604513304200_ref110","doi-asserted-by":"crossref","first-page":"179","DOI":"10.1016\/0165-4101(83)90011-3","article-title":"Discretionary disclosure","volume":"5","year":"1983","journal-title":"Journal of Accounting and Economics"},{"issue":"4","key":"key2024120604513304200_ref111","doi-asserted-by":"crossref","first-page":"365","DOI":"10.1016\/0165-4101(90)90021-U","article-title":"Information quality and discretionary disclosure","volume":"12","year":"1990","journal-title":"Journal of Accounting and Economics"},{"issue":"1-3","key":"key2024120604513304200_ref112","doi-asserted-by":"crossref","first-page":"97","DOI":"10.1016\/S0165-4101(01)00025-8","article-title":"Essays on disclosure","volume":"32","year":"2001","journal-title":"Journal of Accounting and Economics"},{"issue":"4","key":"key2024120604513304200_ref113","doi-asserted-by":"crossref","first-page":"303","DOI":"10.1002\/(SICI)1097-0266(199704)18:4<303::AID-SMJ869>3.0.CO;2-G","article-title":"The corporate social performance\u2013financial performance link","volume":"18","year":"1997","journal-title":"Strategic Management Journal"},{"issue":"1-2","key":"key2024120604513304200_ref114","doi-asserted-by":"crossref","first-page":"1","DOI":"10.1016\/j.fbj.2015.02.001","article-title":"The mediating effect of financial performance on the relationship between social responsibility and ownership structure","volume":"1","year":"2015","journal-title":"Future Business Journal"},{"key":"key2024120604513304200_ref115","article-title":"Does environmental information disclosure contribute to improve firm financial performance? An examination of the underlying mechanism","volume":"714","year":"2020","journal-title":"Science of the Total Environment"},{"key":"key2024120604513304200_ref116","doi-asserted-by":"crossref","first-page":"1589","DOI":"10.1111\/acfi.12638","article-title":"Measurement concerns and agreement of environmental social governance ratings","volume":"61","year":"2021","journal-title":"Accounting and Finance"},{"key":"key2024120604513304200_ref117","article-title":"How volatility in green financing, clean energy, and green economic practices derive sustainable performance through ESG indicators? A sectoral study of G7 countries","volume":"75","year":"2022","journal-title":"Resources Policy"},{"issue":"7","key":"key2024120604513304200_ref127","doi-asserted-by":"crossref","first-page":"987","DOI":"10.1002\/bse.2047","article-title":"Environmental, social and governance transparency and firm value","volume":"27","year":"2018","journal-title":"Business Strategy and the Environment"},{"key":"key2024120604513304200_ref118","article-title":"International variations in ESG disclosure\u2013do cross-listed companies care more?","volume":"75","year":"2021","journal-title":"International Review of Financial Analysis"},{"key":"key2024120604513304200_ref119","doi-asserted-by":"publisher","first-page":"224","DOI":"10.1016\/j.ijpe.2019.06.013","article-title":"Green human resource management and environmental cooperation: an ability-motivation-opportunity and contingency perspective","volume":"219","year":"2020","journal-title":"International Journal of Production Economics"},{"key":"key2024120604513304200_ref120","volume-title":"Impact of the Financial Crisis on Carbon Economics: Version 2.1 of the Global Greenhouse Gas Abatement Cost Curve","year":"2010"},{"key":"key2024120604513304200_ref121","volume-title":"KPMG International Survey of Corporate Responsibility Reporting 2008","author":"KPMG","year":"2008"},{"key":"key2024120604513304200_ref122","volume-title":"The Road Ahead: The KPMG Survey of Corporate Responsibility Reporting 2017","author":"KPMG","year":"2017"}],"container-title":["Kybernetes"],"original-title":[],"language":"en","link":[{"URL":"https:\/\/www.emerald.com\/insight\/content\/doi\/10.1108\/K-05-2023-0888\/full\/xml","content-type":"application\/xml","content-version":"vor","intended-application":"text-mining"},{"URL":"https:\/\/www.emerald.com\/insight\/content\/doi\/10.1108\/K-05-2023-0888\/full\/html","content-type":"unspecified","content-version":"vor","intended-application":"similarity-checking"}],"deposited":{"date-parts":[[2025,7,24]],"date-time":"2025-07-24T21:48:37Z","timestamp":1753393717000},"score":1,"resource":{"primary":{"URL":"http:\/\/www.emerald.com\/k\/article\/53\/12\/5775-5800\/1220331"}},"subtitle":[],"short-title":[],"issued":{"date-parts":[[2023,9,19]]},"references-count":128,"journal-issue":{"issue":"12","published-online":{"date-parts":[[2023,9,19]]},"published-print":{"date-parts":[[2024,12,9]]}},"alternative-id":["10.1108\/K-05-2023-0888"],"URL":"https:\/\/doi.org\/10.1108\/k-05-2023-0888","relation":{},"ISSN":["0368-492X"],"issn-type":[{"value":"0368-492X","type":"print"}],"subject":[],"published":{"date-parts":[[2023,9,19]]}}}