Editorial: Environmental, social, and corporate governance and sustainability

Frontiers in Psychology

article

Taewoo Roh¹  Minwoo Lee²  Byung Il Park³ 

[1]Global Business School, Soonchunhyang University

[2]Conrad N. Hilton College of Hotel and Restaurant Management, University of Houston

[3]College of Business, Hankuk University of Foreign Studies

关键词: environmental;    social;    governance;    ESG;    sustainability;    CSR;   

DOI  :  10.3389/fpsyg.2022.1062757

学科分类：社会科学、人文和艺术（综合）

来源: Frontiers

【 摘 要 】

We are currently witnessing dramatic changes in the business environment (Lee et al., 2015), and there is an increasing need for firms to adequately deal with environmental issues, satisfy social expectations, and design appropriate corporate governance. These changes have also been eye-opening for academic researchers and practitioners in terms of the importance of environmental, social, and corporate governance. Specifically, we assume that the global financial crisis, which initially began in the United States in 2008 before spreading to the global economy, functioned as an opportunity to think about the sustainability of corporate investment and its impacts on societies as the crisis directly triggered alterations around the business ecosystem. In other words, the global financial crisis pushed ESG to the forefront of scholarly attention, thus causing it to become a significant practical agenda, and it would not have emerged as rapidly without the catalyst of the crisis. Before 2008, the concept of ESG was not widely known. Although corporate social responsibility (CSR) already existed, the scope of this notion was much narrower. This was due to the fact that firms tended to consider it as part of their strategies and buried themselves in returns through CSR (Hong et al., 2022).

【 授权许可】

CC BY