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Current Status and Future Directions of Research on “Sustainable Management”: Focusing on the ESG Measurement Index
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“지속가능경영” 연구의 현황 및 발전방향: ESG 평가지표를 중심으로

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Type
Academic journal
Author
Jeongki Lee (고려대학교) Jay Hyuk Rhee (고려대학교)
Journal
Korean Strategic Management Society Journal of Strategic Management Vol.23 No.2 KCI Accredited Journals
Published
2020.8
Pages
65 - 92 (28page)

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Current Status and Future Directions of Research on “Sustainable Management”: Focusing on the ESG Measurement Index
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Sustainable management has emerged as an important research topic in the field of strategic management, with the growing concerns of corporations’ sustainability under the current business conditions. As required in the field of social science, it is important to review the results of the relevant studies and examine whether those results can be applicable to the similar context. For this purpose, we first review terminologies related to sustainable management. While it has traditionally focused on such financial performance as economic results, sustainable management begins to consider non-financial performance as well. The literature reports the contribution of non-financial performance based on ESG (environment, social, governance) to corporations’ sustainability. We then select empirical literature that relies on specific measurements of sustainable management and review its results. Using diverse criteria that include key words and study period, we select a total of 25 studies published in business-related journals in Korea and find that most studies use ESG data released by KEJI or KCGS. In a systematic way, we review methodological issues inherent in the ESG data. We discuss methodological issues future study should consider in order to generalize those results that a corporation’s sustainability can be increased when ESG activities can be successfully implemented. We also report this study’s academic and practical implications as well as its limitations.

Contents

Ⅰ. 서론
Ⅱ. 지속가능경영: 개념 및 조작적 정의
Ⅲ. 지속가능경영: 학술연구 내용 및 평가지표 활용 분석
Ⅳ. 평가지표 분석
Ⅴ. 결론 및 시사점
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UCI(KEPA) : I410-ECN-0101-2020-324-001140975