ESG 경영성과에 대한 연구의 현황과 발전방향 -한국과 중국을 중심으로-

Abstract

As ESG management is becoming an essential condition for the survival of companies around the world, social demands and expectations for companies are growing in Korea and China as well. As required in the field of social sciences, it is important to review the results of related studies and to examine whether the results can be applied to similar contexts. The purpose of this study is to present the current status and future development direction through a comprehensive analysis of the literature related to ESG management and its performance in the strategic management field in Korea and China. To do this, we first look at the ESG concept and related terms. Although traditionally focused on financial performance, such as economic performance, sustainability management is starting to consider non-financial performance as well. The literature reports on the contribution of ESG-based non-financial performance to a company’s sustainability. We then select the empirical literature that relies on specific measures of sustainable management and review the results. A total of 31 studies published in related journals in Korea and China are selected using various criteria such as keywords and research methods, and the ESG evaluation system used in most studies and methodological problems inherent in the data are systematically reviewed. However, due to the lack of sufficient sample, the failure to distinguish and analyze the industrial characteristics of the company remains an issue to be addressed in future studies.