ESG Performance Meta-Analysis Across Industries and Regions

A meta-analysis document examines the relationship between Environmental, Social and Governance (ESG) performance and firm outcomes globally. The study by Mega Silvia, updated in May 2026, accounts for industry characteristics, regional differences, and disclosure quality. The findings show a generally positive relationship, with stronger associations in environmentally intensive industries and among firms with higher-quality ESG disclosures.

Use Cases

• Analyzing the correlation between ESG performance and financial outcomes based on the global meta-analysis.
• Investigating how ESG disclosure quality influences performance relationships as described in the study.
• Comparing ESG impact across different industries and regions based on the contextual analysis.
• Evaluating methodological rigor in ESG research based on the study's robustness checks.

Strengths

• The study accounts for multiple contextual factors including industry characteristics, regional differences, and disclosure quality.
• A range of robustness checks supports the consistency of the results.
• The document is licensed under CC-BY-4.0, allowing for open sharing and reuse.

Limitations

• The evidence remains correlational, with potential endogeneity issues limiting causal interpretation.
• Column-level documentation is absent; field semantics must be inferred after download.
• The dataset is a 319.1 KB DOCX file, indicating a limited scope suitable for document analysis rather than large-scale data processing.

Provenance

Source

figshare

Collection Method

Meta-analysis of existing studies.

Freshness

Last updated 2026-05-06 12:08:25; freshness should be verified.

Geography

Global