Non-financial signals are increasingly considered

The gap

Evidence profile

Sourced from the conclusions and recommendations and future-work section and abstract of the source papers, classified as general, spanning 4 journals.

Supporting evidence — 4 representative gaps

• Disentangling Environmental Social and Governance (ESG) Performance To Enhance Firm Value (2026) · Ikonomičeski izsledvaniâ · doi

  Given that this study failed to evidence significant association between ESG controversies and firm value, future research could address this limitation by expanding the sample period, including more countries, employing different measures of ESG controversies or introducing moderating variables such as media coverage, ownership structure and industry sensitivity.

  generalconclusionsevidence 5/5
  Keywords: controversies given failed evidence significant association firm value future address limitation expanding sample period including
• The Effect of ESG Disclosure, Green Investment, and Board Gender Diversity on Corporate Reputation (2026) · Jurnal Ragam Pengabdian · doi

  Companies should enhance the quality and transparency of their ESG disclosures in annual and sustainability reports. Detailed, measurable, and verified disclosures will boost a company's credibility with stakeholders and improve its reputation.  6549 The Effect of ESG Disclosure, Green Investment, and Board Gender Diversity on Corporate Reputation) (Razaq et al. eISSN 3063-802X & pISSN 3063-8011 Businesses should incorporate ESG practices into their business strategies and corporate communications. ESG practices should be seen not just as compliance or philanthropy but as a core component of a strategy to generate long-term value.

  generalrecommendationsevidence 5/5
  Keywords: disclosures reputation green corporate practices companies enhance quality transparency annual sustainability reports detailed measurable verified
• Assessment of Corporate Sustainable Development: the Integral Esg Index as a Tool For Competitiveness Analysis (2026) · Journal of Vasyl Stefanyk Precarpathian National University · doi

  Further research is needed to develop a more comprehensive framework for assessing the effectiveness of ESG practices. The study can be extended to include a larger sample of companies from different sectors and countries. The impact of ESG instruments on financial performance, non-financial outcomes, and the long-term resilience of enterprises can be further analyzed.

  generalfuture-work sectionevidence 5/5
  Keywords: further research needed develop comprehensive framework assessing effectiveness
• ESG Disclosure Quality and Perceived Investment Attractiveness: The Roles of Corporate Reputation, Stakeholder Trust, and Green Innovation, and the Moderating Role of Perceived Investor Confidence (2026) · Horizons Intermediary Journal of Business Research · doi

  Non-financial signals are increasingly considered alongside financial performance in capital markets, yet little is known about how ESG disclosure quality, corporate reputation, stakeholder trust, and green innovation are jointly associated with investment attractiveness in frontier markets, or whether investor confidence conditions these associations.

  generalabstractevidence 3/5
  Keywords: financial markets signals increasingly considered alongside performance capital little known disclosure quality corporate reputation stakeholder

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