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Review Open access Aug 2026

Does ESG Disclosure Create Value? A Critical Review of the Evidence, with Attention to Emerging and Transition Economies

Whether environmental, social, and governance (ESG) disclosure creates shareholder value is one of the most studied and least settled questions in modern corporate finance. This paper critically reviews the theoretical arguments and empirical evidence on the ESG disclosure–firm value relationship, with particular atten...

Haseeb Anwar, S. Shah, M. Urrahman · 0 citations
Review Open access Aug 2026

Trade Policy Uncertainty and Small Firm Internationalisation: A Review and Conceptual Framework

Trade policy uncertainty has moved from the periphery to the centre of international economics over the past decade, driven by episodes including Brexit, the US–China tariff conflict, and the weakening of multilateral trade governance. While a substantial literature now documents the effects of trade policy uncertainty...

Muhammad Shoaib, S. Shah, Parth Chudasama · 0 citations

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