Aug 2026· Sustainability· 0 citations· 56 references
Abstract
Sustainable development is multidimensional, yet governance is often examined through aggregate SDG performance, leaving limited understanding of whether different governance dimensions are equally salient across economic, social, and environmental domains. This study investigates domain-specific governance salience using cross-national data from 2015 to 2024. Governance is measured through the Worldwide Governance Indicators, while sustainability performance is modeled through the overall SDG index and three domain-specific indices covering economic, social, and environmental sustainability. Tree-based machine learning and SHAP analysis are used to compare the relative importance of governance indicators and socioeconomic control variables. The findings reveal a domain-sensitive governance pattern that is obscured by aggregate SDG performance. Governance indicators are secondary in the overall SDG model but become more salient in the economic dimension, especially through Government Effectiveness, Rule of Law, and Regulatory Quality. In the social dimension, governance retains moderate relevance alongside health and development-related conditions. By contrast, the environmental domain exhibits limited predictability, highlighting an important boundary condition in the role of governance. Further analysis of high-income countries reveals that specific governance dimensions exhibit greater predictive relevance, although the overall governance pattern remains less consistent. These findings provide support for a metagovernance-informed perspective, showing that the relevance of governance for sustainable development differs across sustainability domains.
Sustainable development is increasingly reshaping corporate strategies, particularly in emerging markets such as India, where environmental, social, and governance (ESG) integration has become pivotal for long‐term value creation. This study examines the impact of ESG performance on firm outcomes for Nifty 500 firms...
Rizwana Khurshid, A. Islam· Business Strategy & Deve...· 0 citations
This study investigates the effects of governance quality and regulatory quality on sustainable business performance among publicly listed firms in Nigeria. Grounded in Institutional Theory, Stakeholder Theory, and the Triple Bottom Line (TBL) framework , the study examines how institutional quality influences firms' e...
U. Abbo· Australian Journal of Busine...· 0 citations
Governance systems across sectors exhibit significant variability in their ability to integrate
artificial intelligence, real-time monitoring, and adaptive oversight. While some sectors
demonstrate advanced governance maturity—characterized by continuous sensing, predictive
analytics, and event-validated learning—other...
Dr. Robb Shawe· International journal of adv...· 0 citations
Global supply chains face increasing sustainability‐related risks, yet evidence regarding the financial benefits of environmental, social, and governance (ESG) initiatives remains mixed. We argue that these inconsistencies arise because ESG dimensions operate through different value‐creation mechanisms and because ex...
S. Bhatnagar, R. Kumar· Sustainable Development· 0 citations
This study examines the relationship between environmental, social, and governance performance and systematic risk, measured by equity beta, across firms operating in different institutional environments. Using a cross-sectional dataset of 2,683 publicly listed firms from Europe and the Middle East and North Africa, th...
Viviane Naimy, W. P. Chiou· Business Research Proceeding...· 0 citations
This study investigates how Environmental, Social, and Governance (ESG) performance related to corporate performance among firms listed on Thailand Sustainability Investment (THSI) index from 2018 to 2022, that are part of the Stock Exchange of Thailand (SET). This research utilizes agency theory and stakeholder theory...
Pakkamon Charoensuk, Chaimongkol Pholkaew, Kusuma Dampitakse· Asian Economic and Financial...· 0 citations
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