Firms Sustainability and Performance: Critical Insights from Bibliometric Review and Content Analysis

Abstract

The concept of sustainability has gained paramount importance in business, economic, and financial literature. Despite numerous research studies being conducted on the relationship between firm’s sustainability and performance, there is still a paucity of a comprehensive review on this topic. Hence, a bibliometric analysis of 1183 articles have been conducted with an aim to identify research gaps and propose the scope for future research. Data retrieved from SCOPUS and Web of Science has been screened using PRISMA framework. The study focusses on comparative analysis, performance analysis, and scientific mapping of sorted data. The results suggest a growing interest of academicians in sustainability. Additionally, co-word analysis has been conducted to ascertain frequently used words in the literature. Furthermore, content analysis has been conducted for highly cited documents to identify prominent theories guiding the relationship and preferred parameters of both sustainability and performance. This study would be helpful for aspiring researchers in understanding the historical background, the advancements and comprehending the idea.

Keywords: Bibliometric Analysis, Content Analysis, ESG, Firm’s Performance, Sustainability

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