Page 11 - Azerbaijan State University of Economics

THE Florentin Emil Tănasă, Marian Siminică, Florian Marcel Nuță: The Role of Sustainability
Reporting for Enhancing the Corporate Credibility. A Literature Review

In summary, the results show that although the literature unanimously supports the
introduction of mandatory sustainability auditing as a solution to the credibility crisis,
its success is not guaranteed. It is conditional on resolving the debate on the level of
disclosure (limited vs. reasonable) and, above all, on the ability of companies to
overcome significant internal barriers related to data, processes and governance.

The conceptual networks and overlaying
The VosViewer mapping was employed to include two sets of keywords. The first
simulation included 150 Keywords, while the second was reduced to the most relevant
107 keywords. The study used the Web of Science database to collect the information
based on title, abstract, and keywords. The search results were refined to include
“articles” and “review articles” publish between 2020 and 2025.

Figure 1: Literature density (150 keywords)

According to these results, the densest research was conducted around four major
concepts: ESG, performance, impact, corporate social responsibility, and governance
(Figure 1 & 2). Concepts such as sustainability, financial performance, and ESG
performance were closely behind showing the emergence of research interests for the
sustainability reporting for companies’ financial performance or the ESG performance
as a standalone indicator for companies’ activity.

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