Characterization of CSR, ESG, and Corporate Citizenship through a Text Mining-Based Review of Literature

Jong Gyu Park, Kijung Park (), Heena Noh and Yong Geun Kim
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Jong Gyu Park: Chazanoff School of Business, College of Staten Island, The City University of New York, 2800 Victory Blvd, Staten Island, NY 10314, USA
Kijung Park: Department of Industrial and Management Engineering, Incheon National University, 119 Academy-ro, Incheon 22012, Republic of Korea
Heena Noh: Department of Industrial and Management Engineering, Incheon National University, 119 Academy-ro, Incheon 22012, Republic of Korea
Yong Geun Kim: Corporate Citizenship Research Institute, POSTECH, 514 Bongeunsa-ro, Seoul 06163, Republic of Korea

Sustainability, 2023, vol. 15, issue 5, 1-12

Abstract: As the social and environmental roles of companies have been emphasized by various stakeholders, the concepts of CSR (corporate social responsibility), ESG (environmental, social, governance), and corporate citizenship have received a great deal of attention in academia and industry. To understand and distinguish corporate responsibility approaches in the literature, this study employs text mining techniques to comprehensively analyze the summary information of 1235 articles (i.e., title, abstract, and keywords) on CSR, ESG, and corporate citizenship. First, frequently occurring terms in text datasets related to CSR, ESG, and corporate citizenship are analyzed to extract conceptual commonalities and differences. Then, correlated topic modeling is applied to the collected text datasets to identify underlying topics widely discussed in CSR, ESG, and corporate citizenship related studies. The results of this study show that corporate citizenship is not only a high-level concept that encompasses ESG and CSR, but also a broad concept with missions that are associated with various societal areas. The findings from this study also reveal that employees, as the principal agents of corporate citizenship practice, are more critical than other stakeholders of corporate citizenship practice.

Keywords: corporate citizenship; CSR; ESG; text mining; correlated topic modeling (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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