Published Online:January 2026
Product Name:The IUP Journal of Accounting Research & Audit Practices
Product Type:Article
Product Code:IJARAP160126
DOI:10.71329/IUPJARAP/2026.25.1.350-376
Author Name:Sneha Sarah Alex and Garima Sisodia
Availability:YES
Subject/Domain:Finance
Download Format:PDF
Pages:350-376
This study aims to systematically map and synthesize existing knowledge in the domain of sustainable and green finance from 2014 to 2024, offering insights into intellectual evolution, thematic structure, and implications for accounting and financial reporting. The study adopts a methodological design that combines bibliometric analysis with a systematic literature review guided by the PRISMA framework. From an initial dataset of 6,144 Scopus- Indexed publications, 184 articles ultimately met the inclusion criteria and were selected for in-depth analysis. Using Biblioshiny (R Studio) and VOSviewer, the study uncovers publication trends, influential sources, the origins, promoters, issues, challenges, and thematic analysis. The findings show a sharp post-2020 surge in scientific output, driven by regulatory reforms and expanding ESG mandates. The analysis identifies four dominant clusters—Decarbonization, Green Finance & Markets, Integrated reporting, and Climate Change Risk Management—and traces their theoretical foundations through Stakeholder, Institutional, and Legitimacy, and Signaling Theory. The review also highlights research priorities: strengthening reporting standards, improving transparency, mitigating greenwashing, leveraging digital technologies, and enhancing institutional capacity.
Corporate reporting is undergoing a profound transformation, shifting from a narrow focus on traditional financial statements to a broader framework that integrates both financial and nonfinancial information