Transparency and Corporate Washing in the Age of Sustainability: An Operational Research Agenda to Evaluate Corporate Sustainability Disclosure

  • Konstantina Ragazou
  • , Constantin Zopounidis
  • , Emilios Galariotis
  • , Nikolaos Sariannidis
  • , Georgia Zournatzidou

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

Abstract

This book provides a comprehensive analysis of the various frameworks associated with financial corporate washing. It examines the factors influencing these practices and explores their connection to environmental, social, and governance (ESG) strategies, through the use of operations research methods. ESG investors thoroughly evaluate a company's environmental, social, and governance factors before investing, reflecting the growing global emphasis on sustainability. As climate change risks rise and sustainability becomes more important, many organizations have begun to adapt, though some resort to greenwashing, misleadingly presenting their practices as eco-friendly despite ongoing harmful activities. This book offers a thorough examination of the strategies used by financial institutions, such as greenwashing, bluewashing, social washing, and pinkwashing. It aims to address corporate washing by highlighting its various forms within the financial sector, providing policymakers and stakeholders with insights to develop effective strategies and practices to counteract these deceptive practices.

Original languageEnglish
Title of host publicationManagement for Professionals
PublisherSpringer Nature
Pages1-120
Number of pages120
DOIs
StatePublished - 2025
Externally publishedYes

Publication series

NameManagement for Professionals
VolumePart F760
ISSN (Print)2192-8096
ISSN (Electronic)2192-810X

Bibliographical note

Publisher Copyright:
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2025.

Keywords

  • AHP
  • Bluewashing
  • Brownwashing
  • Climate change
  • Corporate washing
  • ESG
  • Efficiency
  • Financial sector
  • Green investments
  • Greenwashing
  • Operational Research
  • SDGs
  • Sustainability
  • TOPSIS

ASJC Scopus subject areas

  • Accounting
  • Business, Management and Accounting (miscellaneous)
  • Finance
  • Economics, Econometrics and Finance (miscellaneous)

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