Document Type
Editorial
Publication Date
2025
Abstract
Environmental, social and governance (ESG) principles were initially conceived as a transformative framework to promote sustainability, accountability and more ethical business practices. Over time, however, the focus of ESG has shifted and several unexpected and inadvertent consequences have begun to materialize. For small and medium-sized enterprises (SMEs), what was intended as a guiding light often became a burdensome labyrinth of bureaucratic compliance (Passerini et al., 2024). Instead of empowering these enterprises to drive innovation and develop localized solutions to social issues, current ESG frameworks and subsequent regulations often,
DOI
10.1108/NEJE-12-2025-127
Recommended Citation
El Tarabishy, A., Lee, Y., Cortes, A. F., & Ahlstrom, D. (2025). The direction of ESG for SMEs: From bureaucracy to innovation. New England Journal of Entrepreneurship, 28(2), 82-85. Doi: 10.1108/NEJE-12-2025-127
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