Purpose: The objective was to analyze ESG performance and firms’ corporate financial performance using bibliometric and meta-analytic methods to identify the most influential authors, journals, and articles in the field and to calculate the financial impact of environmental, social, and governance (ESG).

Methodology: A total of 1,128 documents were sourced from the Scopus database and refined using PRISMA to conduct a bibliometric analysis. Of these, 550 articles were included in the meta-analysis using a random-effects model.

Findings: We reported a growing trend in the publication examining the relation between ESG and Corporate Financial Performance (CFP) literature. The meta-analysis results indicated a positive relationship between ESG and CFP. Practical

Implications: The findings suggested that managers, investors, and policymakers should recognize firms’ practice of ESG criteria as it creates long-term firm value and sustainable financial performance.

Originality: This study was among the first to integrate bibliometric, thematic, and meta-analysis to examine ESG–CFP relationship, thereby advancing previous literature.

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