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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">caer</journal-id><journal-title-group><journal-title xml:lang="ru">Central Asian Economic Review</journal-title><trans-title-group xml:lang="en"><trans-title>Central Asian Economic Review</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2789-4398</issn><issn pub-type="epub">2789-4401</issn><publisher><publisher-name>Университет Нархоз</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.52821/2789-4401-2023-2-105-117</article-id><article-id custom-type="elpub" pub-id-type="custom">caer-830</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>НАЦИОНАЛЬНАЯ ЭКОНОМИКА: ВЕКТОРЫ РАЗВИТИЯ</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>NATIONAL ECONOMY: DEVELOPMENT VECTORS</subject></subj-group></article-categories><title-group><article-title>Влияние ESG на инвестиционную привлекательность бизнеса</article-title><trans-title-group xml:lang="en"><trans-title>Impact of ESG on the investment attractiveness of business</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0003-4413-7204</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Адамбеков</surname><given-names>Н. Т.</given-names></name><name name-style="western" xml:lang="en"><surname>Adambekov</surname><given-names>N. T.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Алматы</p></bio><bio xml:lang="en"><p>Nurbek T. Adambekov - MSc, senior lector of International IT University Economics and Business Department.</p><p>Almaty</p></bio><email xlink:type="simple">nuradamsdu@gmail.com</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0001-9325-5181</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Адамбекова</surname><given-names>Ж. А.</given-names></name><name name-style="western" xml:lang="en"><surname>Adambekova</surname><given-names>Zh. A.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Алматы</p></bio><bio xml:lang="en"><p>Zhuldyz A. Adambekova - MSc, vice-dean of Higher School of Economics and Management of Caspian University.</p><p>Almaty</p></bio><email xlink:type="simple">ssccu9@gmail.com</email><xref ref-type="aff" rid="aff-2"/></contrib><contrib contrib-type="author" corresp="yes"><contrib-id contrib-id-type="orcid">https://orcid.org/0000-0002-8425-1872</contrib-id><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Филиповска</surname><given-names>А.</given-names></name><name name-style="western" xml:lang="en"><surname>Filipowska</surname><given-names>A.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Познань</p></bio><bio xml:lang="en"><p>Agata Filipowska - PhD, Poznan University of Economics and Business.</p><p>Poznan</p></bio><email xlink:type="simple">agata.filipowska@gmail.com</email><xref ref-type="aff" rid="aff-3"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru">Международный Университет Информационных Технологий<country>Казахстан</country></aff><aff xml:lang="en">International IT University<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-2"><aff xml:lang="ru">Каспийский Университет<country>Казахстан</country></aff><aff xml:lang="en">Caspian University<country>Kazakhstan</country></aff></aff-alternatives><aff-alternatives id="aff-3"><aff xml:lang="ru">Познаньский Университет Экономики и Бизнеса<country>Польша</country></aff><aff xml:lang="en">Poznan University of Economics and Business<country>Poland</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2023</year></pub-date><pub-date pub-type="epub"><day>22</day><month>07</month><year>2023</year></pub-date><volume>0</volume><issue>2</issue><fpage>105</fpage><lpage>117</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Адамбеков Н.Т., Адамбекова Ж.А., Филиповска А., 2023</copyright-statement><copyright-year>2023</copyright-year><copyright-holder xml:lang="ru">Адамбеков Н.Т., Адамбекова Ж.А., Филиповска А.</copyright-holder><copyright-holder xml:lang="en">Adambekov N.T., Adambekova Z.A., Filipowska A.</copyright-holder><license xml:lang="ru" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>Данная работа распространяется под лицензией Creative Commons Attribution 4.0.</license-p></license><license xml:lang="en" license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://caer.narxoz.kz/jour/article/view/830">https://caer.narxoz.kz/jour/article/view/830</self-uri><abstract><sec><title>Цель исследования</title><p>Цель исследования. Основная цель в инициировании данного исследования была направлена на то, чтобы изучить влияние и подверженность этим факторам, через обзор значимых исследований ведущих мировых ученых в данной области.</p></sec><sec><title>Методология</title><p>Методология. Для проведения исследования использована наукометрическая методология с выборкой наиболее цитируемых исследований по направлению ESG в базах данных Science Direct, Scopus и Web of Science, обеспечившая информационную основу исследования. Общенаучные методы познания (синтез, индукция, группировка) легли в основу методологии проведенного исследования выполненного в формате литературного обзора.</p><p>Оригинальность / ценность исследования. Ценность результатов исследования определяется постановкой ключевых направлений исследования по проблематике ESG в контексте применения в методологии инвестиционного анализа. В частности подняты вопросы о значимости ESG принципов при оценке компаний на предмет их инвестиционной привлекательности.</p><p>В результате исследования были установлены группы научных направлений исследования в вопросах влияния ESG на развитие корпоративного управления и оценку инвестиционной привлекательности компаний. Данные рекомендации адресованы как для аналитиков при разработке отчетов для принятия инвесторами инвестиционных решений, так и для самих компаний, которые смогут откорректировать свои действия при достижении целей устойчивого развития понимая значимость предоставляемой ими нефинансовой информации в инвестиционном анализе.</p></sec></abstract><trans-abstract xml:lang="en"><sec><title>Purpose</title><p>Purpose. The main goal in initiating this study was to explore the impact and exposure of these factors, through a review of significant research works by leading world scientists in this field.</p></sec><sec><title>Methodology</title><p>Methodology. To conduct the study, there was used a scientometric methodology with a selection of the most cited studies in the ESG field in Science Direct, Scopus, and Web of Science databases, which provided the information basis for the research. General scientific methods (synthesis, induction, grouping) formed the basis of the research methodology carried out in the format of a literature review.</p><p>Originality / value of the research. The value of the research results is determined by the formulation of key research areas on ESG issues in the context of the application in the investment analysis methodology. In particular, questions were raised about the importance of ESG principles in evaluating companies for their investment attractiveness.</p></sec><sec><title>Findings</title><p>Findings. As a result of the study, there were established groups of scientific research areas concerning the ESG impact on the development of corporate governance and assessment of companies' investment attractiveness. These recommendations are addressed both to analysts when developing reports for investors to make investment decisions, and to the companies themselves, which will be able to adjust their actions in achieving sustainable development goals, understanding the significance of the non-financial information they provide in investment analysis.</p></sec></trans-abstract><kwd-group xml:lang="ru"><kwd>ESG принципы</kwd><kwd>корпоративное управление</kwd><kwd>инвестиционный анализ</kwd><kwd>нефинансовые показатели</kwd></kwd-group><kwd-group xml:lang="en"><kwd>ESG principles</kwd><kwd>corporate governance</kwd><kwd>investment analysis</kwd><kwd>non-financial indicators</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Heiko T., Rasmussen K. B. 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