314
J. G. M. C. da Amarante et al.
bination of processes and implemented structures, in order to achieve organizational
goals.
The “Social and Environmental Management Structure” axis reveals the
importance of internal controls in the practice of environmental risk management,
including but not limited to: Governance, control environment, commitment to ethics,
segregation of duties, review and information and communication. Effective sustainability is also presented in financial reports of quality, compliance, commitment to
ethical values and consistency in pursuit of strategic and operational objectives based
on good corporate governance.
On the other hand, the thematic axis “Implementation of good integrated practices” is directed to the preventive role in the planning and orientation of responsible
environmental conduct, highlighting the uniqueness of each organization and characterizing the implementation in a specific and effective way. This axis shows that the
investment in new practices of GRC and Sustainability is configured as an effective
trade-off, in addition to establishing confidence for market players.
After the mapping of the thematic axes, the main years that reflect the development
of research in the area in question were analyzed, as shown in Fig. 3.
It is clear that the field is still in formation and in its early years. Based on the
review carried out in the present research, the first study that integrates GRC and
Sustainability issues was launched in 2011. This assertion can be justified, precisely
because of the period in which financial scandals occurred at the beginning of the
twenty-first century, which promoted new discussions about the structuring of Corporate Governance, Risk Management and Compliance from a global perspective,
imparting new concerns and organizational positions.
This period is also marked by the new requirements of mechanisms that provide
for the prediction of possible conflicts of interest, the adhesion of the main actors,
0
1
2
2011
2012
2015
2018
2019
Number of Publications
Years
Period of Studies
Fig. 3 Period of studies. Source Authors
J. G. M. C. da Amarante et al.
bination of processes and implemented structures, in order to achieve organizational
goals.
The “Social and Environmental Management Structure” axis reveals the
importance of internal controls in the practice of environmental risk management,
including but not limited to: Governance, control environment, commitment to ethics,
segregation of duties, review and information and communication. Effective sustainability is also presented in financial reports of quality, compliance, commitment to
ethical values and consistency in pursuit of strategic and operational objectives based
on good corporate governance.
On the other hand, the thematic axis “Implementation of good integrated practices” is directed to the preventive role in the planning and orientation of responsible
environmental conduct, highlighting the uniqueness of each organization and characterizing the implementation in a specific and effective way. This axis shows that the
investment in new practices of GRC and Sustainability is configured as an effective
trade-off, in addition to establishing confidence for market players.
After the mapping of the thematic axes, the main years that reflect the development
of research in the area in question were analyzed, as shown in Fig. 3.
It is clear that the field is still in formation and in its early years. Based on the
review carried out in the present research, the first study that integrates GRC and
Sustainability issues was launched in 2011. This assertion can be justified, precisely
because of the period in which financial scandals occurred at the beginning of the
twenty-first century, which promoted new discussions about the structuring of Corporate Governance, Risk Management and Compliance from a global perspective,
imparting new concerns and organizational positions.
This period is also marked by the new requirements of mechanisms that provide
for the prediction of possible conflicts of interest, the adhesion of the main actors,
0
1
2
2011
2012
2015
2018
2019
Number of Publications
Years
Period of Studies
Fig. 3 Period of studies. Source Authors