IDEAS home Printed from https://ideas.repec.org/a/gam/jeners/v16y2023i7p3208-d1114202.html
   My bibliography  Save this article

The Internet of Vehicles and Sustainability—Reflections on Environmental, Social, and Corporate Governance

Author

Listed:
  • Mariusz Kostrzewski

    (Faculty of Transport, Warsaw University of Technology, Koszykowa 75, 00-662 Warsaw, Poland)

  • Magdalena Marczewska

    (Faculty of Management, University of Warsaw, 1/3 Szturmowa Street, 02-678 Warsaw, Poland)

  • Lorna Uden

    (School of Computing, Staffordshire University, College Road, Stoke-on-Trent, Staffordshire ST4 2DE, UK)

Abstract

The Internet of Vehicles (IoV) has generated great interest among researchers from different disciplines as it is multidisciplinary research. Sustainability for the IoV requires solutions from different perspectives, particularly in the context of environmental, social, and corporate governance. This review paper examines each of the mentioned perspectives of IoV research which were conducted among at least one of these three perspectives. On the one hand, this allows determining how widely research on the IoV system has been conducted. Moreover, it shows the directions of research on the IoV. On the other hand, it determines whether and how the IoV research is linked to each of the perspectives separately and analyses this link from a global perspective as well; i.e., it analyses the survey data in terms of the data’s relationship to all the perspectives as a group. As one of the research results, a conceptual model of IoV systems allocating the ESG perspectives was developed. The current research has shown that consideration of IoV systems in the context of these three perspectives (treated both individually and collectively) is still limited. A balanced approach towards these IoV systems is still required. Therefore, the paper consists of a survey of the current research related to the sustainability of the IoV from the three mentioned perspectives, aiming to give a balanced view of the importance of the three perspectives for IoV systems.

Suggested Citation

  • Mariusz Kostrzewski & Magdalena Marczewska & Lorna Uden, 2023. "The Internet of Vehicles and Sustainability—Reflections on Environmental, Social, and Corporate Governance," Energies, MDPI, vol. 16(7), pages 1-20, April.
    • Handle: RePEc:gam:jeners:v:16:y:2023:i:7:p:3208-:d:1114202
    as

    Download full text from publisher

    File URL: https://www.mdpi.com/1996-1073/16/7/3208/pdf
    Download Restriction: no
    File URL: https://www.mdpi.com/1996-1073/16/7/3208/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Langley, David J. & van Doorn, Jenny & Ng, Irene C.L. & Stieglitz, Stefan & Lazovik, Alexander & Boonstra, Albert, 2021. "The Internet of Everything: Smart things and their impact on business models," Journal of Business Research, Elsevier, vol. 122(C), pages 853-863.
    2. Dan Daugaard, 2020. "Emerging new themes in environmental, social and governance investing: a systematic literature review," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 60(2), pages 1501-1530, June.
    3. Hua Peng & Luxiao Dong & Yi Sun & Yanfang Jiang & Miaochao Chen, 2022. "Analysis of Marketing Prediction Model Based on Genetic Neural Network: Taking Clothing Marketing as an Example," Journal of Mathematics, Hindawi, vol. 2022, pages 1-14, March.
    4. Linhong Wang & Hongtao Li & Mengzhu Guo & Yixin Chen, 2022. "The Effects of Dynamic Complexity on Drivers’ Secondary Task Scanning Behavior under a Car-Following Scenario," IJERPH, MDPI, vol. 19(3), pages 1-14, February.
    5. Kashif Zia & Arshad Muhammad & Abbas Khalid & Ahmad Din & Alois Ferscha, 2019. "Towards Exploration of Social in Social Internet of Vehicles Using an Agent-Based Simulation," Complexity, Hindawi, vol. 2019, pages 1-13, April.
    6. Anandkumar Balasubramaniam & Anand Paul & Won-Hwa Hong & HyunCheol Seo & Jeong Hong Kim, 2017. "Comparative Analysis of Intelligent Transportation Systems for Sustainable Environment in Smart Cities," Sustainability, MDPI, vol. 9(7), pages 1-12, June.
    7. Gunther Capelle-Blancard & Aurélien Petit, 2019. "Every Little Helps? ESG News and Stock Market Reaction," Journal of Business Ethics, Springer, vol. 157(2), pages 543-565, June.
    8. Yong Xie & LiBing Wu & Jian Shen & Abdulhameed Alelaiwi, 2017. "EIAS-CP: new efficient identity-based authentication scheme with conditional privacy-preserving for VANETs," Telecommunication Systems: Modelling, Analysis, Design and Management, Springer, vol. 65(2), pages 229-240, June.
    9. Hemavathi & Sreenatha Reddy Akhila & Youseef Alotaibi & Osamah Ibrahim Khalaf & Saleh Alghamdi, 2022. "Authentication and Resource Allocation Strategies during Handoff for 5G IoVs Using Deep Learning," Energies, MDPI, vol. 15(6), pages 1-27, March.
    10. Fritz, Morgane MC & Ruel, Salomée & Kallmuenzer, Andreas & Harms, Rainer, 2021. "Sustainability management in supply chains: the role of familiness," Technological Forecasting and Social Change, Elsevier, vol. 173(C).
    11. Jinxin Zhang & Meng Wu, 2021. "Blockchain-Based Authentication with Optional Privacy Preservation for Internet of Vehicles," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-13, October.
    12. Richter, Andreas & Löwner, Marc-O. & Ebendt, Rüdiger & Scholz, Michael, 2020. "Towards an integrated urban development considering novel intelligent transportation systems," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    13. Manar Abu Talib & Sohail Abbas & Qassim Nasir & Mohamad Fouzi Mowakeh, 2018. "Systematic literature review on Internet-of-Vehicles communication security," International Journal of Distributed Sensor Networks, , vol. 14(12), pages 15501477188, December.
    14. James J. Cordeiro & Giorgia Profumo & Ilaria Tutore, 2021. "Family ownership and stockholder reactions to environmental performance disclosure: A test of secondary agency relationships," Business Strategy and the Environment, Wiley Blackwell, vol. 30(4), pages 2091-2107, May.
    15. Gunnar Friede, 2019. "Why don't we see more action? A metasynthesis of the investor impediments to integrate environmental, social, and governance factors," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 1260-1282, September.
    16. Song-Kyoo (Amang) Kim, 2021. "Enhanced IoV Security Network by Using Blockchain Governance Game," Mathematics, MDPI, vol. 9(2), pages 1-13, January.
    17. N. Eccles & S. Viviers, 2011. "The Origins and Meanings of Names Describing Investment Practices that Integrate a Consideration of ESG Issues in the Academic Literature," Journal of Business Ethics, Springer, vol. 104(3), pages 389-402, December.
    18. Karima Smida & Hajer Tounsi & Mounir Frikha, 2022. "Intelligent and resizable control plane for software defined vehicular network: a deep reinforcement learning approach," Telecommunication Systems: Modelling, Analysis, Design and Management, Springer, vol. 79(1), pages 163-180, January.
    19. Tiande Mo & Kin-tak Lau & Yu Li & Chi-kin Poon & Yinghong Wu & Paul K. Chu & Yang Luo, 2022. "Commercialization of Electric Vehicles in Hong Kong," Energies, MDPI, vol. 15(3), pages 1-27, January.
    20. Kah Phooi Seng & Li Minn Ang & Ericmoore Ngharamike, 2022. "Artificial intelligence Internet of Things: A new paradigm of distributed sensor networks," International Journal of Distributed Sensor Networks, , vol. 18(3), pages 15501477211, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Arpad Takacs & Tamas Haidegger, 2024. "A Method for Mapping V2X Communication Requirements to Highly Automated and Autonomous Vehicle Functions," Future Internet, MDPI, vol. 16(4), pages 1-20, March.
    2. Alex Borodin & Irina Vygodchikova & Galina Panaedova & Irina Mityushina, 2023. "Rating of Stability of Russian Companies in Oil and Gas and Electric Power Industries Based on Interval Volatility," Energies, MDPI, vol. 16(14), pages 1-16, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Liu, Min & Guo, Tongji & Ping, Weiying & Luo, Liangqing, 2023. "Sustainability and stability: Will ESG investment reduce the return and volatility spillover effects across the Chinese financial market?," Energy Economics, Elsevier, vol. 121(C).
    2. Felipe Arias Fogliano de Souza Cunha & Erick Meira de Oliveira & Renato J. Orsato & Marcelo Cabus Klotzle & Fernando Luiz Cyrino Oliveira & Rodrigo Goyannes Gusmão Caiado, 2020. "Can sustainable investments outperform traditional benchmarks? Evidence from global stock markets," Business Strategy and the Environment, Wiley Blackwell, vol. 29(2), pages 682-697, February.
    3. Ting-Ting Li & Kai Wang & Toshiyuki Sueyoshi & Derek D. Wang, 2021. "ESG: Research Progress and Future Prospects," Sustainability, MDPI, vol. 13(21), pages 1-28, October.
    4. Gallucci, Carmen & Santulli, Rosalia & Lagasio, Valentina, 2022. "The conceptualization of environmental, social and governance risks in portfolio studies A systematic literature review," Socio-Economic Planning Sciences, Elsevier, vol. 84(C).
    5. Felipe Arias Fogliano de Souza Cunha & Erick Meira & Renato J. Orsato, 2021. "Sustainable finance and investment: Review and research agenda," Business Strategy and the Environment, Wiley Blackwell, vol. 30(8), pages 3821-3838, December.
    6. Marzhan Beisenbina & Laura Fabregat‐Aibar & Maria‐Glòria Barberà‐Mariné & Maria‐Teresa Sorrosal‐Forradellas, 2023. "The burgeoning field of sustainable investment: Past, present and future," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 649-667, April.
    7. Alaa Aldowaish & Jiro Kokuryo & Othman Almazyad & Hoe Chin Goi, 2022. "Environmental, Social, and Governance Integration into the Business Model: Literature Review and Research Agenda," Sustainability, MDPI, vol. 14(5), pages 1-20, March.
    8. Jesús Manuel Palma-Ruiz & Julen Castillo-Apraiz & Raúl Gómez-Martínez, 2020. "Socially Responsible Investing as a Competitive Strategy for Trading Companies in Times of Upheaval Amid COVID-19: Evidence from Spain," IJFS, MDPI, vol. 8(3), pages 1-13, July.
    9. Sabbaghi, Omid, 2022. "The impact of news on the volatility of ESG firms," Global Finance Journal, Elsevier, vol. 51(C).
    10. Plastun, Alex & Bouri, Elie & Gupta, Rangan & Ji, Qiang, 2022. "Price effects after one-day abnormal returns in developed and emerging markets: ESG versus traditional indices," The North American Journal of Economics and Finance, Elsevier, vol. 59(C).
    11. Truzaar Dordi & Phoebe Stephens & Sean Geobey & Olaf Weber, 2024. "New bottle or new label? Distinguishing impact investing from responsible and ethical investing," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 64(1), pages 309-330, March.
    12. Luluk Widyawati, 2020. "A systematic literature review of socially responsible investment and environmental social governance metrics," Business Strategy and the Environment, Wiley Blackwell, vol. 29(2), pages 619-637, February.
    13. Ann Susan Thomas & Ambili Jayachandran & Ajithakumari Vijayappan Nair Biju, 2024. "Strategic mapping of the environmental social governance landscape in finance – A bibliometric exploration through concepts and themes," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 31(5), pages 4428-4453, September.
    14. Wang, Ke, 2023. "Essays in corporate risk," Other publications TiSEM 8c076f0d-2c02-40a4-b6d7-e, Tilburg University, School of Economics and Management.
    15. Richard Yeaw Chong Seow, 2024. "Determinants of environmental, social, and governance disclosure: A systematic literature review," Business Strategy and the Environment, Wiley Blackwell, vol. 33(3), pages 2314-2330, March.
    16. Eng, Li Li & Fikru, Mahelet G. & Vichitsarawong, Thanyaluk, 2021. "The impact of toxic chemical releases and their management on financial performance," Advances in accounting, Elsevier, vol. 53(C).
    17. Natalia Semenova, 2021. "Management control systems in response to social and environmental risk in large Nordic companies," International Journal of Corporate Social Responsibility, Springer, vol. 6(1), pages 1-11, December.
    18. Moliterni, Fabio, 2018. "Do Global Financial Markets Capitalise Sustainability? Evidence of a Quick Reversal," SAS: Society and Sustainability 274853, Fondazione Eni Enrico Mattei (FEEM).
    19. José Luis Miralles-Quirós & María Mar Miralles-Quirós & José Manuel Nogueira, 2020. "Sustainable Development Goals and Investment Strategies: The Profitability of Using Five-Factor Fama-French Alphas," Sustainability, MDPI, vol. 12(5), pages 1-16, February.
    20. Chen, Zhang-Hangjian & Kang, JingWen & Koedijk, Kees G. & Gao, Xiang & Gu, ZhenHua, 2024. "Short-term market reactions to ESG ratings disclosures: An event study in the Chinese stock market," Journal of Behavioral and Experimental Finance, Elsevier, vol. 43(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gam:jeners:v:16:y:2023:i:7:p:3208-:d:1114202. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: MDPI Indexing Manager (email available below). General contact details of provider: https://www.mdpi.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.