Sustainable Corporate Finance: A Review of Theoretical Foundation, Industry Practices and Research Bibliometrics

ABSTRACT Sustainable corporate finance (SCF) is essential in supporting corporate sustainability (CS) transition to create long‐term values for stakeholders, yet being new, it remains theoretically unclear and practically uncertain. Hence, a review of studies related to SCF especially in the context of its scientific knowledge is valuable. The current study undertook a bibliometric review of this topic using SCOPUS database with 588 filtered documents published between1983 and 2024. The study is further structurally guided by PRISMA and SPAR‐4‐SLR for systematic review protocols to justify its academic rigour. In addition, this review is prepared in compliance with the new guidance for the reporting of bibliometric analyses (i.e., GLOBAL). In this analysis, bibliometric data are analysed using research performance indicators and science mapping. Thereafter, the research outputs are synthesised using a sensemaking approach. Findings revealed that SCF research is growing led by US and Chinese researchers, but still limited in its coverage. In practice, the ESG report is an important non‐financial information reflecting CS practices and impacts, but ESG‐SCF is still disconnected underscoring value creations. Furthermore, CS practices have primarily focused on sustainability aspects related to E, leaving S and G still underexplored. The review provides an overview for researchers' reference and to guide more research investigating SCF functions to support CS value creations. The key contributions of this article are: (i) establishing SCF theoretical foundations and practical taxonomy to guide practitioners, (ii) mapping the SCF research progress, and (iii) drawing the key theory‐policy‐practices gaps to guide future research.