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Title Predictive insights: leveraging Twitter sentiments and machine learning for environmental, social and governance controversy prediction
ID_Doc 77045
Authors Lheureux, Y
Title Predictive insights: leveraging Twitter sentiments and machine learning for environmental, social and governance controversy prediction
Year 2024
Published Journal Of Computational Social Science, 7, 1
DOI 10.1007/s42001-023-00228-5
Abstract This research introduces an innovative approach that utilizes machine learning to forecast Environmental, Social, and Governance (ESG) controversies within corporations, based on public opinions expressed on Twitter. Drawing on the theoretical foundations of legitimacy theory and stakeholder theory, the proposed methodology emphasizes the essential role of stakeholder engagement in effectively managing ESG risks and promoting sustainable business practices. Through the examination of eight machine-learning algorithms, the research showcases the accurate forecasting of ESG controversies, specifically achieving a remarkable overall F1-Score of 80% by LightGBM. The findings underscore the significant contribution of machine learning models and social media analytics in ESG risk management and controversy mitigation. Companies can anticipate potential controversies and proactively improve their Corporate Social Responsibility practices by actively monitoring public sentiments, especially on social media platforms. Analyzing positive sentiments as indicators of successful practices and negative sentiments as potential areas of concern further enhances their legitimacy and foster stakeholder engagement.
Author Keywords Machine learning; Twitter sentiment analysis; ESG controversies; CSR; Stakeholder; Legitimacy
Index Keywords Index Keywords
Document Type Other
Open Access Open Access
Source Emerging Sources Citation Index (ESCI)
EID WOS:001090790800001
WoS Category Social Sciences, Mathematical Methods
Research Area Mathematical Methods In Social Sciences
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