Sustainable Development Financing as a Factor Affecting on Operational Efficiency of the Company

Anna Rumyantseva and Olga Tarutko
Additional contact information
Anna Rumyantseva: Saint-Petersburg University of Management Technologies and Economics
Olga Tarutko: Saint-Petersburg University of Management Technologies and Economics

A chapter in Finance, Economics, and Industry for Sustainable Development, 2023, pp 47-56 from Springer

Abstract: Abstract Researchers primarily consider sustainable development financing as an infusion of funds into socially significant projects in the field of ecology, climate, corporate governance, limited resources, etc. This article considers the aspect of raising funds by business sector entities for improving the performance efficiency and the financial attractiveness achieved due to the increase in funds allocated for the development of non-financial factors. The objective of the research is to substantiate the financing of innovative potential and sustainable development of companies as integral factors affecting on operational efficiency of companies. This article analyzes the various features of financial analysis, proposed by authors, and also considers the difference in factors of companies’ financial attractiveness. The analysis of a number of Sustainable Development Goals (SDGs) indicators in dynamics, as well as the amount of finance raised by investment platforms, is carried out. The analysis of specialized literature and the use of various analytical materials allowed to propose to use an operational efficiency indicator for reflection of financial success. The use of this indicator together with an integral indicator of innovation potential and a composite index of sustainable development is able to give a comprehensive assessment of the operational efficiency and the financial attractiveness.

Keywords: Financing; Sustainable development; Investment attractiveness; Investment platform; Financial innovations (search for similar items in EconPapers)
Date: 2023
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-031-30498-9_6

Ordering information: This item can be ordered from
http://www.springer.com/9783031304989

DOI: 10.1007/978-3-031-30498-9_6

Access Statistics for this chapter

More chapters in Springer Proceedings in Business and Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().