Financial Performance - Organizational Sustainability Relationship. Literature Review

Mihaela Neacșu and Iuliana Eugenia Georgescu
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Mihaela Neacșu: Faculty of Economics and Business Administration, Alexandru Ioan Cuza University of Iași
Iuliana Eugenia Georgescu: Faculty of Economics and Business Administration, Alexandru Ioan CUza University of Iași

Scientific Annals of Economics and Business (continues Analele Stiintifice), 2023, vol. 70, issue SI, 99 - 120

Abstract: Organizational sustainability efforts focus on three main areas: people, profit, and the environment (Elkington, 1998). With an increasing emphasis on sustainable development, economic entities are concerned with achieving long-term performance, the capacity to create value and to meet the needs of interest groups (investors, employees, customers, communities, local development), but also on the development, promotion and implementation of concrete actions for environmental protection. This study aims to identify the current stage of the relationship between sustainable development and financial performance, in order to identify key elements, trends and research gaps. Based on these considerations, we performed a quantitative analysis of a sample of 62 articles from 3 databases (ScienceDirect, Scopus and Web of Science), which we subsequently studied qualitatively.

Keywords: organizational sustainability; financial performance; sustainable development (search for similar items in EconPapers)
Date: 2023
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