Corporate sustainability and sustainable growth: The role of industry sensitivity

Sanoran, Kanyarat (Lek)

Finance Research Letters, 2023, vol. 53, issue C

Abstract: This study investigates whether companies listed as sustainable appear to achieve more sustainable growth than those not listed as such. The moderating influences of the firm's industry profile is considered to examine how corporate sustainability affects firm sustainable growth in different industries. According to the findings, corporate sustainability significantly results in favorable sustainable growth for companies operating in Industrials and Property & Construction, but not for firms operating in Agro & Food Industry, Resources, Services, and Technology sectors. This paper emphasizes the role of industry sensitivity in the association between corporate sustainability and sustainable growth.

Keywords: Corporate sustainability; Sustainable growth; Industry sensitivity (search for similar items in EconPapers)
JEL-codes: M14 M41 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612322007723
Full text for ScienceDirect subscribers only

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:eee:finlet:v:53:y:2023:i:c:s1544612322007723

DOI: 10.1016/j.frl.2022.103596

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Catherine Liu ().