Financial Performance and Corporate Sustainability

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Sustainability and Finance".

Deadline for manuscript submissions: 31 May 2024 | Viewed by 2711

Special Issue Editor


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Guest Editor
Faculty of Accounting and Management Information Systems, Bucharest University of Economic Studies, 010371 Bucharest, Romania
Interests: financial accounting and reporting; sustainability accounting; business strategy; qualitative and quantitative research; interdisciplinary research

Special Issue Information

Dear Colleagues,

In recent years, corporate sustainability has been receiving increasing attention from businesses, policy makers, and academia. A growing number of companies are integrating into their business model a commitment to align financial KPIs (key performance indicators) with the target of lowering the negative impact of business processes. The holistic concept of sustainability encompasses the relationship between a growing awareness of environmental, social, and governance constraints and the accounting, financial, and management facets of corporate strategy.

Despite this topic having drawn the attention of researchers in recent decades, no general consensus has been reached on the relationship between financial performance and corporate sustainability. Heterogeneous results may be observed within various cultural and economic contexts or by considering the mediating effects of specific corporate characteristics.

The aim of this Special Issue is to contribute to investigating the ways that organisations may reframe their business models in order to meet the Sustainable Development Goals. Within this context, interdisciplinary research contributions focused on the relationship between financial performance and corporate sustainability, approaching various theories, short- or long-term horizons, specific individual or aggregated measures, or signalling mediators, such as digitalization, are highly encouraged.

Prof. Dr. Camelia Iuliana Lungu
Guest Editor

Manuscript Submission Information

Manuscripts should be submitted online at www.mdpi.com by registering and logging in to this website. Once you are registered, click here to go to the submission form. Manuscripts can be submitted until the deadline. All submissions that pass pre-check are peer-reviewed. Accepted papers will be published continuously in the journal (as soon as accepted) and will be listed together on the special issue website. Research articles, review articles as well as short communications are invited. For planned papers, a title and short abstract (about 100 words) can be sent to the Editorial Office for announcement on this website.

Submitted manuscripts should not have been published previously, nor be under consideration for publication elsewhere (except conference proceedings papers). All manuscripts are thoroughly refereed through a single-blind peer-review process. A guide for authors and other relevant information for submission of manuscripts is available on the Instructions for Authors page. Journal of Risk and Financial Management is an international peer-reviewed open access monthly journal published by MDPI.

Please visit the Instructions for Authors page before submitting a manuscript. The Article Processing Charge (APC) for publication in this open access journal is 1400 CHF (Swiss Francs). Submitted papers should be well formatted and use good English. Authors may use MDPI's English editing service prior to publication or during author revisions.

Keywords

  • financial performance
  • corporate sustainability
  • sustainable development goals corporate strategy
  • business model
  • corporate culture
  • sustainability reporting standards
  • ESG disclosure
  • CSR
  • corporate governance
  • gender and diversity
  • corporate innovation
  • sustainable finance
  • earnings management
  • ethics in accounting and finance
  • accounting and management information systems
  • digitalization
  • artificial intelligence

Published Papers (1 paper)

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Review

22 pages, 4003 KiB  
Review
What Aspects Explain the Relationship between Digital Transformation and Financial Performance of Firms?
by Yaying Zhou, Young-Seok Ock, Ibrahim Alnafrah and Abd Alwahed Dagestani
J. Risk Financial Manag. 2023, 16(11), 479; https://doi.org/10.3390/jrfm16110479 - 10 Nov 2023
Cited by 1 | Viewed by 2339
Abstract
The emergence of digital transformation and digitization has significantly influenced business growth, particularly in response to the COVID-19 pandemic. This study conducts a systematic bibliometric analysis to investigate the relationship between digital transformation and firms’ financial performance. The primary objectives are identifying research [...] Read more.
The emergence of digital transformation and digitization has significantly influenced business growth, particularly in response to the COVID-19 pandemic. This study conducts a systematic bibliometric analysis to investigate the relationship between digital transformation and firms’ financial performance. The primary objectives are identifying research gaps and proposing future research directions and policy implications. Specifically, we examine the evolution of digital transformation in companies and its impact on their financial performance, while highlighting the major trends in digital transformation research. Employing text mining techniques, network analysis, and a systematic literature review (SLR), we evaluated 153 articles published between 2014 and 2023. Our analysis delves into academic publication journals, geographical locations, authors’, and academic institutions’ contributions, assessing their influence on the existing literature’s development. Our findings indicate a current absence of a consistent theoretical framework in the scientific literature pertaining to the study of digital transformation and its effects on firms’ financial performance. Furthermore, we have pinpointed specific areas that warrant further investigation, including SMEs, non-listed companies, and intermediary or mediating variables. Finally, this systematic bibliometric analysis contributes to the ongoing discourse on digital transformation and its influence on firms’ financial performance, summarizing the current scientific research and proposing new research directions for future studies, while also offering valuable insights for researchers, policymakers, and practitioners. Full article
(This article belongs to the Special Issue Financial Performance and Corporate Sustainability)
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