Sustainable Corporate Governance and Financial Performance

Special Issue Editor


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Guest Editor
CEOS.PP, Porto Accounting and Business School, Polytechnic Institute of Porto, 4465-004 Porto, Portugal
Interests: financial accounting; corporate social responsibility reporting; sustainability reporting; accounting information systems; digital accounting
Special Issues, Collections and Topics in MDPI journals

Special Issue Information

Dear Colleagues,

Corporate governance has traditionally been understood as the mechanisms by which capital providers ensure shareholder profitability. While the literature extensively explores the impact of corporate governance variables (such as board structure, CEO compensation, capital structure, gender diversity, etc.) on financial performance, the connection with sustainability remains relatively unexplored.

This Special Issue seeks to address this gap by gathering key contributions in the field. Sustainable corporate governance entails incorporating environmental, social, and governance (ESG) principles into decision-making processes to generate long-term value for society, the environment, and shareholders.

We invite authors to submit original research articles that explore both theoretical frameworks and practical applications. Topics of interest include (but are not limited to) the following:

  • ESG and financial performance;
  • Corporate governance and sustainability reporting;
  • The mediating role of sustainability reports in the relationship between corporate governance and firm performance;
  • The moderating role of corporate governance in the relationship between sustainable performance and firm value;
  • The impact of gender diversity on sustainability and firm performance;
  • The influence of sustainability committees on firm performance;
  • The integration of sustainability principles into corporate governance models and structures;
  • The ESG framework of Corporate Sustainability Reporting Directive (CSRD) and its effect on firm performance.

We look forward to receiving your contributions and advancing knowledge in this important area.

Dr. Albertina Paula Monteiro
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. International Journal of Financial Studies is an international peer-reviewed open access quarterly 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 1800 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

  • corporate governance
  • financial performance
  • ESG
  • sustainability reporting
  • sustainability performance

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Published Papers (1 paper)

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Research

19 pages, 386 KiB  
Article
The Influence of Social Responsibility Practices on Tax Planning: An Empirical Study for Companies Listed on Euronext Lisbon
by Pedro Ferreira Silva, Cristina Sá and Teresa Eugénio
Int. J. Financial Stud. 2024, 12(3), 73; https://doi.org/10.3390/ijfs12030073 - 29 Jul 2024
Viewed by 487
Abstract
This paper analyzes the influence of social responsibility practices on the development of tax planning activities in companies listed on Euronext Lisbon. Although scientific research into social responsibility and tax planning is not new, scientific studies into the relationship between these two themes [...] Read more.
This paper analyzes the influence of social responsibility practices on the development of tax planning activities in companies listed on Euronext Lisbon. Although scientific research into social responsibility and tax planning is not new, scientific studies into the relationship between these two themes is a developing area of research that still raises many questions. This study was carried out on a sample of 30 companies listed on Euronext Lisbon, using data for the 2018 and 2019 periods. The hypotheses were formulated based on a literature review on this subject. A multiple linear regression model was developed to validate the hypotheses. The results show that the social, corporate governance, environmental, or economic components of corporate social responsibility do not influence tax planning. However, the results show that company size negatively impacts tax planning, i.e., larger companies have lower effective tax rates. In the sample studied, larger companies implemented more tax planning strategies. In this way, this study can complement the understanding of the relationship between social responsibility practices and tax planning activities in Portugal and internationally. Full article
(This article belongs to the Special Issue Sustainable Corporate Governance and Financial Performance)
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