Business Sustainability and financial performance

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Autore principale: Maria Luisa Saavedra García
Natura: Artículo científico
Lingua:en
Pubblicazione: Universidad del Valle 2022
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author Maria Luisa Saavedra García
author_facet Maria Luisa Saavedra García
contents Business Sustainability and financial performance Maria Luisa Saavedra García Administración y Contabilidad finance profitability Sustainability sustainable indexes sustainability reports Business sustainability is an issue that is becoming increasingly important in a context where organizations are more aware of their responsibility to society in terms of the use of the resources taken from society and the environment to generate economic wealth. This work aims to determine the importance of business sustainability the issues that underpin it by emphasizing its relationship with financial performance. A documentary review was carried out that allowed topics development: Business sustainability, Standards related to sustainability, Socially responsible funds, Sustainability reports, and Business sustainability and financial performance. It was found that sustainability has reached a fundamental relevance for financial performance, to such an extent that more and more sustainability indexes have been created, allowing stakeholders to evaluate the sustainable performance of companies and identify the socially responsible investments these companies emit. Corporate sustainability reports have been adopted voluntarily to publicize the sustainable actions carried out by these entities. These reports are constantly evolving and increasingly seek to align business strategy with social needs. Finally, it was found that empirical research shows a positive relationship between Business Sustainability and Financial Performance, thus showing the imperative need for companies to achieve financial sustainability. 2022 reseña 0120-4645 https://www.redalyc.org/articulo.oa?id=225075675009 https://www.redalyc.org/journal/2250/225075675009/ https://www.redalyc.org/journal/2250/225075675009/html/ https://www.redalyc.org/journal/2250/225075675009/225075675009.epub https://www.redalyc.org/journal/2250/225075675009/movil https://doi.org/10.25100/cdea.v38i72.10835 en http://www.redalyc.org/revista.oa?id=2250 Cuadernos de Administración application/pdf Universidad del Valle Cuadernos de Administración (Colombia) Num.72 Vol.38
format Artículo científico
id redalyc_225075675009
institution Redalyc
language en
publishDate 2022
publisher Universidad del Valle
spellingShingle Business Sustainability and financial performance
Maria Luisa Saavedra García
Administración y Contabilidad
finance
profitability
Sustainability
sustainable indexes
sustainability reports
Business Sustainability and financial performance Maria Luisa Saavedra García Administración y Contabilidad finance profitability Sustainability sustainable indexes sustainability reports Business sustainability is an issue that is becoming increasingly important in a context where organizations are more aware of their responsibility to society in terms of the use of the resources taken from society and the environment to generate economic wealth. This work aims to determine the importance of business sustainability the issues that underpin it by emphasizing its relationship with financial performance. A documentary review was carried out that allowed topics development: Business sustainability, Standards related to sustainability, Socially responsible funds, Sustainability reports, and Business sustainability and financial performance. It was found that sustainability has reached a fundamental relevance for financial performance, to such an extent that more and more sustainability indexes have been created, allowing stakeholders to evaluate the sustainable performance of companies and identify the socially responsible investments these companies emit. Corporate sustainability reports have been adopted voluntarily to publicize the sustainable actions carried out by these entities. These reports are constantly evolving and increasingly seek to align business strategy with social needs. Finally, it was found that empirical research shows a positive relationship between Business Sustainability and Financial Performance, thus showing the imperative need for companies to achieve financial sustainability. 2022 reseña 0120-4645 https://www.redalyc.org/articulo.oa?id=225075675009 https://www.redalyc.org/journal/2250/225075675009/ https://www.redalyc.org/journal/2250/225075675009/html/ https://www.redalyc.org/journal/2250/225075675009/225075675009.epub https://www.redalyc.org/journal/2250/225075675009/movil https://doi.org/10.25100/cdea.v38i72.10835 en http://www.redalyc.org/revista.oa?id=2250 Cuadernos de Administración application/pdf Universidad del Valle Cuadernos de Administración (Colombia) Num.72 Vol.38
title Business Sustainability and financial performance
topic Administración y Contabilidad
finance
profitability
Sustainability
sustainable indexes
sustainability reports
url https://www.redalyc.org/articulo.oa?id=225075675009
https://www.redalyc.org/journal/2250/225075675009/
https://www.redalyc.org/journal/2250/225075675009/html/
https://www.redalyc.org/journal/2250/225075675009/225075675009.epub
https://www.redalyc.org/journal/2250/225075675009/movil
https://doi.org/10.25100/cdea.v38i72.10835