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Financial Performance - Organizational Sustainability Relationship. Literature Review

Author

Listed:
  • Mihaela NeacÈ™u

    (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)

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.

Suggested Citation

  • Mihaela NeacÈ™u & Iuliana Eugenia Georgescu, 2023. "Financial Performance - Organizational Sustainability Relationship. Literature Review," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 70(SI), pages 99-120, February.
    • Handle: RePEc:aic:saebjn:v:70:y:2023:i:si:p:99-120:n:7
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    References listed on IDEAS

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    1. Zhe Wang & Chunhong Liu & Shuai Yang & Lei Li, 2018. "Employee Fitness Programs: Exploring Relationships between Perceived Organizational Support toward Employee Fitness and Organizational Sustainability Performance," Sustainability, MDPI, vol. 10(6), pages 1-17, June.
    2. Xu, Lu & Peng, Xianghui & Pavur, Robert & Prybutok, Victor, 2020. "Quality management theory development via meta-analysis," International Journal of Production Economics, Elsevier, vol. 229(C).
    3. Robinson, John, 2004. "Squaring the circle? Some thoughts on the idea of sustainable development," Ecological Economics, Elsevier, vol. 48(4), pages 369-384, April.
    4. Suparak Suriyankietkaew & Gayle Avery, 2016. "Sustainable Leadership Practices Driving Financial Performance: Empirical Evidence from Thai SMEs," Sustainability, MDPI, vol. 8(4), pages 1-14, April.
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