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An integrated framework for the financial analysis of sustainability

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  • Noelia Romero Castro
  • Juan Piñeiro Chousa

Abstract

Financial analysis, traditionally considered as a suitable tool for assessing a company's financial and economic situation and guiding the decision‐making processes of companies and financial markets, should embrace sustainability issues within its logic, under some kind of scheme or framework that permits the evaluation of a company's sustainable management system and the impact of sustainability issues on financial performance. An integrated model is needed that takes into account the social, environmental and economic performances of a company and their expression using data that is both quantitative and qualitative, accounting and non‐accounting, physical and monetary. In this paper an integrated framework for the financial analysis of the creation of sustainability‐oriented value in companies is proposed. Copyright © 2006 John Wiley & Sons, Ltd and ERP Environment.

Suggested Citation

  • Noelia Romero Castro & Juan Piñeiro Chousa, 2006. "An integrated framework for the financial analysis of sustainability," Business Strategy and the Environment, Wiley Blackwell, vol. 15(5), pages 322-333, September.
    • Handle: RePEc:bla:bstrat:v:15:y:2006:i:5:p:322-333
    DOI: 10.1002/bse.539
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    References listed on IDEAS

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    16. Salvatore Loprevite & Domenico Raucci & Daniela Rupo, 2020. "KPIs Reporting and Financial Performance in the Transition to Mandatory Disclosure: The Case of Italy," Sustainability, MDPI, vol. 12(12), pages 1-24, June.
    17. Rai, Anish & Mahata, Ajit & Nurujjaman, Md & Majhi, Sushovan & Debnath, Kanish, 2022. "A sentiment-based modeling and analysis of stock price during the COVID-19: U- and Swoosh-shaped recovery," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 592(C).
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    19. Juan Pineiro-Chousa & Marcos Vizcaíno-González, 2020. "A mathematical model for the role of third party funding in reputation building of academic institutions," Review of Managerial Science, Springer, vol. 14(2), pages 365-377, April.
    20. Xusen Cheng & Fei Guo & Jin Chen & Kejiang Li & Yihui Zhang & Peng Gao, 2019. "Exploring the Trust Influencing Mechanism of Robo-Advisor Service: A Mixed Method Approach," Sustainability, MDPI, vol. 11(18), pages 1-20, September.
    21. Aleksandra Figurek & Alkis Thrassou, 2023. "An Integrated Framework for Sustainable Development in Agri-Food SMEs," Sustainability, MDPI, vol. 15(12), pages 1-22, June.

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