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Sustainable development and economic performance: Gaps and trends for future research

Author

Listed:
  • Guilherme Francisco do Prado
  • Cassiano Moro Piekarski
  • Leila Mendes da Luz
  • Jovani Taveira de Souza
  • Rodrigo Salvador
  • Antonio Carlos de Francisco

Abstract

The aim of this paper is to determine the existence of gaps in the literature, by investigating studies that statistically analyzed the relationship between sustainable development and economic performance. A literature review was conducted in the Web of Science and Scopus databases. The study analyzed the authors, publication years, journals involved, methodologies used, and results obtained. The identified gaps and opportunities were (a) opportunity to create or employ different measurements for financial, social, and environmental performance and (b) to use different kinds of control or moderating variables, in order to further explore the relationship between sustainable development and financial performance.

Suggested Citation

  • Guilherme Francisco do Prado & Cassiano Moro Piekarski & Leila Mendes da Luz & Jovani Taveira de Souza & Rodrigo Salvador & Antonio Carlos de Francisco, 2020. "Sustainable development and economic performance: Gaps and trends for future research," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(1), pages 368-384, January.
    • Handle: RePEc:wly:sustdv:v:28:y:2020:i:1:p:368-384
    DOI: 10.1002/sd.1982
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    Cited by:

    1. Rosa Maria Dangelico & Luca Fraccascia & Alberto Nastasi, 2020. "National culture's influence on environmental performance of countries: A study of direct and indirect effects," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(6), pages 1773-1786, November.
    2. Imran Abbas Jadoon & Akhter Ali & Usman Ayub & Muhammad Tahir & Raheel Mumtaz, 2021. "The impact of sustainability reporting quality on the value relevance of corporate sustainability performance," Sustainable Development, John Wiley & Sons, Ltd., vol. 29(1), pages 155-175, January.
    3. Bruna, Maria Giuseppina & Loprevite, Salvatore & Raucci, Domenico & Ricca, Bruno & Rupo, Daniela, 2022. "Investigating the marginal impact of ESG results on corporate financial performance," Finance Research Letters, Elsevier, vol. 47(PA).
    4. Ahmad Salman & Ali Al-Hemoud & Saja A. Fakhraldeen & Maha Al-Nashmi & Suad M. AlFadhli & Sungsoo Chun, 2020. "Research and Development as a Moderating Variable for Sustainable Economic Performance: The Asian, European, and Kuwaiti Models," Sustainability, MDPI, vol. 12(18), pages 1-17, September.
    5. Ruy de Castro Sobrosa Neto & Carlos Rogério Montenegro de Lima & Daniel Goulart Bazil & Manoela de Oliveira Veras & José Baltazar Salgueirinho Osório de Andrade Guerra, 2020. "Sustainable development and corporate financial performance: A study based on the Brazilian Corporate Sustainability Index (ISE)," Sustainable Development, John Wiley & Sons, Ltd., vol. 28(4), pages 960-977, July.
    6. Sanoran, Kanyarat (Lek), 2023. "Corporate sustainability and sustainable growth: The role of industry sensitivity," Finance Research Letters, Elsevier, vol. 53(C).
    7. Suwongrat Papangkorn & Pattanaporn Chatjuthamard & Sirimon Treepongkaruna, 2022. "Sustainable development and firm performance: Evidence from Thailand's sufficiency economy philosophy," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1030-1043, October.
    8. Yaghoub Abdi & Xiaoni Li & Xavier Càmara‐Turull, 2022. "How financial performance influences investment in sustainable development initiatives in the airline industry: The moderation role of state‐ownership," Sustainable Development, John Wiley & Sons, Ltd., vol. 30(5), pages 1252-1267, October.
    9. Rodrigo Salvador & Murillo Vetroni Barros & Guilherme Francisco do Prado & Regina Negri Pagani & Cassiano Moro Piekarski & Antonio Carlos de Francisco, 2021. "Knowledge and technology transfer in sustainability reports: Fomenting stakeholder engagement for sustainable development," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 28(1), pages 251-264, January.

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