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Impact of corporate governance and financial performance on sustainable innovation beyond the COVID-19 pandemic

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  • Hoang Bui
  • Zoltán Krajcsák

Abstract

This study goes into the research of sustainable innovation and its relation to the corporate governance and firm performance of small and medium-sized enterprises (SMEs) by exploring the changes that business firms carried out to maintain effective resume operation in the context of the post-COVID-19 pandemics. We also show a link between sustainability and financial firm performance. Our results show that sustainable innovation had an indirect positive and significant effect on financial performance, regardless of the business size or sector. The research paper shows that with a practical sustainable innovation, one's firm performance can alter the operation of the companies and generate positive outcomes to boost the recovery of business firms after COVID-19.

Suggested Citation

  • Hoang Bui & Zoltán Krajcsák, 2025. "Impact of corporate governance and financial performance on sustainable innovation beyond the COVID-19 pandemic," International Journal of Business Innovation and Research, Inderscience Enterprises Ltd, vol. 37(2), pages 273-286.
    • Handle: RePEc:ids:ijbire:v:37:y:2025:i:2:p:273-286
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