IDEAS home Printed from https://ideas.repec.org/h/spr/prbchp/978-981-96-4116-1_42.html
   My bibliography  Save this book chapter

Factors Determining Sustainable Financial Performance: Evidence from Emerging Markets of South East Asia

In: New Challenges of the Global Economy for Business Management

Author

Listed:
  • GholamReza Zandi

    (Universiti Kuala Lumpur Business School)

  • Imran Ahmed Shahzad

    (UNAIR-Universitas Airlangga
    Sophia Antipolis)

  • Muhammad Usman

    (Bahauddin Zakariya University)

  • Sandy Low Bee Choo

    (Universiti Kuala Lumpur Business School)

  • Muhammad Sadiq Shahid

    (Bahauddin Zakariya University)

Abstract

The global climate is undergoing substantial changes due to the extensive use of cost-effective energy sources, particularly fossil fuels and coal, which are major contributors to carbon emissions. This paper seeks to present new insights on the interconnections between corporate social responsibility (CSR), innovation, green investments, corporate governance, and sustainable financial outcomes. The study focuses on firms that comply with the ISO 14001 environmental quality standard, aiming to assess the relationships among these variables and provide recommendations for adopting green technological innovations. The research is based on a sample of companies from Pakistan, India, and China that have embraced this environmental standard. Data was gathered through a well-structured questionnaire, distributed to company officials and management via online channels and social media platforms. The findings reveal a significant and positive correlation between green investment, corporate governance, CSR, innovation, and sustainable financial performance. Furthermore, corporate governance serves as a critical moderator in the relationship between green investment and sustainable financial performance, as well as between CSR and financial performance.

Suggested Citation

  • GholamReza Zandi & Imran Ahmed Shahzad & Muhammad Usman & Sandy Low Bee Choo & Muhammad Sadiq Shahid, 2025. "Factors Determining Sustainable Financial Performance: Evidence from Emerging Markets of South East Asia," Springer Proceedings in Business and Economics, in: Sebastian Kot & Bilal Khalid & Adnan ul Haque (ed.), New Challenges of the Global Economy for Business Management, pages 675-689, Springer.
    • Handle: RePEc:spr:prbchp:978-981-96-4116-1_42
    DOI: 10.1007/978-981-96-4116-1_42
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:prbchp:978-981-96-4116-1_42. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.