A Sectoral-Based Approach to the Link Between Financial Performance and Sustainability

Șerban, Radu-Alexandru; Mihaiu, Diana Marieta; Herciu, Mihaela; Ogrean, Claudia

doi:10.2478/sbe-2023-0020

Cited by 5 publications

(1 citation statement)

References 21 publications

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“…Evaluasi kinerja keuangan memainkan peran penting dalam menilai keberlanjutan bisnis (Abd-Mutalib & Shafai, 2023;Alam & Tariq, 2023;Poursoleyman et al, 2022;Șerban et al, 2023;Wang et al, 2023). Studi menyoroti bahwa terdapat hubungan positif antara keberlanjutan perusahaan dan kinerja keuangan, yang menunjukkan bahwa perusahaan berkelanjutan cenderung memiliki kinerja keuangan yang lebih tinggi.…”

Section: Landasan Teoriunclassified

Peran Evaluasi Kinerja Keuangan dalam Konteks Keberlanjutan Bisnis: Tinjauan Analisis Bibliometrik

Judijanto,

Arini,

Andiani

2024

JMWS

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Studi ini bertujuan untuk menjelajahi peran evaluasi kinerja keuangan dalam konteks keberlanjutan bisnis melalui tinjauan analisis bibliometrik. Evaluasi kinerja keuangan bukan hanya menilai efektivitas operasional saat ini, tetapi juga sebagai prediktor keberlanjutan bisnis di masa depan. Namun, penelitian yang mengintegrasikan evaluasi kinerja keuangan dengan strategi keberlanjutan bisnis masih terbatas, khususnya dalam analisis bibliometrik yang mendalam. Melalui analisis ini, pola-pola penelitian sebelumnya dapat diidentifikasi, memberikan wawasan tentang arah penelitian yang mungkin, dan mengisi kekosongan dalam literatur. Dalam konteks keberlanjutan bisnis, evaluasi kinerja keuangan tidak hanya mengukur output finansial, tetapi juga pengelolaan sumber daya secara efisien. Diperlukan pendekatan yang inklusif dan komprehensif untuk menghubungkan kedua aspek ini. Penelitian ini diharapkan dapat memberikan panduan bagi praktisi bisnis dan pembuat kebijakan dalam merumuskan strategi keberlanjutan yang terintegrasi dengan evaluasi kinerja keuangan mereka.

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Section: Landasan Teoriunclassified

Peran Evaluasi Kinerja Keuangan dalam Konteks Keberlanjutan Bisnis: Tinjauan Analisis Bibliometrik

Judijanto,

Arini,

Andiani

2024

JMWS

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Analysis of key influencing factors on the financial performance of Jakarta Islamic Index 30 industrial firms

Kismawadi

2024

JIABR

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Purpose The purpose of this paper is to investigate the impact of size, asset quality, asset management, financial risk, gross domestic product and inflation rate on the financial performance of companies listed on the Jakarta Islamic Index of 30 industrial firms. Design/methodology/approach Based on the selected criteria, this study analysed an unbalanced panel of data from 30 industrial companies on the Indonesian capital market that are members of the Jakarta Islamic index. Profitability is measured using the dependent variables return on assets (ROA), return on equity (ROE) and stock prices. The influence of explanatory variables of internal factors, namely, size, asset quality, asset management, financial risk, gross domestic product and inflation is investigated using pooled OLS, fixed and random effect estimation. Findings The empirical findings indicate that the scale of a company has a significant impact on its performance, asset quality, asset management and financial risk. GDP has a substantial impact on financial performance, particularly as measured by ROA and ROE. This study’s ramifications have substantial effects on a broad spectrum of stakeholders. The results of this study provide the general public and investors with a greater understanding of the factors that influence a company’s performance on the Jakarta Islamic Index 30. Research limitations/implications The implication of this research is that a deeper comprehension of the factors that influence the financial performance of companies within industrial sectors that follow Islamic finance principles can help design more effective strategies and policies. Practical implications This research has significant practical implications in a number of crucial areas. First, it provides a comprehensive comprehension of the company’s financial performance in the industrial sector in accordance with Islamic finance principles. Second, the research findings provide more precise guidance on how company size, asset quality and macroeconomic variables influence the performance of Indonesia's financial market. Originality/value The study’s authenticity and value hold considerable importance. This study introduces novel perspectives on the assessment of corporate financial performance within industrial sectors through the lens of Islamic finance principles. It offers valuable insights that have not yet been extensively investigated by scholars in the field.

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Analysis of the Links Between ESG Performance and Liquidity Rates for the Companies Listed on the Emerging Markets in the European Union

Vasiu

2023

Studies in Business and Economics

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Nowdays investors and other stakeholders increasingly consider ESG factors when making investment decisions. They were supported by numerous rating agencies that developed a large number of indices and reporting standards to facilitate the choice of the most sustainable companies from an ESG perspective. When the relationship between financial performance and sustainability was analyzed, the researchers did not reach an unanimously accepted conclusion: many studies show a positive relationship, while others show a negative one. In many studies, the relationship between ESG performance and financial performance, assessed through profitability rates was privileged. The aim of this study is to investigate if there is a relationship between ESG performance and the liquidity rates of the listed companies from emerging financial markets in European Union. The emerging markets in European Union were selected due to their attractiveness, as they offer high earning possibilities to investors. At the same time, aspects regarding the mandatory of non-financial sustainability reporting, starting from 2023, were taken into account. This will increase the comparability and homogeneity of ESG scores, but will also generate additional reporting costs, putting suplimentary pressure on companies.

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A Sectoral-Based Approach to the Link Between Financial Performance and Sustainability

Cited by 5 publications

References 21 publications

Peran Evaluasi Kinerja Keuangan dalam Konteks Keberlanjutan Bisnis: Tinjauan Analisis Bibliometrik

Peran Evaluasi Kinerja Keuangan dalam Konteks Keberlanjutan Bisnis: Tinjauan Analisis Bibliometrik

Analysis of key influencing factors on the financial performance of Jakarta Islamic Index 30 industrial firms

Analysis of the Links Between ESG Performance and Liquidity Rates for the Companies Listed on the Emerging Markets in the European Union

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