The financial performance of listed companies in pursuit of the Sustainable Development Goals (SDG)

被引：59
|
作者：
Lassala, Carlos [1 ]
Orero-Blat, Maria [2 ]
Ribeiro-Navarrete, Samuel [2 ]
机构：
[1] Univ Valencia, Dept Corp Finance, Valencia, Spain
[2] Univ Politecn Valencia, Valencia, Spain
来源：
ECONOMIC RESEARCH-EKONOMSKA ISTRAZIVANJA | 2021年 / 34卷 / 01期
关键词：
Financial performance; corporate social responsibility (CSR); Sustainable Development Goals (SDG); fuzzy-set;
D O I：
10.1080/1331677X.2021.1877167
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Socially responsible companies whose values are aligned with the United Nations Sustainable Development Goals (UN SDGs) contribute to creating wealth and long-term economic and social value. This alignment leads to a competitive advantage based on the triple bottom line that enhances financial performance. In this paper, fuzzy-set qualitative comparative analysis (fsQCA) is used to identify the configurations of conditions that lead to high or low financial performance (return on equity) for a sample of companies in the IBEX 35. Firms should adopt business models that embrace the SDGs because sustainability-based models can ensure not only the present but also the future of generations to come.
引用
收藏
页码：427 / 449
页数：23
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