6533b856fe1ef96bd12b30da
RESEARCH PRODUCT
The financial performance of listed companies in pursuit of the Sustainable Development Goals (SDG)
Carlos LassalaMaria Orero-blatSamuel Ribeiro-navarretesubject
Sustainable developmentEconomics and EconometricsFinancial performanceSustainable Development Goals (SDG)Fuzzy setEconomic growth development planningFuzzy-setRegional economics. Space in economicsFinancial performanceHT388Value (economics)Financial performance; corporate social responsibility (CSR); Sustainable Development Goals (SDG); fuzzy-setHD72-88ORGANIZACION DE EMPRESASBusinessEconomic systemSocial responsibilityCorporate social responsibility (CSR)description
[EN] 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.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2021-02-01 |