Sustainable Financial Strategies for Responsible Business Growth

Authors

  • Zimam Khasin Arsyad Institut Teknologi Bandung
  • Sri Hartaty Politeknik Negeri Sriwijaya
  • Deela Adelia Universitas Mitra Bangsa
  • Pri Pantjaningsih STIE Manajemen Bisnis Indonesia
  • Dhaniel Hutagalung Universitas Insan Pembangunan Indonesia

DOI:

https://doi.org/10.59613/global.v2i1.63

Abstract

This research article explores the imperative intersection of sustainable financial strategies and responsible business growth in the contemporary corporate landscape. The study begins by providing a comprehensive literature review, elucidating the evolving discourse on sustainability, corporate responsibility, and financial strategies. It delves into the theoretical frameworks that underpin the synergy between financial sustainability and responsible business practices.

Following the literature review, the research employs a rigorous methodology, incorporating both qualitative and quantitative analyses. Through case studies and financial performance evaluations, the study identifies and assesses sustainable financial practices adopted by successful organizations committed to responsible growth. The findings highlight the correlation between strategic financial decisions and the long-term success of companies dedicated to environmental, social, and governance (ESG) principles.

Furthermore, the article investigates the role of stakeholder engagement and transparent reporting in fostering sustainable financial practices. It discusses how businesses can align their financial strategies with the expectations of diverse stakeholders, including investors, customers, and communities. The research also explores the impact of regulatory frameworks and industry standards on shaping financial decisions that contribute to responsible business growth.

The article concludes with practical insights and recommendations for executives and financial decision-makers to integrate sustainability into their financial strategies effectively. It emphasizes the need for a holistic approach, aligning economic goals with ethical considerations. Ultimately, the research contributes to the growing body of knowledge on sustainable finance and responsible business practices, offering a roadmap for organizations seeking to achieve both financial success and positive societal impact.

Downloads

Published

2024-03-04

How to Cite

Arsyad, Z. K., Hartaty, S., Adelia, D., Pantjaningsih, P., & Hutagalung, D. (2024). Sustainable Financial Strategies for Responsible Business Growth. Global International Journal of Innovative Research, 2(1), 336–342. https://doi.org/10.59613/global.v2i1.63