Artikel

Does corporate sustainable development still promote corporate financial performance during global crises? Empirical Study from China

The purpose of this study is to find out how the positive influence of corporate sustainable development on corporate financial performance alters during the two recent crises i.e. the global recession (2008-10) and COVID-19 (2019-20). The fixed effect modeling of panel data is applied in the main analysis of Chinese manufacturing companies ranging from 2008 to 2020. The results of the study disclose that there is an overall positive influence of corporate sustainable development on corporate financial performance. However, this influence becomes stronger during both crises i.e. the global recession (2008-10) and COVID-19 (2019-20). Moreover, this positive influence is even stronger during covid −19 recession as compared to this influence during the global recession (2008-10).

Sprache
Englisch

Erschienen in
Journal: Cogent Business & Management ; ISSN: 2331-1975 ; Volume: 10 ; Year: 2023 ; Issue: 1 ; Pages: 1-16

Klassifikation
Management
Corporate Culture; Diversity; Social Responsibility
Accounting
Thema
Covid-19 (2019-20)
financial performance
global recession (2008-10)
Sustainable development

Ereignis
Geistige Schöpfung
(wer)
Hamed, Ruba
Al-Shattarat, Wasim
Mahmood, Faisal
Al-Shattarat, Basiem
Hassanein, Ahmed
Ereignis
Veröffentlichung
(wer)
Taylor & Francis
(wo)
Abingdon
(wann)
2023

DOI
doi:10.1080/23311975.2023.2190195
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Artikel

Beteiligte

  • Hamed, Ruba
  • Al-Shattarat, Wasim
  • Mahmood, Faisal
  • Al-Shattarat, Basiem
  • Hassanein, Ahmed
  • Taylor & Francis

Entstanden

  • 2023

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