Title: Modelling the impact of corporate sustainability on economic performance with reference to Indian financial industry

Authors: Geeti Sharma; Sahil Gupta

Addresses: Management Department, IMS Ghaziabad, University Course Campus, India ' Management Department, IMS Ghaziabad, University Course Campus, India

Abstract: Corporate sustainability is a buzzword these days and is instrumental in achieving a comparative advantage by the corporates. The study intends to study the influence of corporate sustainability on economic performance concerning the Indian banking industry. Structural equation modelling, a multivariate technique, is employed in this study to measure the relationship between corporate sustainability and economic performance. Results show the significant but moderate positive relationship between economic performance and corporate sustainability. The findings would be beneficial to the experts in the allocation of limited resources to improve the corporate sustainability performance of firms, particularly in the Indian banking sector.

Keywords: economic performance; Indian financial industry; sustainability practices; structural equation modelling.

DOI: 10.1504/WREMSD.2020.107272

World Review of Entrepreneurship, Management and Sustainable Development, 2020 Vol.16 No.3, pp.317 - 328

Received: 15 Jul 2019
Accepted: 22 Jul 2019

Published online: 03 Apr 2020 *

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