Akademik Veri Yönetim Sistemi
12. “International CEO (Communication, Economics, Organization) Social Sciences Congress (CEO SSC), Karachi, Pakistan, 6 - 07 Aralık 2025, ss.105, (Özet Bildiri)
This study aims to provide a comprehensive review of the existing literature on the impact of corporate sustainability performance on firm performance. In recent years, businesses have increasingly integrated environmental, social, and governance (ESG) considerations into their strategic decision-making processes. Sustainability performance is no longer solely an ethical obligation but has become a strategic indicator that reflects a firm's competitive advantage, corporate reputation, and long-term financial potential. The literature suggests that sustainability practices contribute to firm performance through various channels. Environmental management improvements can reduce costs and enhance operational efficiency, governance practices strengthen risk management and lower the cost of capital, and social responsibility initiatives increase trust among investors, customers, and other stakeholders. While most studies indicate a positive impact of sustainability on financial performance, some argue that sustainability investments may have short-term cost implications, and the effects can vary depending on industry, country, and firm characteristics. Overall, the literature highlights that corporate sustainability is a multidimensional factor influencing firm performance, risk profile, stakeholder relations, and long-term strategic positioning. This study synthesizes these findings to offer a holistic perspective on the sustainability–performance relationship, emphasizing the importance for firms to integrate sustainability into their core strategies and for policymakers to create regulatory frameworks that encourage responsible corporate practices.