Skip to content
Research Article Open access CC BY 4.0

The Impact of Sustainability Practices on the Financial Performance of Listed Companies in Saudi Arabia

Almohanna Hessa, Alhussayen Hanan

Journal of Economics, Management and Trade · pp. 38–46 · Published 18 Jun 2024

10.9734/jemt/2024/v30i71223

Abstract

This research explores the relationship between sustainability and financial performance of Saudi listed firms. Using a mixed-methods approach, it examines financial data and sustainability indicators from various industries. Initial findings show a positive impact of sustainability on financial performance, suggesting that organizations adopting sustainable practices tend to have improved financial outcomes. The study also explores the underlying mechanisms driving this relationship, including corporate governance, stakeholder engagement, innovation, and strategic alignment. It also considers contextual factors like industry characteristics, geographical location, regulatory frameworks, and firm size. The findings have implications for academia and practitioners, providing empirical evidence of the benefits and challenges of sustainability practices. The research aims to provide a holistic perspective on guiding organizations towards more sustainable and financially resilient futures.

Corporate sustainability financial performance firm size leverage oil prices

Cited by 5

Sustainable Supply Chain Management Practice of Ethiopian Textile and Apparel Manufacturing Industry

Eyob Minbale, Berihun Bizuneh, Wendosen Seife Haile · Journal of Engineering · 2024

Do ESG Initiatives Improve the Performance of Saudi-listed Banks? The Moderating Effect of Bank Size

May Abdulaziz Alamoudi, Manal Mohammed Hamoudah · International Journal of Accounting, Business and Finance · 2024

A quantitative study on sustainable stratagems and its impact on the financial performance

Fateha Shaheen, Mohammad Rashed Khan · Green Technologies and Sustainability · 2026

Resilience of Companies' Profitability under the Impact of ESG Reporting Transparency in the Supply Value Chain

University of Oradea, Oradea, Romania, Victoria Bogdan, Dana-Simona Gherai · Amfiteatru Economic · 2025

Showing 4 of 5 known citations — external sources report more than can currently be individually listed.

Article metrics

Real usage data collected on this platform.

0

Page views

0

PDF downloads

0

Outbound clicks

5

Citations

Views by country

Approximate, from request IP at view time — not citizenship or institution. Countries with fewer than 5 views are grouped as "Other".

No views recorded yet.

Traffic sources

Referring site, by host.

No traffic recorded yet.

Views and downloads exclude known bots/crawlers. Citations combines this platform's own DOI-resolved index with each external source's own reported total — see Cited by above for individually listed citing works. Last refreshed 0 seconds ago.