Corporate Sustainability Reporting and Corporate Financial Growth

Abstract

This study is a detailed synthesis of sustainable practices within the financial systems and how corporate disclosure is fundamental with regard to sustainable financial growth. This report illustrates the value added to specific firms and industries through sustainable approaches as well as the occurrence of more optimal decisions by managers through sustainable policy integration with the financial decisions. The report provides an outlook on the risks associated with the sustainability initiative and how such risks can be managed for seamless integration of sustainability aspects within the financial systems. The research also covers a case study of Western and Islamic financial systems and finally concludes on the relevance of the non-financial and macroeconomic factors in more accurate prediction of financial distress in firms.