财务可持续性与股价关系的系统评价

S. Ramakrishnan, Hamad Raza, S. Gillani, Humara Ahmad
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引用次数: 1

摘要

在当今的企业世界中,公司面临的最关键问题之一是财务可持续性,这可能影响公司的整体盈利能力、效率和绩效。财务增长被认为是股票最重要的价值驱动因素之一,需要充分的控制。由于当代市场的可持续财务增长问题逐渐变得严峻,即如果企业的收入增长不受限制,这可能导致企业面临重大的财务困难。因此,本研究旨在确定财务可持续性对股价的影响。虽然财务可持续性是企业财务学科中一个较不发达的新课题,但其重要性却日益凸显。本研究系统地探讨了财务可持续性与股价之间的关系,并在2011年至2020年期间发表了16篇相关文章。调查结果显示,人们对财务可持续性及其对股东财富影响这一主题的兴趣正在增长。本文试图通过对所选文章的分析,批判性地评估研究结果,对系统综述进行分类和覆盖,突出了新兴的财务可持续性商业相关理论,并为未来的研究提出了一系列方向
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A Systematic Review of Relationship between Financial Sustainability and Share Price
One of the most critical problems faced by companies in today's corporate universe world is financial sustainability, which can influence firms' overall profitability, efficiency and performance. Financial growth is thought to be one of the most important value drivers of equity shares, requiring adequate control. Since the issues of sustainable financial growth in the contemporary market are gradually becoming severe, i.e., if businesses have unrestrained income growth, this can lead businesses to major financial difficulties. Therefore, this research aims to determine the effect of financial sustainability on the share price. While financial sustainability is a less developed and new topic in the subject of corporate finance, but it is now becoming increasingly important. The present study explores systematically the relationship between financial sustainability and share price in 16 related articles published between 2011 to 2020. The findings reveal that the interest in the subject of financial sustainability and its impact on shareholder wealth is growing. This paper attempts to classify and cover the systematic review by critically evaluating the findings through analyzing the selected articles, which highlights the emerging business-related theories of financial sustainability and sets out a range of directions for future studies
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