SUSTAINABLE FUTURE: THE ROLE OF MODERN ANALYTICS IN FINANCIAL PLANNING

被引:0
|
作者
Hota, Sweta Leena [1 ]
Pattnaik, Sonali [1 ]
Champatiray, Manisha Yagyaseni [1 ]
Mallick, Swapna Swarupa [1 ]
Kumar, Anuj [2 ,3 ]
机构
[1] KIIT Deemed Be Univ, Dept Commerce, Bhubaneswar, India
[2] Rushford Business Sch, Valencia, Spain
[3] INTI Int Univ, Nilai, Negeri Sembilan, Malaysia
关键词
Sustainable Financial Management; Sustainable Development; Modern Data Analytics; ESG Integration; BIG DATA; GREEN;
D O I
10.20867/thi.27.26
中图分类号
F [经济];
学科分类号
02 ;
摘要
Purpose - In order to simultaneously improve production and reduce financial risks in line with the Sustainable Development Goals (SDGs), effective financial management models are essential. This study explores how sustainability is incorporated into financial management and its role in supporting sustainable business practices. Methodology - Employing descriptive and deductive research approaches, this research employs secondary data analysis to examine how financial models impact sustainable development. Utilizing scholarly sources, it investigates how environmental and sustainable factors might be included into financial risk modelling. Findings - The study emphasizes how important it is to include sustainability into financial management in order to maintain long-term profitability and sustainability for businesses. It emphasizes how important financial models are to reaching goals for sustainable development and offers in-depth knowledge of environmentally friendly and sustainable financing techniques. Contribution of Research - This study adds to the discussion on sustainable business practices by highlighting the need to include sustainability into financial management techniques. It suggests incorporating ecological elements into financial risk modelling in order to correspond with the Sustainable Development Goals (SDGs) and supports the use of capital budgeting strategies to support sustainable development initiatives.
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页码:185 / 193
页数:9
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