New model boosts firms' financial efficiency through sustainable practices
The article explores how corporate sustainability affects financial efficiency in companies. The researchers developed a model that looks at different aspects of financial reporting, like earnings, efficiency, debt, and asset management. They found that good asset management can boost a company's profitability and financial health. By analyzing data from listed firms, they showed how these factors are interconnected and can impact decision-making. This study provides a new way to understand how financial reports can influence a company's success.