Linking corporate sustainability and corporate governance

• Main Author: Umali, Mar Andriel S.
• Format: text
• Published: Animo Repository 2016
• Subjects: Corporate governance; Sustainability; Social responsibility of business; Business Administration, Management, and Operations
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/12652
• Institution: De La Salle University

Corporate sustainability has become a global trend for firms in the past decade, both in developing and emerging markets. While most research focuses in finding the evidence of the long-term effects of this corporate action to firms' financial performance, and how it affects shareholder's value, this paper focuses on the other side of the spectrum. The aim of this research is to find the effect of corporate governance rating and mechanisms to corporate sustainability performance. Building upon the stakeholder and legitimacy theory, a proposed model is presented, with the expectation that corporate governance will have positive impact on corporate sustainability performance. This paper will provide additional insights on the subject, with a highlight from an emerging market's perspective, using Southeast Asian countries.