SUSTAINABLE FINANCIAL MANAGEMENT PRACTICES
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- NGN 3000
Abstract: SUSTAINABLE FINANCIAL MANAGEMENT PRACTICES
This study examines sustainable financial management practices and their impact on corporate performance. Objectives include identifying key sustainable financial practices, evaluating their impact on financial performance, and assessing the challenges in implementing these practices. A survey research design is used to collect data from financial managers in various industries. Using Taro Yamane's formula, a sample size of 300 firms in Lagos, Nigeria, was chosen. The reliability coefficient score of the survey instrument is 0.88. Findings indicate that sustainable financial management practices, such as green financing and sustainable investment, significantly enhance corporate performance and stakeholder trust. Recommendations include adopting sustainable financial practices and integrating sustainability into corporate financial strategies to achieve long-term benefits.
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