Author(s)

Zhirong Che ¹

Affiliation(s)

¹ Huangda Sin Temple of Taoism in Guangzhou, Guangzhou, 510000, China

Corresponding Author

Zhirong Che

ABSTRACT

With the growing importance of the global Sustainable Development Goals (SDGs), companies must focus on environmental and social responsibility while pursuing economic growth. Financial management plays a crucial role in this process, which not only involves effective allocation of funds and risk management, but also influences sustainability performance in corporate decision-making. This paper explores how financial management can contribute to the sustainable development of enterprises through resource allocation, performance evaluation and transparency enhancement. Meanwhile, it analyzes the transformative impact of emerging trends such as digital transformation and green finance on financial management. Through case studies, lessons learned from successes and failures are revealed to provide guidance for future financial management practices. Finally, the new challenges and opportunities of financial management in enterprise sustainable development are envisioned, with a view to providing references for research and practice in related fields.

KEYWORDS

Financial management, sustainability, business transformation, green finance, resourcing, performance measurement, financial transparency, digital transformation, data analytics, stakeholders

CITE THIS PAPER

Zhirong Che, The Role and Change of Financial Management in Corporate Sustainability. Accounting, Auditing and Finance (2024) Vol. 5: 56-62. DOI: http://dx.doi.org/10.23977/accaf.2024.050308.

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