New issue of the Corporate Governance and Sustainability Review journal

The editorial team of Virtus Interpress is delighted to publish the third issue (Volume 5, Issue 3) of the journal “Corporate Governance and Sustainability Review” in 2021. This issue contains the papers dedicated to various key points of corporate governance and sustainability, among such corporate financial performance, performance reporting, corporate social responsibility (CSR), CSR strategies, CSR-based marketing strategies, mandatory CSR, cross-cultural differences, economic development, COVID-19 pandemic, economic crisis, economic growth, unemployment, international trade and public finance, sustainable banking, sustainable development, sustainable banking practices, environmental, social and governance (ESG), gender diversity, women on board, financial performance, etc.

In the first paper of this issue, Emmanuel Selase Asamoah and Albert Puni examine the relationships between corporate governance and financial performance of listed companies, Ghana Stock Exchange (GSE), over the period 2015–2020. The authors conclude that companies that implement the corporate governance guidelines on best practices stand a better chance of enhancing CFP especially with performance targets that integrate shareholder value maximization.

The focus of the next research is to investigate consumer attitudes about CSR strategies used by organizations, using a non-western perspective. Sweta Srivastava Malla and Sharad Chandra Sharma articulate how understanding consumer perceptions of various CSR initiatives will aid in aligning business behaviour with stakeholder expectations as a vital criterion to ensure business model sustainability. The findings of their study show that consumers are influenced by CSR platforms, initiatives, and specific marketing strategies. Outcomes of their results offer implications and applications for practitioners.

Jameel Aljaloudi in his study investigates the impact of COVID-19 on the economy within the context of Jordan. His study rooted in key macro-economic indicators; economic growth, an unemployment rate, foreign trade (imports and exports), public revenues, public spending, a public debt, and a budget deficit. The findings of the study indicate a slowdown in the rate of economic growth, an increase in the unemployment rate, a decrease in exports and imports, an increase in the public debt, and a budget deficit.

Deepika Saxena, Neelam Dhall, and Rashika Malik focus on exploring various sustainable banking practices, in national and international settings, and identifying the existing framework developed for assessing the performance of sustainable banking practices. They develop a framework for assessing the performance of sustainable banking practices. They highlight that sustainability issues focused by banks primarily involve environmental and social considerations, however, the governance aspect has not yet been considered by many.

The research of Jagvinder Singh, Shubham Singhania, and Deepti Aggrawal offers a comprehensive review of the flounce of gender diversity on corporate boards using bibliometric mapping. The aim of this study is to analyze the scientific articles to understand the growth of this concept under various dimensions. The findings suggest the prominent countries, significant authors, major studies, and top journals in this domain. In addition, the study identifies the various dimensions such as financial performance, social performance, environmental performance, sustainability disclosures being impacted due to the presence of gender diversity.

The final study in this issue by Poojaa Gokarna and Bala Krishnamoorthy provides insights into the CSR strategies adopted by corporates in India during the COVID-19 pandemic through exploratory research. Findings of their study show evidence regarding corporate commitment towards alleviating the consequence of the virus by multiple CSR strategies.

The full issue of the journal is available at the following link.

We wish you pleasant and informative reading!