A Conceptual Study on the Impact of Sustainable Practices for Business Performance

Abstract

Purpose: The main purpose of this paper is to develop a conceptual framework to determine the impact of sustainable practices (SP) on business performance (BP).

Methodology: The study conducted using a thorough review of selected appropriate extant literature in developing the conceptual model.

Findings: The major finding reveals that sustainable practices can be measured using environmental practices, corporate social responsibility practices and human resource practices and those practices are having an influence on business performance.

Originality: This paper can be considered as an advancement over the previous research as it contributes to broadening the understanding of the possible variables that can be used in results of studies linking SP with BP. Moreover, the conceptual model proposed is a new one covering the approach to ascertain the link between SP and BP.

Research implication: The findings are likely to help to use the conceptual framework towards broadening and deepening the understanding of the debate regarding the sources of variation in the measurement of SP and BP link.

Limitation: This research is limited to papers published up to 2018. Future research can update the findings by using data beyond 2018.