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Financial sustainability and derivatives: a theoretical approach

Author

Listed:
  • Gabija Simaite

    (Vilnius University, Faculty of Economics and Business Administration.)

  • Greta Keliuotyte-Staniuleniene

    (Vilnius University, Faculty of Economics and Business Administration.)

Abstract

This paper analyses the theoretical issues of financial sustainability on several levels. First of all, the variety of definitions of sustainability is discussed. After that, the concept of financial sustainability is clarified and the main elements of financial sustainability are indicated. Finally, the map of financial sustainability concepts is presented and three main approaches to financial sustainability (at international, national, and company levels) are identified. In addition, the relationship between the application of financial derivatives and a company's financial sustainability is briefly discussed.

Suggested Citation

  • Gabija Simaite & Greta Keliuotyte-Staniuleniene, 2023. "Financial sustainability and derivatives: a theoretical approach," Technium Social Sciences Journal, Technium Science, vol. 39(1), pages 370-376, January.
    • Handle: RePEc:tec:journl:v:39:y:2023:i:1:p:370-376
    DOI: 10.47577/tssj.v39i1.7950
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    References listed on IDEAS

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    2. Bachiller, Patricia & Boubaker, Sabri & Mefteh-Wali, Salma, 2021. "Financial derivatives and firm value: What have we learned?," Finance Research Letters, Elsevier, vol. 39(C).
    3. Bessler, Wolfgang & Conlon, Thomas & Huan, Xing, 2019. "Does corporate hedging enhance shareholder value? A meta-analysis," International Review of Financial Analysis, Elsevier, vol. 61(C), pages 222-232.
    4. Luis Miguel Fonseca & José Pedro Domingues & Alina Mihaela Dima, 2020. "Mapping the Sustainable Development Goals Relationships," Sustainability, MDPI, vol. 12(8), pages 1-15, April.
    5. Marco Migliorelli, 2021. "What Do We Mean by Sustainable Finance? Assessing Existing Frameworks and Policy Risks," Sustainability, MDPI, vol. 13(2), pages 1-17, January.
    6. Serhiy Zabolotnyy & Mirosław Wasilewski, 2019. "The Concept of Financial Sustainability Measurement: A Case of Food Companies from Northern Europe," Sustainability, MDPI, vol. 11(18), pages 1-16, September.
    7. Marco Migliorelli, 2021. "What Do We Mean by Sustainable Finance? Assessing Existing Frameworks and Policy Risks," Post-Print hal-03476960, HAL.
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    Cited by:

    1. Jason Kobina Arku & Yunfei Shao & Shadrach Twumasi Ankrah, 2024. "Building a Hierarchical Enablers Framework for Service Business Model Innovation for Sustainable Performance: Evidence from Ghana’s Electricity Sector," Sustainability, MDPI, vol. 16(8), pages 1-23, April.
    2. Mahmud Buburanda & Usman Rianse & La Ode Alwi & Adris Ade Putra, 2023. "Road maintenance management system in Kendari City, Southeast Sulawesi, Indonesia," Technium Social Sciences Journal, Technium Science, vol. 45(1), pages 437-448, July.

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