TY - JOUR
T1 - Achieving Sustainable Excellence
T2 - Corporate Governance, Environmental Performance, Innovation, and Financial Success
AU - Yassin, Mohammed M.
AU - Abdallah, Ahmad Adel Jamil
AU - Altahtamouni, Farouq
AU - Alsmadi, Ayman
AU - Al-Okaily, Manaf
N1 - Publisher Copyright:
© 2025, Economic Laboratory for Transition Research. All rights reserved.
PY - 2025
Y1 - 2025
N2 - This research looks at how corporate governance, environmental performance, innovation, and financial success interact in Jordanian manufacturing enterprises. Our thorough analysis demonstrates that strong corporate governance standards, including board independence, ownership structure, and composite governance scores, have a beneficial influence on Return on Assets (ROA) and stock price. Environmental performance emerges as a driver of financial success, confirming the link between environmentally friendly behaviors and financial success. Furthermore, research and development (R&D) spending has been shown to improve financial success. Corporate governance has been regarded as a driver for innovation, creating a creative culture. Furthermore, innovation serves as a bridge between corporate governance and financial success. The link between corporate governance and financial success is mediated by environmental performance. Further investigation reveals that innovation has a moderating effect on the association between financial results and environmental performance. These findings provide practical counsel for long-term corporate strategies, yet the study's shortcomings call for additional research in a variety of scenarios.
AB - This research looks at how corporate governance, environmental performance, innovation, and financial success interact in Jordanian manufacturing enterprises. Our thorough analysis demonstrates that strong corporate governance standards, including board independence, ownership structure, and composite governance scores, have a beneficial influence on Return on Assets (ROA) and stock price. Environmental performance emerges as a driver of financial success, confirming the link between environmentally friendly behaviors and financial success. Furthermore, research and development (R&D) spending has been shown to improve financial success. Corporate governance has been regarded as a driver for innovation, creating a creative culture. Furthermore, innovation serves as a bridge between corporate governance and financial success. The link between corporate governance and financial success is mediated by environmental performance. Further investigation reveals that innovation has a moderating effect on the association between financial results and environmental performance. These findings provide practical counsel for long-term corporate strategies, yet the study's shortcomings call for additional research in a variety of scenarios.
KW - Corporate Governance
KW - Environmental Performance
KW - Financial Success
KW - Innovation
KW - Sustainable Excellence
UR - https://www.scopus.com/pages/publications/105002597882
U2 - 10.14254/1800-5845/2025.21-2.9
DO - 10.14254/1800-5845/2025.21-2.9
M3 - Article
AN - SCOPUS:105002597882
SN - 1800-5845
VL - 21
SP - 123
EP - 147
JO - Montenegrin Journal of Economics
JF - Montenegrin Journal of Economics
IS - 2
ER -