Social responsibility and environmental sustainability issues began to be paid attention in Vietnam due to the impressive economic development in recent years. However, corporate social responsibility (CSR) is still quite a new management concept, especially for small and medium enterprises. Managers are facing multiple obstacles in executing CSR programs in accordance with international standards. Regarding corporate environmental sustainability (CES), the idea of sustainable development is a rising trend in today's business reality. Essentially, CSR is regarded as a part of the overall sustainability issues. For the purpose of studying the impact of CSR and CES on corporate financial performance (CFP), quantitative method has been used to examine the relation between CSR and CFP. Qualitative method has been applied to verify the relation between CSR, CES, and CFP. On the basis of findings, several useful suggestions are made for managers to improve business performance and sustainable development in Vietnam.

The association between economic growth (EG) and environmental degradation (ED) has been highlighted extensively in prior studies. However, investigation regarding 'technological innovation and clean energy role' in dealing with environmental concerns has comprised limited context while considering the ASEAN economies under sustainable development goals. Therefore, the study attempts to investigate the phenomenon by using CS-ARDL analysis under short as well as long run. The findings through CS-ARDL in long-and short-run indicate that REN have impact carbon emission and ecological footprints negatively. Additionally, the EG in targeted economies is causing a higher level of CE and ecological footprints. Whereas, GDP2ofund to be significant in lowering the ED in the form of CE and ecological footprints. It is suggested that policies related to CE through EG should be developed in order to control the environmental issues in the future.

No abstract

No abstract

No abstract