A review of accounting, management and sustainability imperatives of sustainable transformative performance

Abstract

In the dynamic contemporary business environment, sustainability has evolved as a central pillar of organisational performance, as financial performance is no longer considered a firm's sole objective. However, the impact of sustainability practice on accounting, management and strategies has been told in a disparate manner. As a result, this systematic literature review analyses and synthesises the complex intersection of accounting, management practices, and the compelling mandates of sustainability. This literature review covers numerous facets of organisational practices and performance as it moves through several research themes involving the nexus of accounting, management, and sustainability. The study reviews topics like financial valuation and reporting, looking at the complex connection between financial performance and sustainability disclosures. The study also discusses management and accounting procedures, looking closely at how organisations are changing their plans to comply with sustainability requirements. This covers issues including fraud prevention techniques and cost management focusing on sustainability. The review also looks into the complex effects of sustainability practices on economic development, growth, and investment. It discusses how foreign direct investments affect the sustainability of host nations' economies. In addition, the study explores the views of educators on the efficacy of efforts focused on sustainability within the context of education and academia. The study also examines career paths in accounting academia to shed light on how educational institutions contribute to a sustainable future. Finally, the study examines gender variations in employee attrition and how talent management strategies are perceived. This is done by focusing on talent management and human resources.