FINANCIAL MANAGEMENT AS A CATALYST FOR CORPORATE SUSTAINABILITY AND COMPETITIVE ADVANTAGE IN EMERGING ECONOMIES
Keywords:
Financial Management, Corporate Sustainability, Competitive Advantage, Emerging Economies.Abstract
This conference thesis investigates the critical role of financial management in fostering corporate sustainability and securing competitive advantage, with particular emphasis on enterprises operating in emerging economies. In an environment marked by resource constraints, institutional volatility, and rapid market liberalization, effective financial management transcends traditional boundaries to become a strategic enabler of organizational resilience and long-term value creation. The paper examines the interconnected dimensions of financial planning, working capital management, investment decision-making, and risk mitigation, arguing that their synergistic application is essential for navigating the unique challenges faced by firms in developing markets.
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