The role of sustainable development goals, financial knowledge and investment strategies on the organizational profitability: Moderating impact of government support
Jinpeng Yang, Xiaolin Liu
Abstract
Recently, sustainable development goals (SDG) and investment strategies and knowledge has become the foremost factors for the high organizational profitability and capture the focus of recent studies and policymakers. Therefore, the current study aims to examine the impact of SDG, investment strategies and financial knowledge on the organizational profitability of manufacturing firms in China. Furthermore, the study examines the role of government support in the interplay between investment plans, financial understanding, and the profitability of organisations. Survey questionnaires and smart-PLS were used to collect data and analyse reliability and correlations. The findings show that SDGs, investment strategies, and financial knowledge all play a substantial role in a company's profitability.The results also revealed that government support moderates significantly among investment strategies, financial knowledge, and organizational profitability. This study guides the regulators while developing policies regarding SDG and investment strategies with respect to organizational profitability.