Strategies for Achieving Corporate Sustainability through Effective Financial Advisory in the U.S. Market
Oluwatomilayo Amole *
Babcock University, Nigeria.
Omotunde Ojo
The University of Texas at Austin, USA.
*Author to whom correspondence should be addressed.
Abstract
Aim: To explore how financial advisory can promote corporate sustainability in the United States (U.S) market, incorporating sustainable business practices into financial goals.
Study Design: A review of the financial advisory strategies to attain corporate sustainability in the U.S., with focus on literature from 2019 to 2024.
Methodology: The research was based on a systematic literature review, examining sources from databases such as Google Scholar, Scopus, SSRN, and Business Source Complete. The selected articles will discuss corporate sustainability, financial advisory strategies, and the U.S. market context.
Results: The review identifies 25 key studies that outline the role of financial advisors in corporate sustainability. The studies explain the use of sustainability-oriented financial products, ESG (Environmental, Social, and Governance) metrics, and long-term risk mitigation strategies in advising businesses. Tailored advisory solutions to corporate goals and industry regulations were found to considerably improve sustainability efforts while maintaining financial performance.
Conclusions: Effective financial advisory practices have allowed U.S. corporations to navigate the complexities of sustainable development without compromising profitability. Indeed, these promising outcomes will require further research about their long-term effects and general economic implications.
Keywords: Corporate sustainability, financial advisory strategies, ESG practices, sustainable finance, green financial products, corporate risk mitigation