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Beyond Profitability: Behavioral and Sustainability Dimensions in Corporate Financial Management Cover

Beyond Profitability: Behavioral and Sustainability Dimensions in Corporate Financial Management

Open Access
|Oct 2025

Abstract

Traditional financial management prioritizes profitability, liquidity, and risk as indicators of corporate success. However, emerging literature and empirical observations suggest that such a narrow focus may overlook significant behavioral and sustainability factors influencing long-term corporate welfare. This paper builds on the Easterlin Paradox and insights from happiness economics to argue for a broadened conceptual framework. Using ESG indicators and Maslow’s hierarchy of needs as a metaphorical bridge, we propose a multidimensional model of financial management that incorporates social responsibility, stability, and long-term well-being.

Language: English
Page range: 147 - 155
Published on: Oct 14, 2025
In partnership with: Paradigm Publishing Services
Publication frequency: 1 issue per year

© 2025 Peter Krištofík, Lea Šlampiaková, published by WSB Merito University in Gdansk
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.