Volume 2 , Issue 2 , PP: 106-114, 2021 | Cite this article as | XML | Html | PDF | Full Length Article
Mahmoud M. Ismail 1
Doi: https://doi.org/10.54216/AJBOR.020205
Amidst the evolving landscape of finance, integrating sustainability principles into asset management stands as a pivotal pursuit for fostering long-term value creation. This research addresses the symbiotic relationship between business intelligence methodologies and sustainable asset management within the domain of finance. Leveraging advanced machine learning techniques including logistic regression, XGBoost, and CatBoost, this study delves into the exploration of sustainable finance practices and their implications for optimized asset management strategies. The study analyzes and models Asset data, aiming to understand the multifaceted dynamics and interdependencies shaping sustainable asset management decisions. Logistic regression serves as a foundation to model the relationships between variables, while XGBoost and CatBoost handle the complexities of categorical attributes, predicting outcomes related to sustainability metrics and financial performance indicators within the asset portfolio. Through comprehensive analyses and visualizations, this research illuminates critical insights into the influential factors driving sustainable asset management decisions. The findings underscore the significance of leveraging data-driven methodologies to optimize asset management strategies aligned with environmental, social, and governance considerations.
Sustainable finance , Business Analytics, Asset optimization , Environmental sustainability , Financial data analysis , Strategic decision-making , ESG (Environmental , Social , and Governance) , Investment Management , Data-driven strategies , Financial sustainability.
[1]. Wang, Gang, Angappa Gunasekaran, Eric W T Ngai, and Thanos Papadopoulos. 2016. “Big Data Analytics in Logistics and Supply Chain Management: Certain Investigations for Research and Applications.” International Journal of Production Economics 176: 98–110.
[2]. Turban, Efraim. 2011. Decision Support and Business Intelligence Systems. Pearson Education India.
[3]. Sharma, Rajeev, Sunil Mithas, and Atreyi Kankanhalli. 2014. “Transforming Decision-Making Processes: A Research Agenda for Understanding the Impact of Business Analytics on Organisations.” European Journal of Information Systems 23 (4): 433–41.
[4]. Huggins, Robert. 2010. “Regional Competitive Intelligence: Benchmarking and Policy-Making.” Regional Studies 44 (5): 639–58.
[5]. Baars, Henning, and Hans-George Kemper. 2008. “Management Support with Structured and Unstructured Data—an Integrated Business Intelligence Framework.” Information Systems Management 25 (2): 132–48.
[6]. Ngai, Eric W T, Yong Hu, Yiu Hing Wong, Yijun Chen, and Xin Sun. 2011. “The Application of Data Mining Techniques in Financial Fraud Detection: A Classification Framework and an Academic Review of Literature.” Decision Support Systems 50 (3): 559–69.
[7]. Carter, Craig R, and Dale S Rogers. 2008. “A Framework of Sustainable Supply Chain Management: Moving toward New Theory.” International Journal of Physical Distribution \& Logistics Management 38 (5): 360–87.
[8]. Azapagic, Adisa. 2004. “Developing a Framework for Sustainable Development Indicators for the Mining and Minerals Industry.” Journal of Cleaner Production 12 (6): 639–62.
[9]. Dao, Viet, Ian Langella, and Jerry Carbo. 2011. “From Green to Sustainability: Information Technology and an Integrated Sustainability Framework.” The Journal of Strategic Information Systems 20 (1): 63–79.
[10]. Epstein, Marc J, and Marie-Josée Roy. 2001. “Sustainability in Action: Identifying and Measuring the Key Performance Drivers.” Long Range Planning 34 (5): 585–604.
[11]. Pompian, Michael M. 2012. Behavioral Finance and Wealth Management: How to Build Investment Strategies That Account for Investor Biases. Vol. 667. John Wiley \& Sons.
[12]. Peloza, John. 2009. “The Challenge of Measuring Financial Impacts from Investments in Corporate Social Performance.” Journal of Management 35 (6): 1518–41.
[13]. Singh, Rajesh Kumar, H Ramalinga Murty, S Kumar Gupta, and A Kumar Dikshit. 2012. “An Overview of Sustainability Assessment Methodologies.” Ecological Indicators 15 (1): 281–99.
[14]. Hahn, Tobias, Jonatan Pinkse, Lutz Preuss, and Frank Figge. 2015. “Tensions in Corporate Sustainability: Towards an Integrative Framework.” Journal of Business Ethics 127: 297–316.
[15]. Ageron, Blandine, Angappa Gunasekaran, and Alain Spalanzani. 2012. “Sustainable Supply Management: An Empirical Study.” International Journal of Production Economics 140 (1): 168–82.
[16]. Jeucken, Marcel. 2010. Sustainable Finance and Banking: The Financial Sector and the Future of the Planet. Routledge.
[17]. Perrini, Francesco, and Antonio Tencati. 2006. “Sustainability and Stakeholder Management: The Need for New Corporate Performance Evaluation and Reporting Systems.” Business Strategy and the Environment 15 (5): 296–308.
[18]. Amel-Zadeh, Amir, and George Serafeim. 2018. “Why and How Investors Use ESG Information: Evidence from a Global Survey.” Financial Analysts Journal 74 (3): 87–103.
[19]. Lo, Andrew W. 2005. “Reconciling Efficient Markets with Behavioral Finance: The Adaptive Markets Hypothesis.” Journal of Investment Consulting 7 (2): 21–44.
[20]. Silvius, A J Gilbert, and Ron P J Schipper. 2014. “Sustainability in Project Management Competencies: Analyzing the Competence Gap of Project Managers.” Journal of Human Resource and Sustainability Studies 2014.
[21]. Kramar, Robin. 2014. “Beyond Strategic Human Resource Management: Is Sustainable Human Resource Management the next Approach?” The International Journal of Human Resource Management 25 (8): 1069–89.
[22]. Ameer, Rashid, and Radiah Othman. 2012. “Sustainability Practices and Corporate Financial Performance: A Study Based on the Top Global Corporations.” Journal of Business Ethics 108: 61–79.
[23]. Salzmann, Oliver, Aileen Ionescu-Somers, and Ulrich Steger. 2005. “The Business Case for Corporate Sustainability:: Literature Review and Research Options.” European Management Journal 23 (1): 27–36.
[24]. Boudreau, John W, and Peter M Ramstad. 2005. “Talentship, Talent Segmentation, and Sustainability: A New HR Decision Science Paradigm for a New Strategy Definition.” Human Resource Management: Published in Cooperation with the School of Business Administration, The University of Michigan and in Alliance with the Society of Human Resources Management 44 (2): 129–36.
[25]. Moser, Caroline O N. 1998. “The Asset Vulnerability Framework: Reassessing Urban Poverty Reduction Strategies.” World Development 26 (1): 1–19.
[26]. Schiederig, Tim, Frank Tietze, and Cornelius Herstatt. 2012. “Green Innovation in Technology and Innovation Management--an Exploratory Literature Review.” R\&d Management 42 (2): 180–92.
[27]. Danesh, Darius, Michael J Ryan, and Alireza Abbasi. 2018. “Multi-Criteria Decision-Making Methods for Project Portfolio Management: A Literature Review.” International Journal of Management and Decision Making 17 (1): 75–94.
[28]. Eccles, Robert G, and Michael P Krzus. 2010. One Report: Integrated Reporting for a Sustainable Strategy. John Wiley \& Sons.
[29]. López, M Victoria, Arminda Garcia, and Lazaro Rodriguez. 2007. “Sustainable Development and Corporate Performance: A Study Based on the Dow Jones Sustainability Index.” Journal of Business Ethics 75: 285–300.