FACTORS INFLUENCING SUSTAINABILITY (A SYSTEMATIC LITERATURE REVIEW)

Abstract

This study aims to identify and analyze the factors influencing sustainability by employing a Systematic Literature Review (SLR) approach. The research method was conducted through article searches on Google Scholar using the Publish or Perish software, with the keyword “factors influencing sustainability.” From an initial result of 48,200 articles, after screening based on inclusion and exclusion criteria, 10 SINTA-indexed journal articles published between 2020–2025 were selected for further analysis. The findings reveal that sustainability is influenced by environmental factors (vegetation cover, carbon stock, spatial planning), fiscal factors of local governments (local revenue, regional spending, dependency on central transfers), internal company factors (profitability, firm size, leverage, financial efficiency, core capital), as well as external factors (advertisement intensity, media exposure, social support, participation of indigenous communities, and environmental awareness). These results emphasize that sustainability is a multidimensional concept, determined not only by financial aspects but also by social, environmental, and governance dimensions. The implications of this study are expected to provide references for both public and private sectors in designing comprehensive sustainability strategies, while also opening opportunities for future research on the integration of internal and external factors in supporting long-term sustainability practices.

Sustainability, Systematic Literature Review, Internal Factors, External Factors, Financial Management