GREENING BOTTOM LINE & TECH-DRIVEN SUSTAINABILITY: FINANCIAL TECHNOLOGY JOURNEY CREATING BETTER ENVIRONMENT

  • Sanam Tehseen PhD, Scholar, School of Management, Wuhan University of Technology, Wuhan, CHINA
  • Abid Hussain Assistants Professor, Department of Commerce, Thal University Bhakkar, Punjab, Pakistan
  • Aqeela Riaz Visiting Lecturer, Department of Business Administration, Thal University Bhakkar, Pakistan
Keywords: Financial Technology, Green Innovation, Green Finance, Environmental Performance, Resource Commitment

Abstract

The main purpose of this investigation is to examine influence of financial technology (FT) on Corporate Environmental Performance. In addition, the present study examines green finance (GF) and green innovation (GI) as mediating variables between FT and CEP. Lastly, this study examines the moderating effect of the Resource Commitment (RC) between FT and CEP. The population of the study, comprised of managers working in different manufacturing companies in Pakistan, scholars used adopted questioner to collect data from respondents. A structural equational model was used to test the hypothesis of the study. The results indicate that FA has positively associate with CEP. The findings support the notion that GF and GI are the mediator between FA and CEP. The results confirm that RC moderates the relationship between FA & CEP. This study provides recommendations for regulators in formulating regulations that align with achievement of the technological goals of the firms. This study stands out as first to investigate the observed relationships. Research emphasizes the urgent need for the incorporation of novel technology, environmentally-friendly initiatives, and financial mechanisms into organization strategies so as to facilitate corporate environmental performance. 

Published
2023-12-29
Section
Articles