The Impact of Green Financing on Company Performance and Achieving Sustainability

• 발행기관: People & Global Business Association
• 저자명: Abdelwhab Musa Elgali Mohamed Nasareldeen Hamed Ahmed Alnor Abdelnasir Mohamednour Ahmed Adam Ebrahim Mohammed Al-Matari Ibrahim Ahmed ELamin Eltahir Tarig Osman Abdallah Helal
• 간행물 정보: 『Global Business and Finance Review』Vol.30 No.8, 149~163쪽, 전체 15쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2025.08.31

국문 초록

Purpose: This study investigates the relationship between green financing, business success, and the achievement of sustainability goals. With growing concerns about environmental sustainability, businesses are increasingly exploring eco-friendly practices. This research examines how green finance programs influence firms' ability to meet sustainability objectives while improving financial performance. Design/methodology/approach: Using a robust empirical methodology, the study employs regression analysis to evaluate the connection between green finance and business success. The research incorporates key financial indicators, sustainability metrics, and key performance indicators (KPIs) to measure the impact of green financing on both financial performance and sustainability outcomes. The study also accounts for regional and industry- specific factors, providing a nuanced understanding of how green finance strategies work across different business environments. Hypotheses were formed to be tested using primary data collected through a survey questionnaire. The data were collected from the Dubai police organisation as a field of study. Out of the 500 distributed questionnaires, 280 questionnaires were returned. Partial least squares structural equation modelling (PLS-SEM) was used to analyse the data for measurement and structural models. Findings: Preliminary findings show a strong positive correlation between green finance practices and improved firm performance. Companies adopting green financing strategies tend to show enhanced profitability, efficiency, and market value. Furthermore, the research highlights that green finance plays a crucial role in supporting businesses' sustainability goals, driving progress toward environmental objectives while boosting financial performance. This suggests that eco-conscious financial strategies are mutually beneficial for both business success and environmental sustainability. Research limitations/implications: Limitations of the study include potential data constraints, as comprehensive sustainability metrics may not be uniformly available across all industries or regions. The research focuses on specific industries and regions, which may limit the generalizability of the findings. Future studies could adopt a longitudinal approach to explore the long-term effects of green finance. The study's implications are valuable for policymakers, financial institutions, and business leaders seeking to align financial strategies with sustainability goals. Originality/value: This research contributes to the understanding of how green financing impacts both business performance and sustainability. It offers practical insights for businesses, financial institutions, and policymakers to implement effective, sustainable financial strategies that drive both economic and environmental benefits.

목차

I. Introduction

II. Literature Review and Development of Hypotheses

III. Methodology

IV. Data Analysis and Findings

V. Discussion

VI. Conclusion

VII. Implication of Study

VIII. Limitation of Study and Future Suggestion

References

키워드

green financing sustainability company performance environment sustainable development financial strategies