The Effect of Green Finance on Firms’ Sustainability: The Moderating Role of Management Commitment ()
ABSTRACT
The purpose was to examine the effect of green
financing on firms’ sustainability: the moderating role of management
commitment among Rural Banks. A cross-sectional quantitative research approach
was employed on a sample of ninety-nine (99) respondents who were randomly
selected. Questionnaire was employed using structured closed-ended 7-point
Likert Scale. Descriptive statistics, such as mean score, standard deviation, correlation and regression method were
employed for interpretation. The study’s findings revealed there is direct
significant effect between green finance practices and firms’ sustainability.
Banks management commitment has direct significant effect on firms’
sustainability. Management commitment has strengthened the relationship between
green finance and firms’ sustainability. This shows that the rural banks tend to
achieve greater and superior sustainability at point when the banks blend
management commitment to green finances.
Share and Cite:
Daniel, O. (2023) The Effect of Green Finance on Firms’ Sustainability: The Moderating Role of Management Commitment.
Open Journal of Business and Management,
11, 3498-3517. doi:
10.4236/ojbm.2023.116191.
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