Wang, Zhuo and Shahid, Muhammad Sadiq and An, Nguyen Binh and Shahzad, Mohsin and Abdul Samad, Zulkiflee (2022) Does green finance facilitate firms in achieving corporate social responsibility goals? Economic Research-Ekonomska Istrazivanja, 35 (1). pp. 5400-5419. ISSN 1331-677X, DOI https://doi.org/10.1080/1331677X.2022.2027259.
Full text not available from this repository.Abstract
Socio-economic and environment-friendly initiatives are imperative to ensure sustainable development. And corporate social responsibility (CSR) emerged as a solution to create a balance in society through sustainable business performance. However, organizations need plentiful resources to comply with the philosophies of sustainability and CSR. Therefore, the current study explores the role of green financing that covers the social, environmental, and economic aspects of green financing for achieving, excelling and enhancing CSR in the banking sector. Through the employment of survey methodology and the application of Partial Least Square-Structural Equation Modelling (PLS-SEM), the data confirms the contributing role of green finance and its respective dimensions (Environmental, Economics, and Social) in enhancing the multiple facets of CSR. Based on these findings, it is recommended that the banking sector should allocate additional financial resources to promote CSR attributes.
| Item Type: | Article |
|---|---|
| Funders: | Philosophy & Social Science Fund of Tianjin City, China (Grant No: TJYJ21-003) |
| Uncontrolled Keywords: | Green finance; Corporate social responsibility; Sustainable development; Structural equation modeling |
| Subjects: | H Social Sciences > HG Finance |
| Divisions: | Faculty of the Built Environment |
| Depositing User: | Ms. Juhaida Abd Rahim |
| Date Deposited: | 06 Nov 2023 08:44 |
| Last Modified: | 06 Nov 2023 08:44 |
| URI: | http://eprints.um.edu.my/id/eprint/41482 |
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