학술논문

NEXUS AMONG STAKEHOLDER PRESSURE, ACCESS TO GREEN FINANCE AND GREEN INVESTMENTS: A MEDIATION MODERATION MODEL.
Document Type
Article
Source
Gomal University Journal of Research. Dec2023, Vol. 39 Issue 4, p421-432. 12p. 5 Charts.
Subject
*SUSTAINABLE investing
*MODERATION
*SUSTAINABLE development
*DECISION making
Language
ISSN
1019-8180
Abstract
Sustainable development goals attainment relies significantly on the green investments (GI), making it important factor. In this context, environmental awareness (EA) emerges as a potentially effective approach to accomplish these goals. This present study empirically investigates the impact of vital resources of EA, i.e., stakeholders pressure (SP) and access to green finance (AGF). Moreover, the study examines the mediating impact of EA between these resources and GI and the moderation impact of top management commitment (MC). In this regard, data were gathered from 315 managers of manufacturing firms in developing country. The study employs PLS-SEM to examine the relationships among the constructs. Thus, results provide significant information in reaching the conclusion and making decisions. The findings show that the SP and AGF are positively related to EA. The findings also confirmed the mediating role of EA between SP, AGF and GI. Moreover, the results confirmed the moderating role of MC between SP, AGF and EA. Consequently, the study offer recommendations for regulators in the formulation of regulations pertaining to the attainment of sustainable development goals. [ABSTRACT FROM AUTHOR]