The Impact of Green Business Ethics and Green Financing on Sustainable Business Performance of Industries in Türkiye: The Mediating Role of Corporate Social Responsibility

Hazal Koray Alay, Abdulkadir Keskin, Meri Taksi Deveciyan, Gülaçtı Şen, Didem Kayalıdereden and Şayan Berber ()
Additional contact information
Hazal Koray Alay: Management and Organization Department, Health Services Vocational School, Batman University, Batman 72000, Türkiye
Abdulkadir Keskin: Department of Business Administration, Faculty of Political Sciences, Istanbul Medeniyet University, Istanbul 34700, Türkiye
Meri Taksi Deveciyan: Business Management Department, Faculty of Business and Management Sciences, Istanbul Kultur University, Istanbul 34158, Türkiye
Gülaçtı Şen: Aviation Management Department, Edremit School of Civil Aviation, Balikesir University, Balikesir 10390, Türkiye
Didem Kayalıdereden: International Trade and Finance Department, Faculty of Economics and Administrative Sciences, Istanbul Kultur University, Istanbul 34158, Türkiye
Şayan Berber: International Trade and Finance Master Program, Yasar University, Izmir 35010, Türkiye

Sustainability, 2024, vol. 16, issue 17, 1-21

Abstract: The purpose of this research is to understand the relationship between green business ethics, green finance, and sustainable business performance, and to evaluate the role of corporate social responsibility (CSR) in this relationship. The impact of the damage inflicted on nature’s functioning order is being felt much more strongly today. In light of these realities, companies must emphasize sustainability principles not just out of financial concerns but as a result of corporate social responsibility. In this context, focusing on the role of corporate social responsibility in sustainable business performance is the main goal of this research. Quantitative research methods, specifically the cross-sectional survey method, were employed for data collection and analysis. For this purpose, a convenience sampling method was used to select 427 white-collar employees working in industries operating in Türkiye as the sample for this study. The data collected through surveys were analyzed using the AMOS 24 statistical program. The findings underscore that green business ethics and green finance have a significant impact on corporate social responsibility and sustainable business performance. Additionally, it was determined that corporate social responsibility plays an intermediary role in shaping sustainable business performance. These findings are expected to provide an important foundation that can guide both employees and managers in developing awareness about green policies and sustainability, emphasizing the importance of green policies in working life.

Keywords: green business ethics; green finance; sustainable business performance; corporate social responsibility (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.mdpi.com/2071-1050/16/17/7868/pdf (application/pdf)
https://www.mdpi.com/2071-1050/16/17/7868/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:16:y:2024:i:17:p:7868-:d:1474568

Access Statistics for this article

Sustainability is currently edited by Ms. Alexandra Wu

More articles in Sustainability from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().