Exploring the Role of Fintech, Green Finance, and CSR on Environmental Performance with the Mediating Role of Green Innovation

Fareeha Waseem, Veera Salman and Zahra Batool
Additional contact information
Fareeha Waseem: Hailey College of Banking & Finance, University of the Punjab, Lahore, Pakistan
Veera Salman: Department of Accounting and Finance, Kinnaird College for Women, Lahore, Pakistan
Zahra Batool: Hailey College of Banking & Finance, University of the Punjab, Lahore, Pakistan

Audit and Accounting Review, 2025, vol. 5, issue 2, 22-48

Abstract: This study aims to investigate the influence of green finance, corporate social responsibility, and fintech on the environmental performance of banks in the context of sustainability. Additionally, it seeks to examine the mediating role of green innovation. Primary data was collected using convenience random sampling through a structured questionnaire from 400 respondents working in the banking sector of Pakistan. Through multiple linear regression, it was found that CSR, green finance, and fintech adoption play a significant role in driving the banks’ environmental performance. Additionally, Hayes Process showed that green innovation significantly but partially mediated these relationships. The outcomes support the resource-based theory, implying that possessing and implementing strategic resources can boost the performance of banks and extend the application of the above theory in the realm of environmental sustainability. Banks and policymakers can also benefit from the results of this research.

Keywords: corporate social responsibility; environmental performance; fintech; green finance; green innovation (search for similar items in EconPapers)
JEL-codes: G21 M48 O33 Q56 (search for similar items in EconPapers)
Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.umt.edu.pk/index.php/aar/article/view/7616/3629

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:ris:aarumt:022396

DOI: 10.32350/aar.52.02

Access Statistics for this article

Audit and Accounting Review is currently edited by Muhammad Hassan Danish

More articles in Audit and Accounting Review from University of Management and Technology, Lahore, Pakistan School of Commerce and Accountancy, University of Management and Technology, Lahore, Pakistan. Contact information at EDIRC.
Bibliographic data for series maintained by Asma Amantullah ().