The Relationship between Green Finance Awareness and Sustainable Competitiveness of SMEs

Nurul Huda Mustafa, Rosmaria Jaffar (), Mariana Jusop, Noor Fadzlina Mohd Fadhil and Hafiza Aishah Hashim
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Nurul Huda Mustafa: Universiti Sultan Zainal Abidin (UniSZA), Faculty of Business and Management
Rosmaria Jaffar: Universiti Sultan Zainal Abidin (UniSZA), Faculty of Business and Management
Mariana Jusop: Universiti Sultan Zainal Abidin (UniSZA), Faculty of Business and Management
Noor Fadzlina Mohd Fadhil: Universiti Sultan Zainal Abidin (UniSZA), Faculty of Business and Management
Hafiza Aishah Hashim: Universiti Malaysia Terengganu (UMT), Faculty of Business, Economics and Social Development

A chapter in Proceedings of the 4th International Conference on Economic, Business, and Accounting Studies (ICEBAST 2025), 2025, pp 197-211 from Springer

Abstract: Abstract This study examines the role of green finance awareness in enhancing sustainable competitiveness among small and medium-sized enterprises (SMEs), which are vital contributors to economic growth, innovation, and employment but increasingly face pressure to adopt sustainable business practices in response to global climate challenges. Using a quantitative design and survey data from 90 SMEs, analyzed through descriptive, correlation, and regression techniques in SPSS, the results indicate that SMEs possess moderate-to-high awareness of green finance and actively engage in sustainability efforts. A strong positive correlation (r = 0.939, p

Keywords: Green finance; awareness; SMEs; sustainable competitiveness; SDG 9 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.2991/978-94-6463-956-8_16

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