Nexus Between Strategic Green Finance and Green Competitive Advantage: Study at Indonesia Corporate

Mursalim Nohong, Muhammad Sobarsyah (), Muhammad Irfai Sohilauw () and Bahtiar Herman ()
Additional contact information
Mursalim Nohong: Faculty of Business and Economics, Universitas Hasanuddin, South Sulawesi Indonesia
Muhammad Sobarsyah: Faculty of Business and Economics, Universitas Hasanuddin, South Sulawesi Indonesia
Muhammad Irfai Sohilauw: Faculty of Business and Economics, Universitas Hasanuddin, South Sulawesi Indonesia
Bahtiar Herman: ��Faculty of Business and Economics, Universitas Muhammadiyah Sidenreng Rappang, South Sulawesi, Indonesia

Journal of Environmental Assessment Policy and Management (JEAPM), 2024, vol. 26, issue 02, 1-21

Abstract: The present research explores the variables that impact Green Competitive Advantage (GCA) in modern business environments. It highlights the importance of strategic investments in green finance and the strong association between Strategic Finance (SFI) and GCA, which aligns with the growing emphasis on sustainable business practices worldwide. Furthermore, the study reveals the correlation between Corporate Governance (CG), business Size (CS), and GDP, emphasizing the critical function of solid governance frameworks and the utilization of business scale to align with broader economic trends. However, discovering multicollinearity among particular variables underscores the necessity for caution when interpreting regression model results. In addition, incorporating a geographical dimension yields refined insights that disclose characteristics distinctive to a specific place and globally relevant determinants that affect GCA. Ultimately, companies that want to be sustainable and competitive must take a holistic approach considering governance, strategic finance, and location.

Keywords: Green competitive advantage; strategic finance; corporate governance; ordinary least square (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1464333224500030
Access to full text is restricted to subscribers

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:wsi:jeapmx:v:26:y:2024:i:02:n:s1464333224500030

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1464333224500030

Access Statistics for this article

Journal of Environmental Assessment Policy and Management (JEAPM) is currently edited by Thomas Fischer

More articles in Journal of Environmental Assessment Policy and Management (JEAPM) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().