IMPACT OF SUSTAINABLE ENVIRONMENT & GREEN TRANSFORMATIONAL LEADERSHIP ON FIRM FINANCIAL PERFORMANCE: A MEDIATING ROLE OF GREEN TECHNOLOGY

Abstract

This research aims to determine the impact of sustainable environment and green transformational leadership on financial performance of firms, while considering the mediation of green technology. Since sustainability is seen as more vital for organizations competing for an advantage, it is important to determine how these components interact. Using a deductive approach, cross-sectional quantitative research method is used, and data is collected from large number of firms in different industries practicing sustainability. The correlations and regression tests are employed to analyze relationships among variables. In light of results, early insights indicate that sustainable environments and green leadership have significant link with the financial performance, with the green technology as mediator. This research creates awareness on sustainability in business, and offer useful information that have immense advantages for organizational leadership & embrace green technology as way of attaining improved financial performance. The study brings future directions of research concerning sustainability of long-term consequences of diverse sustainability initiatives on financial performance in different contexts.