Linking green finance to sustainability: Evidence from rubber industry

Creative Commons License

Külahi E. B.

6th Annual Conference of ASFAAG 2026 , İstanbul, Türkiye, 19 - 21 Haziran 2026, ss.38, (Özet Bildiri)

  • Yayın Türü: Bildiri / Özet Bildiri
  • Basıldığı Şehir: İstanbul
  • Basıldığı Ülke: Türkiye
  • Sayfa Sayıları: ss.38
  • Açık Arşiv Koleksiyonu: AVESİS Açık Erişim Koleksiyonu
  • İstanbul Kent Üniversitesi Adresli: Evet

Özet

The present study aims at investigating the relationship between green finance and sustainability

in the rubber industry being environmentally sensitive and resource intensive. It proposes a

simplified mediation model where environmental strategies have a mediating impact on increasing

sustainability performance. A quantitative approach using survey research in 36 firms is adapted

to address the relationships using Hayes’ PROCESS macro (Model 4) and assess the direct and

indirect effects.The initial findings reveal that green finance has a statistically significant effect on

the environmental strategy and sustainability performance. However, the direct and indirect effect

of the environmental strategy on sustainability performance is found to be insignificant, indicating

no mediation. The results suggest that green finance contributes to firms sustainability even in the

absence of formalized environmental strategies.