The impact of green innovation on financial-environmental performance of Mobarake steel complex

Document Type : Original Article

Authors

1 Assistant Professor, Department of Management, Faculty of Human Resource, Dehaghan unit, Islamic Azad University, Dehaghan, Iran.

2 Senior Financial Affairs Expert, Water and Wastewater Company, Isfahan, Isfahan Province, Iran

Abstract

The continuous improvement of financial-environmental performance is considered as one of the strategic goals for organizations, therefore, the current research was conducted with the aim of "investigating the impact of green innovation on the financial-environmental performance of Mobarakeh Steel Complex"; The type of research, in terms of method, is a descriptive-survey of the correlation type, its nature is practical and cross-sectional in terms of time. The statistical population of this research is all the managers of the financial department of Foulad Mobarakeh, 182 people, who were all selected using the census method. The measurement tools of the research were standard questionnaires for the variables of green innovation, financial-environmental performance and disclosure of environmental information (as a moderating variable) whose face and content validity and reliability were confirmed at a confidence level of 0.95. Data analysis was done using Spss26 and Smart Pls3 software. The Kolmogorov-Smirnov test was used to check the normality of the data, and the structural equation method was used to test the hypotheses. The research results showed that green innovation has a significant impact on the company's financial-environmental performance in Mobarakeh steel complex; But disclosure of environmental information does not moderate the relationship between green innovation and financial-environmental performance. Finally, suggestions for improving the financial-environmental performance of Mobarake Steel Complex based on green innovation were presented.

Keywords

References

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Green Development Management Studies
Volume 2, Issue 1 - Serial Number 3
April 2023
Pages 158-172

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