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Original scientific paper

https://doi.org/10.1080/1331677X.2022.2151489

The impact of ICT, green finance, and CSR on sustainable financial performance: moderating role of perceived organizational support

Qin Xiliang
Yen-Ku Kuo
Mohammed A. S. Abourehab
Fatma Mabrouk
Edwin Ramirez-Asis
Zulkiflee Abdul-Samad
Nalson Makes


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Abstract

Recently, the financial performance of the steel industry has faced
several challenges due to a lack of focus on corporate social
responsibilities (CSR), green finance, and information communication
technology (ICT). Hence, this study investigates the impact of
CSR, green finance, and ICT on the financial performance of the
steel industry in China. The present research also investigates the
moderating role of organizational support among CSR and firm
performance and ICT and firm performance. We applied structural
equation modeling to analyze the primary data of 290 employees
collected from the employees of the steel industry in China. The
findings indicated that CSR, green finance, and ICT have a positive
and significant impact on the financial performance of this industry.
The results also showed that organizational support significantly
and positively moderates the interaction between CSR, ICT,
and financial performance. These findings suggest that Chinese
steel industries should adopt CSR practices and implement an ICT
adoption strategy for better financial performance.

Keywords

Hrčak ID:

308006

URI

https://hrcak.srce.hr/308006

Publication date:

1.9.2023.

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