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Transition towards green financial sector for gaining newly perceived competitiveness by adopting a green management model

Author

Listed:
  • Nour Nassar

    (Vilnius Gediminas Technical University, Lithuania)

  • Nour Nassar

    (BLOM Bank, Lebanon)

  • Nour Nassar

    (Fundii, Canada)

  • Wadim Strielkowski

    (University of California, Berkeley, United States)

  • Wadim Strielkowski

    (Czech University of Life Sciences Prague, Czech Republic)

Abstract

The purpose of the article is to outline the relationship between the green management aspects in the financial sector that lead to the green competitiveness from the external stakeholders' perspective. The methodology used in this study is based on the Preferred Reporting Items for Systematic reviews and Meta-Analyses for Scoping Reviews (PRISMA-SCR) approach seeking to develop a greater understanding of relevant terminology, core concepts, and key factors affecting the transition process towards the green financial sector. The main outcome of this research is constructing a model of transition towards the green financial sector for gaining green competitiveness in which the external stakeholders' perspective hass been emphasized. This study creates a research tool that can be used for weighting green managerial aspects from the external stakeholders' point of view. While performing this study, the authors were focusing on the Middle East area which constitutes the main limitation of this research. Therefore, more attention and focus on other geographical areas might be necessary for more accuracy.

Suggested Citation

  • Nour Nassar & Nour Nassar & Nour Nassar & Wadim Strielkowski & Wadim Strielkowski, 2022. "Transition towards green financial sector for gaining newly perceived competitiveness by adopting a green management model," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 4(1), pages 71-88, March.
  • Handle: RePEc:ssi:jouird:v:4:y:2022:i:1:p:71-88
    DOI: 10.9770/IRD.2022.4.1(5)
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    Citations

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    Cited by:

    1. Manuela Tvaronavičienė, 2023. "Towards Renewable Energy: Opportunities and Challenges," Energies, MDPI, vol. 16(5), pages 1-2, February.

    More about this item

    Keywords

    transition; sustainable development; green competitiveness; green management; financial sector; stakeholders;
    All these keywords.

    JEL classification:

    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development

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